Xiamen's commercial system drives high-quality development
1 month ago

Xiamen's commercial system drives high-quality development

China Daily  

Xiamen's commercial system actively coordinates resources from both domestic and international markets, playing a crucial role in shaping a new development paradigm. Xiamen's total import and exports have increased to $134.87 billion, and total retail sales of consumer goods have reached 274.33 billion yuan, contributing to the economic and social development of the city. Opening up and stengthening cooperation Xiamen has been selected as a national pilot city for cross-border e-commerce, service trade, the integration of domestic and foreign trade, and enhancing the quality and efficiency of foreign trade. Unleashing potential of domestic market The 24th China International Fair for Investment and Trade is held in Xiamen, East China's Fujian province, from Sept 8 to 11.

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History of this topic

Japanese tech giant sets up operations in Xiamen
2 months, 1 week ago

Japanese tech giant sets up operations in Xiamen

China Daily  

A view of Xiamen. Japanese manufacturer RS Technologies Co Ltd recently signed an agreement to build its China investment headquarters in Xiamen, East China's Fujian province, with a planned registered capital of approximately $65 million, marking another significant foreign investment project landing in Xiamen. The establishment of the China investment headquarters in Xiamen has opened a new chapter of cooperation …

MNCs praise opening-up at Xiamen trade fair
4 months ago

MNCs praise opening-up at Xiamen trade fair

China Daily  

Visitors check out products during the 24th China International Fair for Investment and Trade in Xiamen, Fujian province. Jeffrey Perlman, CEO of US private equity firm Warburg Pincus, said China has become the world's second-largest economy with a proven long-term track record of consistent growth supported by domestic policy. "China's efforts to continuously expand its opening-up and optimize its business …

MNCs praise opening-up at Xiamen trade fair
4 months ago

MNCs praise opening-up at Xiamen trade fair

China Daily  

Visitors check out products during the 24th China International Fair for Investment and Trade in Xiamen, Fujian province. Jeffrey Perlman, CEO of US private equity firm Warburg Pincus, said China has become the world's second-largest economy with a proven long-term track record of consistent growth supported by domestic policy. "China's efforts to continuously expand its opening-up and optimize its business …

Xiamen prospers in 2023
9 months, 3 weeks ago

Xiamen prospers in 2023

China Daily  

The gross domestic product or GDP of the port city of Xiamen – located in East China's Fujian province – hit 806.65 billion yuan in 2023, up 3.1 percent year-on-year. Last year, Xiamen's retail sales grew 2.9 percent year-on-year, reaching 274.33 billion yuan. Xiamen's cross-border e-commerce imports and exports were worth 23.67 billion yuan, representing a significant 65 percent rise …

Xiamen makes progress in high-quality development
11 months, 1 week ago

Xiamen makes progress in high-quality development

China Daily  

An aerial view of Xiamen in East China's Fujian province. Industrial investment grew by 7.2 percent throughout the year, with a particularly notable increase of 9.2 percent in manufacturing investment, laying a solid foundation for future industrial development. There was also gradual improvement in enterprise profitability, with the decline in operating income and total profits of large-scale industrial enterprises in …

Investment Guide
1 year, 8 months ago

Investment Guide

China Daily  

Overview of Xiamen Xiamen, located on the west side of the Taiwan Straits, was one of the first four Special Economic Zones in China and helped pave the way for the country to open up. The government has formulated policies to create three trillion-yuan-level industrial chains dealing with panel display, computer and communication equipment, semiconductor and integrated circuit, software and …

Xiamen prospers in 2022
1 year, 11 months ago

Xiamen prospers in 2022

China Daily  

In 2022, Xiamen's gross domestic product reached 780.27 billion yuan, up 4.4 percent year-on-year, 1.4 percentage points higher than the nation's average. Last year, Xiamen's investment in fixed assets reached 297.11 billion yuan, up 10.2 percent year-on-year, and 5.2 and 2.7 percentage points higher than that of Fujian province and the nation, respectively. At the same time, retail sales grew …

Riding the waves of prosperity in decade of growth for Xiamen
2 years, 2 months ago

Riding the waves of prosperity in decade of growth for Xiamen

China Daily  

By LIANG KAIYAN | China Daily | Updated: 2022-10-20 LIU LUNAN/CHINA DAILY With constant efforts in overall socioeconomic development, Xiamen in East China's Fujian province has achieved tremendous results over the past 10 years. Official data showed that the city's GDP reached 703.39 billion yuan in 2021, with an average annual growth rate of 7.8 percent from 2012 to 2021. …

Xiamen's improved business environment attracts investors
2 years, 2 months ago

Xiamen's improved business environment attracts investors

China Daily  

chinadaily.com.cn | Updated: 2022-10-19 Thanks to the local government's continuous efforts to optimize its business environment over the past years, the coastal city of Xiamen in East China's Fujian province has witnessed a substantial growth in business registrations this year. According to official data released by the city's administration for market regulation, a total of 98,963 new market entities were …

