Economic strength
chinadaily.com.cn| Updated: May 16, 2019
1.Improved overall economic strength
The GDP has grown at an average annual rate of 15.4 percent since China's reform and opening-up four decades ago.
In 2018
| Per capita GDP: 118,015 yuan ($17,105)
| Per capita disposable income: 50,948 yuan
| Public financial budget revenue: 128.3 billion yuan
| 1,626 hi-tech enterprises, accounting for 44 percent of the total number of Fujian province
| 600.5 billion yuan of total foreign trade value; degree of dependence on foreign trade has reached 125 percent
The proportion of industries in 2018 GDP
Primary industry: 0.5 percent
Secondary industry: 41.3 percent
Tertiary industry: 58.2 percent
2. Foreign Investment
By the end of 2018
| Brought in a total of 14,818 foreign-invested projects
| Contractual foreign investments: $66 billion, actual foreign investments: $37.9 billion
| 62 overseas Fortune 500 companies invested in 112 projects in Xiamen
In 2018
| Contractual foreign investments: $46.6 billion, accounting for 45 percent of the province’s total volume
| Actual foreign investments: $10.7 billion, accounting for 35 percent of the province’s total volume
Major sources of foreign investments
| Hong Kong/Taiwan/Macao
| Singapore/US/Japan/Switzerland/Malaysia/Philippines/Germany/UK
3.Well-known foreign and Chinese enterprises in Xiamen
| Europe
ABB/Nestle/Shell/Linde/Swire/AB InBev/Maersk/Philips/Schneider/ECCO/GN Hearing/GN Audio/TOMRA
| Americas
Dell/Amazon/GE/Boeing/Honeywell/UTC
| Asia
Toyota/Panasonic/Hitachi/NEC/TDK/FDK/NEG/SK/ST Aerospace/IOI/
| Hong Kong, Macao, and Taiwan
China Merchants Group/China Resources Group/HKCTS/Hutchison Whampoa/Xiashun/Leadcore Technology Co/ AU Optronics/TPK/AOC
| Chinese mainland
Tianma Micro-electronics/Kaistar Lighting/CSIC/COSCO Shipping/MIGU/Tongfu Microelectronics/
Silan/ANTA/SEPTWOLVES/Xtep/China Capital Investment Group/JD.com/Shenzhen Huaqiang Holdings/UCAR/Luckin Coffee/toutiao.com/meituan.com/Qudian.com/DiDi