Western Taiwan Straits Economic Zone or West Coast Economic Zone (simplified Chinese: 海峡西岸经济区; traditional Chinese: 海峽西岸經濟區; pinyin: Hǎixiá Xī'àn Jīngjì Qū; Pe̍h-ōe-jī: hái-kiap sai-hōaⁿ keng-chè khu) is the proposed economic development zone for the economic region west of the Taiwan Straits by the Fujian government and the Chinese central government.[1] This include the coastal cities of Xiamen, Zhangzhou, Quanzhou and Fuzhou along Fujian province.[2][3][4]
Taipei, Taiwan's capital city.Fuzhou, Fujian's provincial capital city.
The proposed economic zone aims to integrate the economies, transport, infrastructure, policies from the coastal cities west of the Taiwan Straits for competitiveness, social development, increased and strengthened economic cooperation with Taiwan.[5]
The ideas of the economic zone has been around since 2001, when Fujian province was undergoing strong economic growth and the Fujian provincial government thought it needed to be competitive with other economic zones such as the Pearl River Delta and the Yangtze River Delta economic zones.[6][7] The proposal was also supported by the central government in order to facilitate political and economic relationships across the Taiwan Straits.[8]
The economic zone will help Fujian catch up to Taiwan's economic development. The economic zone would "promote the better use of resources of the economic belt in East China and enhance its overall economic strength," Wang Xiaojing, the then executive vice-governor of Fujian in 2005.[9]
In 2008, Mainland China through its Association for Relations Across the Taiwan Straits and Taiwan via Straits Exchange Foundation agreed on an Economic Pact which opened direct transport links for the first time since the end of the Chinese civil war. This allowed regular commercial flights, direct shipping between Taiwan and Chinese mainland ports and postal services.
Economyedit
The proposed economic zone will accelerate economic development along the coastal cities in Fujian province. Fujian's economy is China's 11th largest provincial economy with a gross domestic product (GDP) of 523.217 billion yuan (US$63.27 billion) in 2003[10]
Fujian's current GDP is now 924.9 billion RMB as of 2007.[11] The main economic engine in Fujian are Xiamen, Fuzhou, Quanzhou, Zhangzhou and Putian.[11] The proposed economic zone will focus on electronic information, machinery building, petro-chemistry, construction material and clothes.[10]
Taiwan's current GDP in 2007 was 388.1 billion US dollars.[12]
In 2008, with the opening of direct transport links between Taiwan and Mainland China. It is expected this would increase economic activity in the economic zone as well as for Taiwan. This will mean reduced cost for aviation, shipping, postal services.[7] It will accelerate trade, social and economic development in the Taiwan Straits region.
Fujian already has around 5,249 Taiwanese projects in 2008.[7] This is expected to increase as cross-straits bilateral ties improves. This will increase exports such as mechanical & electrical products, automatic data processing equipment, clothing and accessories and footwear etc.[11]
Fujian's major export destination includes Hong Kong, United States and Japan. As economic trade with Taiwan increases with direct transport links, Taiwan will become a major export destination.[11]
^ (in Chinese). 2007-08-20. Archived from the original on November 6, 2007. Retrieved 14 March 2023.
^. news.xinhuanet.com. Archived from the original on 2008-12-01.
^Peter T. Y. Cheung, Jae Ho Chung, Chae-ho Chŏng, Zhimin Lin, Provincial Strategies of Economic Reform in Post-Mao China: Leadership, Politics, and Implementation, Published by M.E. Sharpe, 1997, ISBN0-7656-0147-8, ISBN978-0-7656-0147-6
^ abcd"Market Profiles on Chinese Cities and Provinces (hktdc.com)". info.hktdc.com. Retrieved 2023-01-12.
^"Market Profile on Taiwan (hktdc.com)". info.hktdc.com. Retrieved 2023-01-12.
