Across China: Coastal province Fujian attracts growing foreign investments(2)

There are 31 foreign companies with direct investments of more than 100 million yuan in Fujian, with the investment amount growing 50.9 percent from the same period last year.

 

Foreign companies' confidence stems from favorable policies along with the big market, analysts noted, adding that many local governments are working to improve the business environment by providing more policy benefits to foreign companies.

 

In the Xiamen Area of China (Fujian) Pilot Free Trade Zone, 36 foreign companies were newly registered in the first quarter, with a total registered capital of 2.26 billion yuan.

 

"We have been working with different government departments to streamline approval processes and interpret relevant policies so that we can facilitate project launches and relieve the pressure on enterprises," said Lin Tianxing, an official with the free trade zone administration.