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Quanzhou is China's well-known hometown
for overseas Chinese and also a famous historical and cultural city in China and the starting point of ancient "Marine Silk Route", with good traditions of foreign trade and friendly exchange all through the ages. As early as Tang Dynasty, Quanzhou had become one of the four biggest ports for China's foreign trade. During Soong and Yuan Dynasties. the Zaytun Port was specially well-known home and abroad and appraised to be "the first big trade port in the East". Up to present. Quanzhou still keeps many precious cultural relics witnessing Chinese and foreign economic and cultural exchanges.
Quanzhou is situated on the banks of East Sea and is only separated from Taiwan by one water route. It is the main ancestors' residence for our compa- triots of Han nationality in Taiwan, and is also the component part of south Fulian economic develop- ment district with excellent geographical location. good climate condition and abundant produce. There are tens of kinds of mineral resources in Quanzhou such as coal. iron, tungsten, china clay, lime stone. granite. silica sand. etc. Along more than 400 kilometres of coastal line, there are 30 big and small ports including Xiaocuo Port. Quanzhou Port. Chongwu Port. etc. Since the adoption of opening and reform policy, diligent and wise Quanzhou people with their creative spirit to develop the predominance in the aspects of overseas Chinese, Taiwan compatr- lots, culture, mountain, sea, subtropical climate, have brought for themselves remarkable results in the introduction of foreign capital, technology, equipment and experience of management, etc. These have made the steps faster in the building of modernization and promoted the development of commodity economy and been focussed attention home and abroad. People from abroad continuously come to Quanzhou for investment and business talk. Up to the end of 1986. Quanzhou had finalized 167 projects of joint venture and cooperation. 107 Chinese-foreign joint ventures and cooperative enterprises have started their production. 17 of them have been ranked to be the first lots of enterprise enjoying the preferential treatment as promulgated by the State Council. The processing using import materials has fast developed. The substantial colections of labor costhavebeen up to more than 40 million US dollars.
Quanzhou has a very wide prospect for the deve- lopment of international techno-economic cooperation. In the recent years, we spared no efforts in streng- thening basic facilities and the improvement of in- vestment environment. We have convenient communi- cations by sea or by land, program controlled tele- phone for direct communication with U.S.A.. Japan. Hong Kong. etc. We have more than 1.500 enter- prises and more than 25.000 small town enterprises including food, clothing, textile, electronics, machinery, plastics. chemical industry. ceremics and building materials.
We are going to carry out friendly cooperation with countries all over the world in the areas of industry. agriculture. trade.banking, basic facilities, exploitation of resources and tourism, etc. We shall act according to the principle of "equality and mutual benefit and sincere cooperation". For businessmen coming to invest in Quanzhou, in addition to the enjoyment of various preferential policy specified by the State Council and Fujian Provincial Government, we are going to proceed from actual conditions to provide them more preference and to protect their legal rights and interests.
"Guide to foreign Investment in Quanzhou' will introduce to friends a background survey of Quanzhou in the aim of promoting mutual under- standing and cooperation. I would like take this opportunity. honorably in the name of mayor of Quanzhou municipality, warmly welcome friends from different countries. overseas Chinese, our compatriots in Hong Kong, Macao and Taiwan coming to visit Quanznou for economic and tech- nical cooperation, business talks. sightseeing and tour.
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