Under the new rules, Pingtan cut several service fees on exports and imports, including for data recording and changing and electronic inquiry.
Fujian’s public security authority has issued a set of regulations on traffic management for Taiwan vehicles that enter Fujian, according to ptnet.cn.
The approval period for food circulation permits in Pingtan, Fujian province has been shortened from 10 days to 1, authorities said on July 14.
Pingtan is expected to implement a policy allowing overseas tourists to get tax refunds on goods purchased here.
Pingtaners will soon be able to buy luxury imported vehicles at a lower price, thanks to a new policy, local news portal ptnet.cn reports.
All financial institutions are subject to a plethora of preferential policies ranging from tax compensation to rent and land subsidies.
Pingtan adopts differentiated management on export enterprises based on their assets, credit rating and internal risk control measures.
Overseas-funded companies can settle their foreign exchange capital at will, helping them efficiently use the capital.