Xiamen claims top spots on provincial enterprises selection list
A bird's-eye view of Xiamen. [Photo/WeChat account: Xiamen Daily]
The 2022 Fujian Top 100 Enterprises list was released in Putian, Fujian province on Dec 7. There were a total of 29 Xiamen enterprises listed, among which, Xiamen C&D Co, Xiamen ITG Holding Group and Xiamen Xiangyu Co took the top three spots on the list, respectively.
Three sub-lists, namely the 2022 Fujian Top 100 Manufacturing Enterprises list, the 2022 Fujian Top 100 Service Enterprises list, and the 2022 Fujian Top 100 Enterprises in Emerging Strategic Industries list were also released at the event.
There were 29 enterprises listed on the 2022 Fujian Top 100 Manufacturing Enterprises list. Among them, Dell (China), Chengtun Mining Group Co and Xiamen Tungsten Co, whose annual revenue reached 71.42 billion yuan ($10.28 billion), 45.24 billion yuan and 31.85 billion yuan, respectively, ranked 5th, 13th and 16th.
Xiamen enjoys a booming service business industry, which was highlighted on the list of the 2022 Fujian Top 100 Service Enterprises, with three out of 39 listed Xiamen enterprises taking the top three positions.
When it comes to the 2022 Fujian Top 100 Enterprises in Emerging Strategic Industries list, Tianma Microelectronics Co, TPK Advanced Solution Inc and TPK Touch Solutions (Xiamen) Inc whose annual revenue hit 16 billion yuan, 11.35 billion yuan and 8.71 billion yuan, respectively, ranked 5th, 9th and 12th and they were among the 32 Xiamen's enterprises making the list.
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.