Pingtan to expand duty-free shopping to ROC products
The China Post news staff
June 18, 2014, 12:00 am TWN
The Taiwan Affairs Office of the State Council, People's Republic of China yesterday announced that the Pingtan Comprehensive Experimental Zone (PCEZ, 平潭綜合實驗區) will be the site of China's second venue for duty-free Taiwan-made goods.
Effective yesterday, visitors shopping at retail stores selling Taiwan-made goods in the zone will be excused from paying taxes for purchases under 6,000 yuan.
Located on Pingtan Island, in China's Fujian Province, the PCEZ spans across 14.4 hectares with over 160,000 square meters of prime retail space spread across 38 buildings featuring the historical architectural design of the region, housing more than 760 shops in four sections. In addition, the PCEZ is China's second venue that extends duty-free status to shops selling Taiwan-made goods, following a similar facility on Dadeng Island (大燈島), Xiamen that opened its doors on May 1, 1999.