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Xiamen boosts foreign trade and investment for high-quality development

The Xiamen Municipal Bureau of Commerce has implemented numerous strategies to effectively attract foreign investment and foster the growth of foreign trade. In June, the Xiamen electronic information industry was chosen by the Ministry of Commerce and the Ministry of Finance as part of the second batch of foreign trade and economic cooperation to enhance quality and efficiency in demonstration work. After conducting a series of demonstration projects, Xiamen has established a special leading group to enhance the quality and efficiency of foreign trade and economic cooperation. Currently, Xiamen is actively engaged in the selection process for projects aimed at improving the quality and efficiency of foreign trade and economic cooperation in the electronic information industry. This year, Xiamen has introduced a new round of policies to encourage foreign investment, titled "Measures for Further Promoting the Increase, Stability, and Quality Improvement of Foreign Investment in Xiamen City". According to statistics, from January to May this year, Xiamen has seen the establishment of 587 new foreign-invested enterprises, with a year-on-year growth of 42.1%. In terms of the source of investment, from January to May this year, European investment in Xiamen has increased by 7.3 times compared to the same period last year, while investment from other RCEP member countries has grown by 23.5%. Additionally, countries and regions along the "Belt and Road" have experienced a growth of 50.8%.

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