Pingtan to pioneer cross-Strait ‘common market’ during 15th Five-Year Plan period

The Pingtan Comprehensive Pilot Zone in Fujian province is positioned to spearhead groundbreaking economic integration between mainland China and Taiwan during China’s 15th Five-Year Plan period (2026-2030). Building upon substantial growth achieved in previous years, this strategic initiative aims to transform Pingtan into a central hub for cross-Strait commerce, standard alignment, and goods circulation.

According to official statements, the zone will implement unprecedented market access liberalization for Taiwanese capital across key sectors including trade, investment, and information services. Wen Xuelin, deputy secretary of the zone’s Party Working Committee, emphasized the commitment to “maximize the relaxation of access restrictions” to facilitate deeper economic cooperation.

The comprehensive plan includes expanding mutual recognition mechanisms for professional qualifications, enterprise credentials, and product certifications. This standardization effort particularly targets agricultural and construction industries, aiming to create parallel regulatory frameworks that ease business operations across the Strait.

Pingtan officials plan significant upgrades to the region’s small-commodity trading market, enabling broader variety of Taiwanese products to enter mainland markets through what they describe as “the most convenient and preferred channel” for Taiwan goods.

The initiative follows a period of remarkable trade growth during the 14th Five-Year Plan period (2021-2025), which saw cross-Strait trade increase at an average annual rate of 21.7%. Total trade volume surged from 9.1 billion yuan ($1.3 billion) in 2020 to approximately 15 billion yuan in 2025.

Huang Jianbo, director of the Pingtan Management Committee, noted the zone has already emerged as one of mainland China’s primary entry points for Taiwan’s agricultural and fishery products, with cross-border e-commerce volumes ranking among the nation’s highest.

Beyond commercial dimensions, Pingtan is developing comprehensive social integration mechanisms. The Cross-Strait Professional Qualification Integrated Service Center has issued nearly 6,000 certificates recognized across multiple provinces. Additional innovations include mutual recognition of Taiwan resident permits and travel documents, plus the establishment of mainland China’s exclusive cross-Strait arbitration center. These measures collectively aim to facilitate Taiwanese compatriots’ integration into local life and social governance structures.