Chinese investors spent $2.95 billion from January to May, according to signed contracts in 163 overseas investment projects newly registered in Xiamen.
Data shows that Hong Kong received a total of $1.9 billion investment from Xiamen, accounting for 62.7 percent of total outbound investment from Xiamen during the period.
25 percent of outbound investment from Xiamen went to nations and regions along the 21st Century Maritime Silk Road, with the investment volume growing 459 percent from last year to reach $744 million.
Merger and acquisitions were the most popular means of investing in overseas markets among Xiamen investors during the period.
A total of $1.4 billion of investment from Xiamen was made in the form of merger and acquisitions, up 184 percent from the same period last year.
China announced and implemented on May 15 a policy allowing visa-free entry of foreign tourist groups aboard cruise ships via all cruise ship ports along the country's coastline.
China and Georgia are set to waive visa requirements for travelers starting May 28.
