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New measures to further promote Fujian FTZ's reform and innovation

govt.chinadaily.com.cn | Updated: 2020-03-27

It will pilot the introduction of medical-related technologies. Taiwan-funded medical institutions will be allowed to apply new and mature technologies which have been put into clinical use in Taiwan with remarkable curative effects in accordance with the Regulations on Clinical Application of Medical Technology.

Taiwan engineering construction modes will be piloted in the zone. The FTZ supports hiring Taiwan enterprises as major professional service organizations to carry out innovation in construction, fine decoration, electromechanical engineering, quantity surveying, contract consulting and property management.

It will make it more convenient for vehicles from Taiwan to enter Fujian.

A Fujian-Taiwan port cooperation mechanism will be explored in the FTZ, including information sharing and further promoting "self-help" customs clearance at Taiwan passenger inspection channels in Xiamen and Pingtan.

Financial institutions in the FTZ can carry out credit cards and individual credit business for Taiwan compatriots, depending on the province's Credit Report Enquiry System for Taiwan people and enterprises.

The FTZ will expand cross-Straits cooperation in the film and television industry. It encourages Taiwan film and TV industry-related associations to set up branches in Xiamen and Pingtan. A film and television cultural industry base will be established in Pingtan to provide services for cross-Straits and international film training and exhibitions. Preferential policies, including a lower corporate income tax rate (15 percent) for relevant enterprises that comply with the regulations, and a fixed assets investment subsidy, will be conducted in the zone.

Cross-Straits legal cooperation will be strengthened. The plan encourages law offices in the province to set up partnerships with Taiwan law offices. It supports Taiwan law offices establishing branches in the Pingtan area, and Taiwan compatriots who are permitted to practice in mainland law firms to carry out the work of lawyer mediation. It promotes Taiwan arbitral institutions to set up contact points in the FTZ to provide commercial arbitration service for the zone's enterprises.

Cooperation in intellectual property between Taiwan and Fujian will be deepened. Taiwan residents and enterprises will be able to apply for intellectual property patents on the mainland, and Taiwan patent agencies will be encouraged to set up branches in the FTZ and to found a fund for cross-Straits intellectual property operation to boost Taiwan's transformation of intellectual property rights on the mainland.

The FTZ will further take actions to facilitate customs clearance for goods from Taiwan and Southeast Asia via the railways between Fujian and Taiwan or Europe.

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