The Economic Influence of Innovation Within the Xiamen Free Trade Zone on Adjacent Regions

Research Article
Open access

The Economic Influence of Innovation Within the Xiamen Free Trade Zone on Adjacent Regions

Yuxuan Liu 1*
  • 1 Faculty of Science and Technology, Beijing Normal-Hong Kong Baptist University, Zhuhai, China    
  • *corresponding author 2430018045@mail.uic.edu.cn
AEMPS Vol.188
ISSN (Print): 2754-1177
ISSN (Online): 2754-1169
ISBN (Print): 978-1-80590-175-4
ISBN (Online): 978-1-80590-176-1

Abstract

Since state council published the overall strategies of Fujian Free Trade Zone [FTZ] 2015, Xiamen FTZ has developed to the biggest trade zone in Fujian province and become the essential parts of the foreign trade. Given its significant role in the economic development of both Fujian and China, this paper focuses on the financial innovation mechanisms introduced within the zone, using a real enterprise case study. Additionally, the paper further exlores the surrounding regions influenced by the FTZ, including provincial city, administrative region and silk roads. The paper address case analysis and literature analysis these two research methods. It explores Xiamen FTZ’s financial innovation models and their impacts on both enterprises and regions separately, particularly in loans, insurance, and financial services, assessing their varying effects on enterprises. Furthermore, it highlights the positive influence of financial innovation in the Xiamen FTZ on surrounding areas and Belt and Road countries.

Keywords:

Xiamen Free Trade Zone, financial innovation, enterprises, regions, economic influence

Liu,Y. (2025). The Economic Influence of Innovation Within the Xiamen Free Trade Zone on Adjacent Regions. Advances in Economics, Management and Political Sciences,188,92-95.
Export citation

References

[1]. Peng, Zhan S. & Guo Y. (2015). New Exploration of Cooperation between Fujian FTA and Taiwan with Xiamen as Frontier. China Soft Science, (08), 72-88.

[2]. Huang J. & Zeng Y. (2021). Suggestions on Financial Cooperation and Innovative Development between Fujian and Taiwan in Xiamen Area of Fujian Free Trade Zone. Foreign Trade Practice, (08), 71-74.

[3]. Chen L. Xie M. & Yang S. (2015). Investigation Report on Innovation of Financing Services for Small and Micro Enterprises in Commercial Banks: A Case Study of the "Credit Factory" Model of a Bank in Fujian Province. Finance & Economy, (22), 125-126. doi:10.14057/j.cnki.cn43-1156/f.2015.22.050

[4]. Wu, C., & Zhao, J. (2018). Research on financial support for the development of Xiamen Free Trade Zone. Gansu Finance, (11), 39-41.

[5]. Chen, T. (2017). The Practice and Exploration of Financial Innovation in Fujian Xiamen Free Trade Zone. Journal of Fujian University of Business, (03), 19-24

[6]. Ye, L., & Xia, Y. (2021). Analysis of the implementation effects, problems and countermeasures of cross-border financial opening policies in Fujian Free Trade Zone. Development Research, (01), 74-78.

[7]. Luo, J., & Xu, Z. (2016). An analysis of Xiamen's headquarters economy development under the free trade zone background. Journal of Southwest University of communications (Social Sciences), 17(5), 123-128.


Cite this article

Liu,Y. (2025). The Economic Influence of Innovation Within the Xiamen Free Trade Zone on Adjacent Regions. Advances in Economics, Management and Political Sciences,188,92-95.

Data availability

The datasets used and/or analyzed during the current study will be available from the authors upon reasonable request.

Disclaimer/Publisher's Note

The statements, opinions and data contained in all publications are solely those of the individual author(s) and contributor(s) and not of EWA Publishing and/or the editor(s). EWA Publishing and/or the editor(s) disclaim responsibility for any injury to people or property resulting from any ideas, methods, instructions or products referred to in the content.

About volume

Volume title: Proceedings of the 3rd International Conference on Management Research and Economic Development

ISBN:978-1-80590-175-4(Print) / 978-1-80590-176-1(Online)
Editor:Lukáš Vartiak
Conference website: https://2025.icmred.org/
Conference date: 30 May 2025
Series: Advances in Economics, Management and Political Sciences
Volume number: Vol.188
ISSN:2754-1169(Print) / 2754-1177(Online)

© 2024 by the author(s). Licensee EWA Publishing, Oxford, UK. This article is an open access article distributed under the terms and conditions of the Creative Commons Attribution (CC BY) license. Authors who publish this series agree to the following terms:
1. Authors retain copyright and grant the series right of first publication with the work simultaneously licensed under a Creative Commons Attribution License that allows others to share the work with an acknowledgment of the work's authorship and initial publication in this series.
2. Authors are able to enter into separate, additional contractual arrangements for the non-exclusive distribution of the series's published version of the work (e.g., post it to an institutional repository or publish it in a book), with an acknowledgment of its initial publication in this series.
3. Authors are permitted and encouraged to post their work online (e.g., in institutional repositories or on their website) prior to and during the submission process, as it can lead to productive exchanges, as well as earlier and greater citation of published work (See Open access policy for details).

References

[1]. Peng, Zhan S. & Guo Y. (2015). New Exploration of Cooperation between Fujian FTA and Taiwan with Xiamen as Frontier. China Soft Science, (08), 72-88.

[2]. Huang J. & Zeng Y. (2021). Suggestions on Financial Cooperation and Innovative Development between Fujian and Taiwan in Xiamen Area of Fujian Free Trade Zone. Foreign Trade Practice, (08), 71-74.

[3]. Chen L. Xie M. & Yang S. (2015). Investigation Report on Innovation of Financing Services for Small and Micro Enterprises in Commercial Banks: A Case Study of the "Credit Factory" Model of a Bank in Fujian Province. Finance & Economy, (22), 125-126. doi:10.14057/j.cnki.cn43-1156/f.2015.22.050

[4]. Wu, C., & Zhao, J. (2018). Research on financial support for the development of Xiamen Free Trade Zone. Gansu Finance, (11), 39-41.

[5]. Chen, T. (2017). The Practice and Exploration of Financial Innovation in Fujian Xiamen Free Trade Zone. Journal of Fujian University of Business, (03), 19-24

[6]. Ye, L., & Xia, Y. (2021). Analysis of the implementation effects, problems and countermeasures of cross-border financial opening policies in Fujian Free Trade Zone. Development Research, (01), 74-78.

[7]. Luo, J., & Xu, Z. (2016). An analysis of Xiamen's headquarters economy development under the free trade zone background. Journal of Southwest University of communications (Social Sciences), 17(5), 123-128.