A Study on Deepening Cooperation in the Service Industry between Fujian and Taiwan under the Free Trade Zone Strategy
Dan Wang
DOI: https://doi.org/10.59429/esta.v10i6.1691
Keywords: Fujian Free Trade Zone; Fujian-Taiwan service industry collaboration; Free Trade Zone policies; cross-strait collaboration barriers
Abstract
This paper conducts an analysis of the current state of cooperation in the service industry between Fujian Province and Taiwan, revealing challenges such as structural imbalances, limitations in investment attractiveness, and barriers to cross-strait collaboration. Fujian’s service industry exhibits an irrational structure and limited investment appeal, while Taiwan has established barriers to collaboration. To address these issues, the article proposes the cooperative advantages and policies of the Fujian Free Trade Zone in the service sector. It advocates for open service sectors, offering preferential policies to incentivize Taiwanese enterprise investments, aiming for mutual benefits. The Free Trade Zone adopts a “One Zone, Three Districts” model, focusing on Pingtan, Fuzhou, and Xiamen, aligning strategies with Taiwan’s Free Economic Pilot Zones to foster service industry collaboration. Simultaneously, the Free Trade Zone elevates service sector liberalization, strengthens collaboration with Taiwan’s service industry, propels innovative developments in services, and enhances the level of external collaborations. In the realm of deepened cooperation, recommendations include improving the service industry investment environment, optimizing industry structures, bolstering cross-strait connections, fostering the development of industrial chains, promoting tourism collaborations, and advancing social service industry development. Through in-depth analysis and proposed solutions, this paper offers valuable references and recommendations to further the collaboration in service industries between Fujian and Taiwan.
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