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Brief Introduction To Xiamen China
Posted by: Tomlee (IP Logged)
Date: April 20, 2015 01:13AM
Xiamen, on the southeastern coast of China, to the west of Taiwan Strait, covers a total area of 1,569.3 square kilometers and has a registered household population of 1.42 million at the end of 2004 and a permanent population of about 2.19 million. Under the jurisdiction of the municipality are six districts Siming, Huli, Jimei, Haicang, Tong'an and Xiang'an.
Xiamen was one of the first four special economic zones (SEZ) in China. One of the few municipalities enjoying independent status in state economic planning, Xiamen enjoys provincial level autonomy and local legislative power in economic administration.

Despite its fame as an industrial powerhouse, this port city has not lost much of its charm, and as a sightseeing haven has become one of the best areas to visit in Fujian and for good reason: With good food, some great architecture and a mild climate, Xiamen is hard to beat. Dubbed "China's coziest city", Xiamen has a pleasant climate, picturesque views and clean and tidy environment. In 2002, Xiamen received the Gold Medal at the "International Nations in Bloom" competition in Stuttgart, Germany. Domestic awards have included "National Sanitary City", "National Garden City", "National Model City for Environmental Protection", “National Excellence in Tourism", "National Top 10 Most Livable Cities"and "National Habit Award". In 2004, Xiamen is world's only city to win the 2004 UN Habit Award.

Xiamen is one of the most competitive cities in China. According to the 2005 Competitiveness Report of Cities in China, Xiamen is regarded as one of Top 10 cities in terms of competitiveness in Mainland China, and it also ranks the top in comprehensive competitiveness of government service, legal system, system building, culture & education, infrastructure, market openness, etc.

Xiamen has a diverse and well-developed economy. Primary economic activities include fishing, shipbuilding, food processing, tanning, textiles, machine tool manufacturing, chemical industries, telecommunications and financial services. The city has economic and trade relations with 162 countries and regions worldwide, and benefits from foreign investment, particularly capital from Hong Kong, Macau and Taiwan.

In 2008, a total of 356 projects with foreign direct investment had been approved in the city, with a contractual foreign investment amount of US$1.896 billion and an actual foreign investment amount of US$2.042 billion.[19] In 1992, Xiamen was ranked among the top 10 Chinese cities in relation to comprehensive strengths with its GDP increasing by an average of over 20% annually. In 2008, Xiamen's GDP amounted to 156 billion Yuan, an increase of 11.1% over the previous year; and the per-capita GDP was 62,651 yuan (US$9,017). Further economic reforms were introduced, and this brought the total volume of imports and exports in 2008 to US$45.4 billion, while that of exports totalled US$29.4 billion. Xiamen has been a hot destination for foreign investment. By the end of 2004, 6523 foreign-invested projects have been approved with a total contractual value of USD21.8 billion of which USD14.0 billion has been paid up.

Xiamen is also the host of the China International Fair for Investment and Trade held annually in early September to attract foreign direct investment into the Chinese mainland.

Xiamen has excellent road, rail, air and port infrastructure. In the last few years, Xiamen has invested more than RMB30 billion in infrastructure construction. Xiamen has become one of the most important ports in China for international trade and cross-Straits trade.

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