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Fuqing cross-Straits trade center to complete
Updated: 2013-03-11

The China Straits Trading Center in the city of Fuqing, Fujian province is expected to be ready for a trial run by the end of this year and has hopes of becoming the biggest cross-Straits market in the province, making full use of its closeness to Taiwan to promote cooperation and communications.

Work on the project began last February and the main building has been completed, while work on the interior continues. The center will cover more than 666,600 square meters, with total spending at around 3 billion yuan ($482.4 million).

It will have several separate markets for interior decoration, daily use items, hardware, appliances, handicrafts, car accessories, office supplies, and sporting goods. The design work will use the Yiwu International Trade City, in Zhejiang province, as a reference point. It will also arrange a special zone for goods from Taiwan, such as aquatic and agricultural products, daily use items, hardware, and accessories. For support, there will be a 10,000-ton aquatic products and fruit refrigeration unit and a hotel.

About 70 percent of the work of attracting investment has been completed and some small commodity producers and dealers from Zhejiang and Guangdong provinces, as well as Taiwan are expected to set up shops here.

Fuqing has some obvious advantages over similar projects already established on the mainland, thanks to its closeness to Taiwan, the Pingtan Comprehensive Pilot Zone, and the Haixia passenger boats that go to Taiwan, as well as Nanqingyu, another berth for Taiwan passenger liners.

Industry insiders have said that because the Economic Cooperation Framework Agreement (ECFA) was signed in 2010, this will be an important distribution center in cross-Straits trade and will attract major Taiwan enterprises in the agricultural and aquatic industries.

Edited by Lin Hong and Roger Bradshaw