The Information Office of Xiamen Municipal People's Government held a press conference on investment promotion of Xiamen on the morning of September 7. Persons in charge of the Municipal Bureau of Commerce, the Municipal Development and Reform Commission, the Municipal Bureau of Science and Technology, the Municipal Bureau of Industry and Information Technology, and the Municipal Financial Regulatory Bureau were invited to introduce the investment promotion work of Xiamen and answer questions raised by reporters. Xiamen has yielded fruitful results in investment promotion over the past year since the investment promotion conference held in April last year. From the investment promotion conference last year to the end of August this year, a total of 8,446 investment projects have been generated in the city, with a total planned investment of RMB 2.78 trillion, including 4,546 new projects with investment totaling RMB 901.1 billion. From January to August this year, there were 722 new high-capacity projects, with a total investment of RMB 759.1 billion; the paid-in foreign investment reached RMB 12.13 billion, up 36.3% year on year; driven by the innovative investment promotion model, there were 294 investment projects signed on cloud, with investment totaling RMB 207.8 billion; more than 200 policies were issued for benefiting enterprises and stabilizing jobs, thus reducing the burden on enterprises by more than RMB 20 billion. Fruitful achievements cannot be achieved without efforts in policy support, precise investment promotion, factor protection and business environment construction. In the next step, Xiamen will take better advantage of its role as a strategic fulcrum city of the 21st century Maritime Silk Road, and actively build a new development pattern in which domestic and foreign markets can boost each other. It will also speed up the implementation of trillion-yuan industrial clusters, so as to continuously provide new driving forces to achieve high-quality development. Xiamen is now winning increasing affirmation from investors and enterprises for its first-class law-based, convenient and international business environment.
