Xiamen Free Trade Zone
Since 1980 Xiamen has a special economic zone in the districts Siming and Huli, which form the island of the coastal city. To further promote investments from abroad the area was expanded with 0.62 square kilometer in 1992 and the Xiangyu free trade zone was born. More recently a pilot free trade zone was opened in Xiamen, expanding the Xiangyu zone to include the Haicang harbor. Within the pilot free trade zone it became even easier to invest from abroad. Additionally importing goods has become much easier within the free trade zone and there are several administrative advantages for companies within the zone. In the future it can be expected that Xiamen will receive even more advantages after successful experiments in the Shanghai free trade zone.