Chapter 7.47: Xiamen City


Overview

Xiamen is a port city on China's south- eastern coast in the Fujian province . It is only 120 nautical miles from Taiwan across the Taiwan Straits. It covers an area of 1,516 square kilometres, of which Xiamen Island is 127 square kilometres. It has a population of 1.29 million. Xiamen city is one of China's first four Special Economic Zones, and has been granted the right to manage its own economic affairs while offering preferential investment policies to foreign companies. Major economic indicators are shown in Table 7.47.1.

Table 7.47.1: Major economic indicators, Xiamen City

Description

2000

2001

Population (millions)

 

1.29

Gross domestic product (billion RMB)

19.68

55.64

GDP per capita (thousand RMB)

10.813

40.968

Disposable income per capita (thousand RMB)

   

       Urban residents

10.494

3.879

       Rural residents

11.365

4.322

Savings (billion RMB)*

46.216

64.237

Investment in fixed assets (billion RMB)

17.518

19.189

Value-added of primary industry (billion RMB)

2.061

2.251

Value-added of secondary industry (billion RMB)

26.233

29.696

Value-added of tertiary industry (billion RMB)

21.402

23.692

Total retail sales of consumer goods (billion RMB)

17.23

18.655




Doing Business with China
Doing Business with China
ISBN: 1905050089
EAN: 2147483647
Year: 2003
Pages: 648
Authors: Lord Brittan

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