"After depositing these new Taiwan dollar(NTD) banknotes, I finally feel at ease." On the morning of Dec. 9, local citizen Huang Jishi sighed with relief after finishing his business in Pingtan, the closest place on the Chinese mainland to the island of Taiwan. 

On the same day, Huang opened the first corporate NTD account in Fujian province and deposited over NTD$870,000 in cash. 

The move is part of Pingtan's exploration in cross-Straits integration and innovation. As the mainland's only comprehensive pilot zone for Taiwan, Pingtan is proactively exploring and making innovations in financial services, and has launched a series of exclusive financial products for entrepreneurship and business operation for Taiwan compatriots.

Huang Jishi is the financial manager of Fujian Haixia High-Speed Roro Shipping Co., Ltd. The company’s cross-Straits ferry “Haixia” is the mainland’ s only mobile currency exchange. In addition, Pingtan’s Ao’qian Terminal accepts Taiwan currency for tickets purchase.

However, there was no NTD account in the bank. They are faced with numerous risks such as the cash safety and exchange rate fluctuations. The company provided feedback to the local branch of the People’s Bank of China, the banking regulator. 

After understanding the needs of the enterprise, the People's Bank of China instructed the Pingtan branch of Industrial Bank to launch the province’s first corporate NTD account.

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