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Xiamen leads sub-provincial cities in terms of GDP growth rate

As shown by data, Xiamen accomplished a GRP of 339.985 billion yuan in the first half of the year, witnessing a growth of 15.0% and a two-year average growth of 7.6% which are higher than the national average and the provincial average by 2.3 and 1.4 percentage points respectively. The two-year average growth leads all sub-provincial cities. Xiamen is also in the first echelon in terms of the growth rate of 6 major indicators. Xiamen has seized the first position throughout the province for 4 consecutive months regarding the growth rate of fixed-asset investment in the first half of the year. Among those investments, the actually completed investments to 111 provincial key in-progress projects reached 45.25 billion yuan, which completed 70.9% of the annual investment plan; the total retail sales of consumer goods reached 141.54 billion yuan, increased by 28.1% and staying on the first position in the province for 5 consecutive months; the foreign trade aggregate keeps expanding and the total amount of import and export has reached 408.15 billion yuan, up by 32.2%. The continuous and speedy growth of foreign investment scale marks a highlight of Xiamen in its efforts of investment promotion. From January to June 2021, Xiamen's actual use of foreign capital reached 12.98 billion yuan, up by 24.9% on a YOY basis, with 41 newly-added enterprises each utilizing a foreign capital of over $10,000,000.

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