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Overview of cultural trade in Xiamen FTZ

LMS
ftz.xm.gov.cn|Updated: March 27, 2023

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The Xiamen Area of China (Fujian) Pilot Free Trade Zone – located in East China's Fujian province – is the pilot free trade zone, special economic zone and core area of the Maritime Silk Road enjoying conve­nient access to Taiwan.

It relies on the National Cultural Export Base to deepen cross-Straits cultural exchanges and cooperation, innovate the regulation system on bonded cultural products and services and plays a demonstrative and leading role.

Focused efforts are being made to develop major cultural, media and creative sectors – in terms of artwork, creative design, film and television performances, digital content and new media and the press and publishing.

The area ranked first among national cultural ex­port base functional areas in 2020 and 2021.

I. Investment advantages

a. Relaxed and open industry environment

· Allowing the establishment of wholly foreign-owned entertainment venues;

· Allowing investors from the Taiwan region, as well as those from overseas, to set up wholly-owned performance broker agencies;

· Allowing foreign investors to hold equity interests as non-controlling shareholders in cultural and performing groups.

b. Effective going global cultural programs

• Chinese Publication Exhibition Tour in Southeast Asia: Listed as a key national cultural export project and selected as a Global Service Practice Case and a typical case of promoting cooperation under the Belt and Road Initiative;

• International Book Copyright Supermarket: Empowering international book copyright trade with digital know-how and professionalism.

c. New patterns to communicate with Taiwan

• Consecutively ranking first in the Chinese Mainland in terms of its book trade with Taiwan;

• Attracting leading artists and collecting institutions from Taiwan to the city.

II. Industry policies

• Policies of the Xiamen Free Trade Zone Administration on the Development of Na­tional Cultural Export Base

• Notice of Xiamen Municipal People's Government on Issuing the Supplementary Provisions to Further Pro­mote the Development of  Cultural Industries

• Regulations of Xiamen Municipal People's Govern­ment on Further Promoting Development of the Film and Television Industry

III. Industry platform

• Blanc Sharing Bonded Art Platform

• HiSilk Artwork Center

• Liyuan World of Future Movie

• Lianfa Southeast World

• Sea World