The Sea World located in the Xiamen Free Trade Zone. [Photo by Lin Yuyang for ftz.xm.gov.cn]
The Xiamen Maritime Silk Road Cross-Border Enterprises and Family Office Development Center, the first non-enterprise organization in China dedicated to the development of cross-border enterprises and family offices, was recently officially approved for establishment.
The center not only signifies a solid step forward for China in promoting the Belt and Road Initiative, facilitating international economic and trade cooperation and family wealth management services, but also heralds Xiamen as a new force in global family office and cross-border enterprise management services, following in the footsteps of Switzerland, Hong Kong, and Singapore.
The center is meant to be part of an innovative "cross-border + cross-field" 1+N service model, integrating a comprehensive chain and process of commercial, legal, financial, and tax services.
By gathering expert insights, conducting in-depth corporate research, broadening international perspectives, setting industry standards, continuously optimizing service quality, and expanding service boundaries, the center seeks to create a holistic ecosystem that encompasses dual-cross services.
In addition, the center aims to enhance Xiamen's financial market by leveraging global capital, particularly from overseas Chinese and family offices from Fujian province. It strives to stimulate the growth of the cross-border asset management and wealth management sectors while facilitating advancements in financial services, technological innovation, and emerging industries. The initiative is designed to optimize Xiamen's business environment.