Statistics indicate that from January to July, Xiamen in Fujian province posted stable economic growth.

During the January-to-July period, the city's foreign trade volume reached 524 billion yuan ($76.36 billion), an increase of 6.5 percent year-on-year. Its exports posted a strong growth of 13.5 percent, amounting to 268.27 billion yuan.

The added value of city's industries above designated size increased by 4.8 percent year-on-year, with 25 out of 35 industries recording growth.

The total industrial output value of the electronics industry and the machinery industry - two of the city's pillar industries - grew by 3.9 percent and 17 percent, respectively.

The city achieved a total of 163.08 billion yuan in the retail sales revenue of consumer goods, growing 1.3 percent. The city's enterprises above designated size saw a surge in online retail sales, which increased by 16.5 percent to reach 39.29 billion yuan.

From January to July, Xiamen's fixed asset investment reached 185.7 billion yuan, an increase of 10.1 percent year-on-year.

Of which, the city's secondary and tertiary industries achieved  a total investment of 34.89 billion yuan and 150.73 billion yuan, growing by 28.5 percent and 6.6 percent, respectively, and increased the city's investment growth by 4.6 and 5.6 percentage points.

The city's total general public budget revenue hit 111.68 billion yuan, an increase of 3 percent year-on-year, and the local general public budget revenue increased 6.4 percent to 69.02 billion yuan.

In the first seven months, Xiamen's consumer prices rose 1.5 percent year-on-year and the price of services rose 1.4 percent.

An aerial photo of Xiamen, Fujian province. [Photo provided to chinadaily.com.cn]