As the inauguration of Fujian Free Trade Zone (FTZ) is approaching, the Wanguo International Commodity Trading Center in the Fuzhou Bonded Port Area has recently launched a campaign to attract businesses, according to fznews.com.cn on Jan 29.

So far, e-businesses from 20 countries are confirmed to set up in the center, while over 100 cross-border e-commerce companies have showed intention to move in, according to Xu Huichun, an official from the management committee of the Fuzhou Bonded Port Area, who is responsible for attracting businesses to the Center.

"Not all e-businesses can settle in the center. There are some qualifications for the companies to be accepted," said Xu. The e-businesses that want to sell commodities in the center are required to have a registered capital of at least 5 million yuan ($800,000). As for the companies that do not sell commodities but only do online businesses, the registered capital requirement is 2 million yuan.

Fujian Entry-Exit Inspection and Quarantine Bureau will also set up labs in the Bonded Port Area to ensure safety and quality of the import commodities, Xu added.

The Wanguo International Commodity Trading Center is proceeding with interior decoration. [Photo/nhaidu.com]