Innovative Taiwan companies set up plants in Xiamen

Taiwan-based companies that are involved in advanced industries such as optoelectronics, electromechanics and biotechnology are starting to make their presence felt in Xiamen, local authorities in the city said on Tuesday.

More than 4,300 Taiwan-funded companies had established themselves in Xiamen by the end of 2014, but most were in the traditional manufacturing industries, said Xiamen Mayor Pei Jinjia.

"As a prominent part of the Fujian Free Trade Zone, Xiamen will take advantage of the FTZ status to upgrade its industries and expand cross-Straits industrial cooperation," Pei said.