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Xiamen FTZ lures Taiwan's young with startup policies

ftz.xm.gov.cn|Updated: March 13, 2023

Several bases for young Taiwan entrepreneurs – located in the Xiamen Area of the China (Fujian) Pilot Free Trade Zone – are currently in full swing in the wake of policies introduced to attract employers and personnel from Taiwan.

The Yun Chuang Zhi Gu·Liang An Tai Xiang, or cloud innovation park for cross-Straits entrepreneurs, is a national cross-Straits startup base and a major hub for Taiwan entrepreneurs in the Xiamen FTZ. The zone, located in China's East Fujian province, has set up a professional platform for cross-Straits talent.

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Located in a coastal city, the innovation base aims to attract young Taiwan folks with dynamic industries, such as the new retail and environment protection sectors. [Photo/WeChat ID: gh_6233022b6145]

Park deputy general manager Wu Chengxiang said in the first half of the year its representatives would visit Taiwan to promote Xiamen's attractive policies. In the second half, there are plans for receptions to be held for Taiwan delegations.

Wang Zairong is often cited as a great example of Taiwan entrepreneurs who have benefitted from the zone's services. Speaking Russian, he works in cross-border e-commerce and sends goods to Russia and other countries along the Silk Road Economic Belt and the 21st Century Maritime Silk Road.

He speaks highly of the solid support offered by Xiamen's municipal government. Besides financial subsidies, he says that there are attractive services tailored to entrepreneurship training and policy interpretation.

The cloud innovation park for cross-Straits entrepreneurs has been listed as one of the demonstration bases for micro and small-sized companies, underlining its significant role in optimizing the entrepreneurship environment.

Moving forwards, plans are for the park to make the fullest use of local communities and to provide young Taiwan people with efficient and friendly services.