Senior officials of the Pingtan Comprehensive Pilot Zone (PCPZ) visited Hong Kong from Aug 19 to 22 for a series of promotional events of the island in order to attract more investments from around the globe.

Pingtan is the closest place on the Chinese mainland to Taiwan Island, and is also the largest area under customs supervision and management, boasting many preferential policies and enormous market potential, said Li Dejin, director of PCPZ’s administrative committee, at an Aug 20 investment briefing.

As the development and exploitation go deeper, Pingtan has had better infrastructure conditions and a much-improved investment environment to land major industries and projects. It welcomes entrepreneurs from all over the world to pay a visit and enter cooperation deals, he added.

More than 100 guests from a variety of commercial organizations participated in the business briefing.

Hong Kong is situated in the heart of Asia, with the Chinese mainland being its hinterland. It has become a bulk cargo hub in Asia owing to free transactions of professionals as well as capital. Therefore Pingtan and Hong Kong can collaborate and complement each other, said Luo Huanzhao, a representative of the Hong Kong Trade Development Council, at an opening speech.

It is of great significance for China to choose Pingtan to spearhead economic reforms and cultivate a cross-Straits market. The promotional event will help more Hong Kong investors to know about Pingtan and boost economic cooperation, said Wu Lianghao, president of the Alliance of Fujian Associations in Hong Kong.

Yu Min, president of the Confederation of Kwun Tong Industries, noted that Pingtan has jumped to the next level in terms of economic development, after it became the largest area under customs supervision in China. He also declared that the confederation will actively connect Pingtan and Hong Kong’s enterprises as well as overseas Chinese merchants