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Taiwan Commodity Market opens in Pingtan

( chinadaily.com.cn )

Updated: 2014-06-19

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A market specializing in Taiwan-imported commodities in the Pingtan Comprehensive Pilot Zone opened on June 17.

The market is in Aoqian town, about 1 kilometer from a passenger marine terminal, and takes up about 160,000 square meters.

Taiwan Commodity Market opens in Pingtan

A customer selects tax-free products imported from Taiwan at a commodity market in Pingtan, June 17. [Photo/pingtan.gov.cn]

It is composed of 38 folk dwellings in the Minnan style, which are divided into a duty-free zone, a non-duty free zone and a support functional zone.

Only one duty-free shopping mall in the No.1 Building was opened on Monday. The rest will open in stages.

A favorable tax policy is in effect at the commodity market, which was granted tax exemptions by the Ministry of Finance on six categories of Taiwan goods: oil and grain products, farm products, textiles and garment, artware, light industrial products and medicine.

The daily cap for commodities per person is 6,000 yuan ($960). Purchasing records of individuals will be tracked, and if the sum exceeds the 6,000-threshold, both customers and merchants will be notified to pay the tax bills.

The market will be under customs management and supervision, and will become a commercial hub for Taiwan-imported goods as well as an ideal spot for shopping, tourism and business negotiation, according to Ma Donggen, deputy director of the Pingtan Economic Development Bureau.

Big crowds showed up on the first day and snapped up Taiwan commodities they have long been coveting.

Wu Yutai, a local resident, said he was satisfied with the superb service offered by Taiwan merchants at the market, which made his 20-minute wait worthwhile. And he wanted to buy Taiwan vegetables and fruits there.

Wu Jinhua, 67, said she had more confidence in the quality of Taiwan goods. She also suggested that different stores at the market can consolidate their gift cards for the convenience of customers.

The admiration was mutual.

Cai Zaizhen, a supplier of agricultural food store at the market, said he was surprised at the bustling scenes at the market, and would continue to provide his products for Pingtan.

Chen Junlin, a salesman at the store, was optimistic about the prospect of Taiwan’s healthcare products at the market, saying the store will round out its inventory in the future.

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