Trade with Taiwan
(xmtdc.gov.cn), Updated: 2014-07-29
Remarkable Trading Volume: In 2013, Xiamen’s trade with Taiwan rose by 5.9% to USD 8.095 billion, accounting for 64% of the provincial total. Of that trade volume, Xiamen imported USD 6.671 billion (an increase of 7.9% over 2012), accounting for 69.3% of the whole province’s imports from Taiwan. In this sense, Taiwan is Xiamen’s biggest source of imports and 2nd largest trading partner.
Increasing Import of Agricultural Products from Taiwan: In 2013, Xiamen imported 13,400 tons of fruit from Taiwan with a year-on-year increase of 71.7%, which made Xiamen the biggest importer of Taiwan fruit on the Mainland for the sixth consecutive year. In 2013 alone, the value of imported Taiwan fruit grew 16 times to USD 23.88 million, more than the cumulative total of the previous years.
Growing Imports of Small Commodities from Taiwan by Dadeng: In 2013, Dadeng imported USD 80.37 million worth of Taiwan commodities, representing an increase of 20.5% over the previous year.
Closer Exchanges with Taiwan Through More Exhibitions: 2013 saw a number of influential exhibitions and other events featuring cross-Straits exchanges held in Xiamen, including the 17th China International Fair for Investment and Trade (CIFIT), the 17th China Xiamen Machinery & Electronics Exhibition (CXMEE), the 6th Cross-Strait Cultural Industries Exhibition, the 13th China Xiamen International Stone Fair, the 8th China Xiamen International Buddhist Items and Crafts Fair and the 70th China International Medical Equipment Fairs (CMEF autumn). Taiwan businesses actively participated in these events, cumulatively setting up over 3,000 booths. Meanwhile, Xiamen also held 4 exhibitions in Taiwan, namely 2013 Xiamen-Taiwan Buddhist Items and Crafts Fair (for the 6th year), 2013 Cross-Straits Architecture, Building Materials and Products Fair (for the 8th year), 2013 Xiamen-Taiwan Gifts and Stationery Fair and 2013 Cross-strait Time-honored Brands Expo with the latter two being held for the first time.
Preferential Policy in Place: Under the approval of the Ministry of Commerce and the General Administration of Customs, Tongyi Port of Xiamen has been listed in the second batch of small volume trading ports to adopt more liberal management measures towards Taiwan. Since July 1, 2013, a preferential policy has been put into place, lifting restrictions on boat tonnage and trade volumes. Against this background, 2013 saw a spike of imported Taiwan goods through Tongyi Port. In 2013, Xiamen imported 45,493 tons of commodities from Taiwan, up 323.5%. Among them, Taiwan fruits imported through Tongyi Port accounted for 95% of Xiamen’s total while Taiwan seafood imported through this port accounted for 98% of the city’s total.
Cross-Straits Trade Center Established: The Center is a comprehensive platform established to enhance cross-Straits economic and trade exchanges and comprises such businesses as trade and economy, E-Commerce, MICE economy, and integrated logistics. It provides buildings as well as venues for business negotiations, product releases, and convening meetings for commercial associations and enterprises from across the Strait office. At present, the first phase of the project accommodates 49 enterprises, and 18 economic and trade associations from Taiwan. The registered capital totals RMB 330 million. As planned, the Second Phase of the project will start construction adjacent to Xiangyu International Shipping Center in 2014.