AicA | Alliance of Inter-Continental Accountants

Global member - Xiamen

Xiamen Economy

Xiamen Free Trade Zone was approved to set up by the State Council of the P.R.C. in October 1992 in Xiamen Special Economics Zone(Xiamen SEZ). Apart from enjoying the preferential polices of SEZ, it also uses for reference the operation of present world free trade zones . Being "Free of Licences ,Duty-Free and Bonded", it is the special economic zone in Cinese mainland enjoying the widest openness , the most flexible operation system and the most preferential investment policies.

After over 30 years of construction , Xiamen SEZ has become the most dynamic economic area in southeast coast of China, "the Best Habitating City" in the world and attracted over 5000 FDI projects , including 39 ones from "Fortune 500".

Xiamen Free Trade Zone includes 5 square kilometres , in which 1.1 has been developed for Phase I. The layout includes 7 30-50-thousand -ton container berthes with over 1400 metres of coastal line and 0.7 million square metres of interior land area .Being "Special Area within the SEZ" , based on the concept of "First To Try ,Quicker and Better ",and in accordance with the international practices, the FTZ has become the fast-developing special economic area with outstanding functions and preferential investment environment . Many famous multinational companies like Micron ,Kodak,Celestica ,Plexus,Baxglobal and New World have come and developed quickly.It has become the important economic flash point of Xiamen SEZ with port as its leading function ,characterized with bonded warehouses and modern logistics as its main body .It has become a new economic area including international trade, processing trade and entrepot trade.

In order to further develop its service function ,enlarge operation and satisfy more investment demands, Xiamen Free Trade Zone now begins to build the Phase ¢òand airport free trade zone .We believe in the near futhure, a big prosperous Xiamen Free Trade Zone with all air , sea and land transport facilities will warmly welcome guests from home and abroad.

Invest oppotunities

Investment Opportunities in Xiamen are endless but not without rhyme or reason.Xiamen government has carefully selected 4 pillar indu stries: chemical,electronics, power and machinery.The sprawling 100 square kilometer Haicang Investment Zone has been carefully subdivided into four districtswith the following emphases:
New Urban District (Xin Shiqu新市区): commerce and trade, finance, real estate, tourism, recreation and leisure Harbor District (Haigang Qu海港区) (port facilities, energy industry, bonded facilities and warehousing & storage).

South Industrial District (Nanbu Gongye Qu 南部工业区 ): petrochemicals Xinyang Industrial District (Xinyang Gongye Qu新阳工业区): machinery, electronics, chemicals and building materials. Strike Gold at CIFIT! The best place to scout out business opportunities, whether in Xiamen or elsewhere, is our annual CIFIT (China International Fair for Investment & Trade, Zhongguo Guoji Touzi Maoyi Qiatan Hui, 中国国际投资贸易洽谈会). Every September 8th, our CIFIT hosts pavilions with investment opportunities in every province in China, from coastal Fujian to the Himalayan heights of Tibet.

CIFIT has been responsible for over half of foreign investment to small and medium enterprises, and for much of large businesses as well, with over 100,000 visitors and exhibitors from over 144 countries and over 2000 international and governmental institutions, business associations and enterprises. CIFIT's 1800+ forum and seminar speakers have included top Chinese leaders, Nobel Prize winners, U.N. officials and vice premiers of various countries.

Investment Policies and Laws

Preferential policies

16F, Guomao building, No. 388, Hubin South Road, Siming District, Xiamen, China.
  • Telephone no:
    (86) 592 5171090