Pingtan introduces goods from Taiwan's Changhua county
A venue named after Taiwan's Changhua county was inaugurated to import Taiwan goods to the Pingtan Free Trade Zone in Fujian province. More than 40 enterprises from Changhua will settle in the venue and display specialties. [Photo/Xinhua]
Background:
The Taiwan Commodity Market, which opened in June 2014, is located in Aoqian town.
It comprises 38 buildings in the Minnan folk style, divided into a duty-free zone, non-duty free zone and support function zone.
The market has a favorable tax policy with tax exemptions granted by the Ministry of Finance on six categories of Taiwan goods: oil and grain products, farm products, textiles and garments, artwork, light industrial products, and medicine.
The daily cap per person is 6,000 yuan ($960), and purchasing records are tracked. If the sum exceeds the threshold, both customers and merchants must pay the tax.
