30 years in Xiamen: Taiwan firms benefit from mainland preferential policies
chinadaily.com.cn| Updated: Dec 5, 2019
Xiamen in East China's Fujian province is actively exploring ways to set an example in promoting integrated development across the Taiwan Straits. [Photo/VCG]
Taiwan businessman Han Ying-huan, attracted by the mainland's opening-up policy, invested in and founded a manufacturing factory in the coastal city of Xiamen in Fujian province in the early 1990s. He has always encouraged youth from Taiwan to work and start a business on the mainland to build more connections.
Over the years, Xiamen government has gone to great lengths to create a friendlier business environment, and released preferential measures in an effort to attract more investors and more young people from across the Straits to work and start businesses, according to Han, who is executive vice-president of the Xiamen Association of Taiwan Compatriots Investment Enterprises.
"The last 30 years have been ours, and the next 30 years are in your hands. We can't afford to be absent from the mainland's reform and opening-up." Han often uses that last word when talking to young people from Taiwan. He also tells them about his personal experiences of entrepreneurship in Xiamen, and speaks highly of the city's better business climate and preferential policies.
The Jaguar air compressor, produced by Han's company, has been listed in the country's top five air compressor brands with annual sales of more than 500 million yuan ($71 million). What factors? Han said the policies and measures rolled out by the mainland, such as cuts in taxes and fees, export tax refunds and other promotion measures contribute to his company's robust growth and offer great support for Taiwan enterprises.