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Xiamen's "First Launch Economy" thrives

In 2024, the emerging "First Launch Economy" has gained significant attention. As Xiamen actively works to create an international consumption center city, major commercial districts have seen a surge of first-store openings, new international brand debuts, and trendy IP exhibitions. This has brought a fresh dynamic to Xiamen's commercial landscape and injected new vitality into the city's economy. In recent years, Xiamen has introduced several policies to support the development of the first-store economy. It has piloted funding rewards and support for introducing first stores of domestic and international renowned brands, optimized the business environment, and enhanced commercial infrastructure to create a favorable development atmosphere. As a result, more brands have chosen to expand into Xiamen. In December 2024, the list of 100 key first stores for 2023-2024 released, with Xiamen accounting for 71 of them, making up more than two-thirds of the list.

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