The State Council officially approved the establishment of the Fuzhou New Area on August 30, 2015.
The area covers a planned area of 800 square kilometer, including the whole of Mawei district, Cangshan district, Changle which is a county-level city, and parts of Fuqing, another county-level city.
The area enjoys favorable geographic conditions and beautiful surroundings, in addition to a solid industrial foundation. It is also strategically vital as it has intimate cooperation and exchanges with Taiwan.
It was designated a demonstration base for mass entrepreneurship and innovation in May 2016.
By 2016, the area had developed high-tech industrial clusters led by electronic information, optical electromechanical, bioengineering and new materials. It is home to 436 projects, which will be worth thousands of billions upon completion.
The establishment of the area aims to deepen cooperation and exchange between Taiwan and Fujian provinces, and promote eco-civilization and eco-social development in Fujian.
The Fuzhou New Area is expected to become an area for deepening cross-Straits exchange, a door for further opening up, and a base of modern industries in southeast China as well as a pilot zone for reform and innovation.
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