Xiamen private enterprises increase export business
The exports of private enterprises in Xiamen, Fujian province, rebounded in the second half of 2014, after months of negative growth.
The export volume of Xiamen’s private enterprises in November scored $2.16 billion, with a year-on-year increase of 17.6 percent. The total volume in the first eleven months of 2014 reached $23.65 billion, which is the same as last year and ends the period of negative growth for the first time in 2014. The growth rate is 4.2 percentage points higher than the first three quarters and 8 percentage points higher than the first half year.
Why Xiamen
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Xiamen is one of the most economically competitive cities in China and was one of the first Special Economic Zones on the Chinese mainland. As a vice-provincial city independently listed on the State development plan, it has provincial-level authority in economic administration and local legislative power. In 2010, the Xiamen SEZ was expanded to cover the entire municipality. Today, Xiamen is a modern and international port city.