December 13, 2023
western, taiwan, straits, economic, zone, this, article, uses, bare, urls, which, uninformative, vulnerable, link, please, consider, converting, them, full, citations, ensure, article, remains, verifiable, maintains, consistent, citation, style, several, templ. This article uses bare URLs which are uninformative and vulnerable to link rot Please consider converting them to full citations to ensure the article remains verifiable and maintains a consistent citation style Several templates and tools are available to assist in formatting such as reFill documentation and Citation bot documentation June 2022 Learn how and when to remove this template message Western Taiwan Straits Economic Zone or West Coast Economic Zone simplified Chinese 海峡西岸经济区 traditional Chinese 海峽西岸經濟區 pinyin Hǎixia Xi an Jingji Qu Pe h ōe ji hai kiap sai hōaⁿ keng che khu is the proposed economic development zone for the economic region west of the Taiwan Straits by the Fujian government and the Chinese central government 1 This include the coastal cities of Xiamen Zhangzhou Quanzhou and Fuzhou along Fujian province 2 3 4 Taipei Taiwan s capital city Fuzhou Fujian s provincial capital city The proposed economic zone aims to integrate the economies transport infrastructure policies from the coastal cities west of the Taiwan Straits for competitiveness social development increased and strengthened economic cooperation with Taiwan 5 Contents 1 History 2 Economy 3 See also 4 ReferencesHistory editThe ideas of the economic zone has been around since 2001 when Fujian province was undergoing strong economic growth and the Fujian provincial government thought it needed to be competitive with other economic zones such as the Pearl River Delta and the Yangtze River Delta economic zones 6 7 The proposal was also supported by the central government in order to facilitate political and economic relationships across the Taiwan Straits 8 The economic zone will help Fujian catch up to Taiwan s economic development The economic zone would promote the better use of resources of the economic belt in East China and enhance its overall economic strength Wang Xiaojing the then executive vice governor of Fujian in 2005 9 In 2008 Mainland China through its Association for Relations Across the Taiwan Straits and Taiwan via Straits Exchange Foundation agreed on an Economic Pact which opened direct transport links for the first time since the end of the Chinese civil war This allowed regular commercial flights direct shipping between Taiwan and Chinese mainland ports and postal services Economy editThe proposed economic zone will accelerate economic development along the coastal cities in Fujian province Fujian s economy is China s 11th largest provincial economy with a gross domestic product GDP of 523 217 billion yuan US 63 27 billion in 2003 10 Fujian s current GDP is now 924 9 billion RMB as of 2007 11 The main economic engine in Fujian are Xiamen Fuzhou Quanzhou Zhangzhou and Putian 11 The proposed economic zone will focus on electronic information machinery building petro chemistry construction material and clothes 10 Taiwan s current GDP in 2007 was 388 1 billion US dollars 12 In 2008 with the opening of direct transport links between Taiwan and Mainland China It is expected this would increase economic activity in the economic zone as well as for Taiwan This will mean reduced cost for aviation shipping postal services 7 It will accelerate trade social and economic development in the Taiwan Straits region Fujian already has around 5 249 Taiwanese projects in 2008 7 This is expected to increase as cross straits bilateral ties improves This will increase exports such as mechanical amp electrical products automatic data processing equipment clothing and accessories and footwear etc 11 Fujian s major export destination includes Hong Kong United States and Japan As economic trade with Taiwan increases with direct transport links Taiwan will become a major export destination 11 See also editBohai Economic Rim Central Plains Straits Economic Zone Yangtze River Delta Economic Zone Northeast Area Revitalization Plan China Western Development Rise of Central China Plan Economy of ChinaReferences edit Fujian A Pilot ProvinceĦĦTo Strengthen Ties with Taiwan www 66163 com Archived from the original on 2004 10 18 http www whatsonxiamen com news msg php titleid 2877 http www au fjfdi com en tzfj xsjqdhxxajjq asp dead link 海峡西岸经济区概述 in Chinese 2007 08 20 Archived from the original on November 6 2007 Retrieved 14 March 2023 Fujian Taiwan record closer economic ties English Xinhua news xinhuanet com Archived from the original on 2008 12 01 Peter T Y Cheung Jae Ho Chung Chae ho Chŏng Zhimin Lin Provincial Strategies of Economic Reform in Post Mao China Leadership Politics and Implementation Published by M E Sharpe 1997 ISBN 0 7656 0147 8 ISBN 978 0 7656 0147 6 a b c http www tp org tw eletter story htm id 20011209 dead link Archived copy Archived from the original on 2016 03 03 Retrieved 2009 02 16 a href Template Cite web html title Template Cite web cite web a CS1 maint archived copy as title link Economic zone facing Taiwan proposed a b http www gwytb gov cn 8088 detail asp table Trade amp title Cross strait Trade amp offset 50 amp m id 21 a b c d Market Profiles on Chinese Cities and Provinces hktdc com info hktdc com Retrieved 2023 01 12 Market Profile on Taiwan hktdc com info hktdc com Retrieved 2023 01 12 Retrieved from https en wikipedia org w index php title Western Taiwan Straits Economic Zone amp oldid 1150624037, wikipedia, wiki, book, books, library,
