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Overview of Xiamen
Xiamen is one of the most competitive cities in China and one of the first Special Economic Zones on the mainland. In 2010, Xiamen SEZ was expanded to cover the whole municipality. Now it has already become a modern and international port city featuring beautiful scenery.
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Economic Structure
Xiamen's GDP in 2017 totaled $435.1 billion yuan ($69.2 billion), representing an increase of 7.6 percent.
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Famous Brands
Xiamen is home to many famous national and international brand names such as Xoceco (Prima), Amoi, XGMA, King Long, Topstar, Cheng Shin, Yinlu, Huierkang, Gulong, Yinxiang, Wish and New Wish.
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Xiamen' actual use of foreign capital up 22% in Q1
The actual use of foreign capital in Xiamen, East China's Fujian province surged 22 percent year-on-year to 4.59 billion yuan ($684.16 million) in the first quarter of this year, statistics from the Xiamen Municipal Bureau of Commerce show.
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Fortune 500 Companies Investing in Xiamen
There are 51 Fortune 500 Companies which settle and make investment in Xiamen city as of the end of 2016.
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Xiamen to launch more intl sea-rail routes in 2019
Xiamen plans to expand its international sea-rail combined transportation based on the booming China (Xiamen)-Europe trains, local media reported on Feb 21.
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Trade with Taiwan
In 2017, Xiamen's trade with Taiwan rose by 8.4 percent to 38.793 billion yuan ($6.168). Of that volume, Xiamen imported 29.323 billion yuan from Taiwan, an increase of 9.9 percent over the previous year.
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Domestic Commerce
The total retail sales of consumer goods in Xiamen amounted to 144.674 billion yuan ($23 billion) in 2017, growing by 12.7 percent compared to 2016.
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