Xiamen Port enjoys firm export growth
2 years, 7 months ago

Xiamen Port enjoys firm export growth

China Daily  

A bird's-eye view of Xiamen Port in Xiamen, Fujian province. From January to April, the port of Xiamen city in East China's Fujian province exported 16.73 million metric tons of goods and 1.49 million TEUs, or twenty-foot equivalent units of containers. According to Xiamen Customs, in the first four months this year, Xiamen's foreign trade to RCEP members reached 93.36 …

International approach delivers huge growth
3 years, 5 months ago

International approach delivers huge growth

China Daily  

By YUAN SHENGGAO | China Daily | Updated: 2021-08-02 Xiamen in Fujian province attracts investors and budding entrepreneurs for its business-friendly environment. Since it was launched six years ago, the Xiamen Area of China Pilot Free Trade Zone has delivered impressive results in improving its business environment, according to the area's administrative committee. The Fujian FTZ's Xiamen area has made …

Trade fair in Xiamen to sizzle online and offline
3 years, 5 months ago

Trade fair in Xiamen to sizzle online and offline

China Daily  

It will also assemble representatives of investment promotion facilities from nationwide. The fair will take stock of outbound direct investment by publishing a report on Chinese enterprises' country-wise overseas presence. For the first time, the CIFIT will host a conference of representatives from Chinese and foreign investment promotion agencies. Guo Ningning, vice-governor of Fujian province, said this year's offline-and-online CIFIT …

Xiamen a hotbed for investment
3 years, 8 months ago

Xiamen a hotbed for investment

China Daily  

A global investment promotion conference marking the 100th anniversary of the founding of Xiamen University was held in Xiamen, East China's Fujian province, on April 7. Since the program was initiated in September 2020, 511 projects led by XMU's alumni had signed up for the program by April 5, involving a combined investment of 164.72 billion yuan. "We have eyed …

Xiamen cross-border e-commerce sees success
3 years, 8 months ago

Xiamen cross-border e-commerce sees success

China Daily  

The coastal city of Xiamen in East China's Fujian province has been ramping up efforts to enhance its competitiveness in cross-border e-commerce. The coastal city of Xiamen in East China's Fujian province has been ramping up efforts to enhance its competitiveness in cross-border e-commerce, aiming for the green and sustainable development of its entire foreign trade chain, according to a …

Xiamen improves business environment to attract investment
3 years, 8 months ago

Xiamen improves business environment to attract investment

China Daily  

The coastal city of Xiamen in East China's Fujian province has been focusing on improving its business environment in recent years. Thanks to its improved business environment, more and more domestic enterprises are looking to invest in the coastal city of Xiamen, East China's Fujian province, local news reported on April 12. Tencent Cloud, the cloud computing arm of internet …

Foreigners encouraged to invest in more industries
4 years ago

Foreigners encouraged to invest in more industries

China Daily  

By HE WEI in Shanghai and OUYANG SHIJIA in Beijing| China Daily| Updated :2021-01-04 China is enlarging the scope of investment by foreigners with a revised catalog of industries in which such investment is encouraged, a fresh sign of opening-up and high-quality development resolve. The National Development and Reform Commission and the Ministry of Commerce on Monday released a revised …

Marine economy makes a splash as shipping and tourism set to grow
4 years, 1 month ago

Marine economy makes a splash as shipping and tourism set to grow

China Daily  

Xiamen has set out to be a pioneer city in ocean development by 2025 and a world-class center of the marine economy by 2035 to better support China's maritime power strategy and the Belt and Road Initiative, according to local officials. According to Xiamen's proposal for formulating the 14th Five-Year Development Plan of marine economy, the marine industry will contribute …

40 years of success as special economic zone
4 years, 2 months ago

40 years of success as special economic zone

China Daily  

By YUAN SHENGGAO | China Daily | Updated: 2020-10-26 From a seaside town to a prosperous metropolis, Xiamen in East China's Fujian province has seen tremendous development over the past 40 years as a special economic zone. It has built five cross-sea traffic networks, including Haicang Bridge, Asia's first steel box girder continuous floating suspension bridge with three spans; the …

Xiamen continues on strong path, despite virus outbreak
4 years, 4 months ago

Xiamen continues on strong path, despite virus outbreak

China Daily  

By Yuan Shenggao | China Daily | Updated: 2020-08-31 Coastal city in Fujian province has seen quick economic and social recovery Xiamen in Fujian province has maintained a fast-paced recovery of its economic and social development thanks to the city's key measures to prevent and control the COVID-19 epidemic over the past months. The resumption rate of projects under construction …

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