The PRC central government's institution of the Economic Special Zone to the West Coast of Taiwan Strait along southeastern China, in particular the Pingtan Comprehensive Pilot Zone, in the year of 2010 calls officially for building up a "Cross-Strait Common Homeland" together with Taiwanese entrepreneurs that would be characterized by "the Five Commons" ("Common Planning, Common Development, Common Organizing, Common Management, Common Profiting"). This paper examines the means by which both the central and local government manage to govern the residents of Pingtan, as well as the bio-political condition the local underclass are experiencing on a dailylife basis. It concludes with the argument that neoliberal market logic in the form of money-fetish value has become the overriding principle of moral economy, which renders local people increasingly powerless in the face of the authoritarian political regime.
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