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Opening of the Cross-Straits Arbitration Center was announced at a ceremony in the Pingtan Comprehensive Pilot Zone, Fujian province, on Dec 29.
Pingtan State Asset Investment Group, Fujian province will get a loan worth 500 million yuan from Taiwan's Chang Hwa Bank and Pingtan branch of Shanghai Pudong Development Bank.
Pingtan, Fujian province plans to establish three centers, featuring trade, Internet finance and logistics to better promote its cross-Strait e-commerce trade.
The cross-Straits inspection and quarantine data exchange center of Pingtan, Fujian province recently started its operation.
Pingtan county in Fujian province got approval from the Bureau of Exit and Entry Administration of the Ministry of Public Security to grant five-year Mainland Travel Permits for Taiwan Residents on Nov 30.
A delegation of 26 people from a chamber of commerce in Kinmen county recently visited the Pingtan Comprehensive Pilot Zone, Fujian province on Nov 23.
The city of Pingtan, Fujian province says it will improve its status as a center for experimental development in cross-Straits cooperation over the next 5 years.
Local authorities in Pingtan, Fujian province recently opened a service window for Taiwan investors with the idea of offering them better and more convenient services