According to the latest news from Fujian provincial authorities, Pingtan Island will be transformed into a special economic zone in order to promote industrial cooperation with Taiwan.
Pingtan Island is the fifth largest island in China, it's 28 km from Fuzhou, the capitcal of Fujian province, and 120 km from Taiwan.
Because of its unique and strategic location, the government is going to build a special economic zone to enhance cross-straits industrial cooperation.
Fujian has strong culture and business ties with Taiwan, more than 80 percent of Taiwanese can trace their ancestral roots to Fujian. Now, there are more than 100,000 Taiwan businessmen and women live permanently in Fujian.
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