With 127 headquarters enterprises (corporate groups), Xiamen has preliminarily shaped the development landscape and aggregation effect of headquarters economy. With a total of 1,057 commercial subjects contributing a total tax of 18.15 billion yuan in 2020, these enterprises accounted for 47.8% of total corporate profits of the entire Xiamen and created about 210,000 jobs. As an important engine to boost Xiamen's economic development, they actively facilitate the upgrade and optimization of the industrial structure. In terms of business scale, among 127 headquarters enterprises, 47 of them contribute an annual tax of more than 100 million yuan, accounting for 37%. In terms of geographical location, 45 of them are home-grown, accounting for 35.4%, while 82 were introduced from other regions, accounting for 64.6%. In terms of company size, 12 of them are Fortune Global 500 companies, accounting for 9.4%, while 23 are Fortune China 500, accounting for 18.1%.
