Page 152 - 2025 Special Report
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highly efficient, convenient, green and low-carbon   Plan ,  we  understand  the  city  will  fully  boost
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           logistics network and a modern shipping service    the development of “5+X” key sectors, foster the
           system with high-quality services and complete     next generation information technology industry
           functions;  and  (iii)  build  itself  into  an  important   as a backbone; focus on two emerging leading
           international container hub port in the Asia-Pacific   industries, which are the biomedicine and health
           region  focusing on  the  west coast  of  the  Taiwan   industry  and  the  new  material  and  new  energy
           Strait,  which  serves  Taiwan,  Chinese  mainland   industry; strengthen two characteristic landmark
           and the rest of the world and having the ability to   industries, which are the digital innovation and
           allocate global shipping resources.                marine high-tech industry. The goal of Xiamen
                                                              before 2025 is to achieve value-added of strategic
             •    The Haicang Port Area of the Southeast      emerging industries to RMB250 billion, accounting
           International  Shipping  Center  covers  24.4km .   for 25% of GDP. The value-added of high-tech
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           It is designed to develop emerging industries      industries is expected to account for 45% of that
           and high-end service industries, such as high-     of all industries.
           tech   scientific   research   and   development,
           information    consumption,      airport-vicinity    Pingtan area of the China (Fujian) Pilot Free
           industries,  international  trade  services,  financial   Trade Zone
           services, professional services and cruise economy
           industries. It aims to build a regional international   The Pingtan area of the China (Fujian) Pilot
           trade center that focuses on Chinese mainland and   Free Trade Zone covers 43km  and is divided into
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           is open to the Asia Pacific region.                three blocks: (i) the Port Economic and Trade Zone
                                                              (16km ); (ii) the High-tech Industrial Zone (15km );
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             The  GDP  of  Xiamen  saw  3.1%  YoY  increase  in   and (iii) the Tourism and Business Zone (12km ).
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           2023, reaching RMB806.7 billion. The consumer      The Pingtan Area focuses on constructing a cross-
           market is  gradually recovering, with total  retail   strait common home and international tourist
           sales of consumer goods hitting RMB274.3 billion.   island  and  providing  facilities  for  the  free  and
           As a key city under the new development paradigm,   convenient exchange of investment, trade, capital
           Xiamen’s  total  import  and  export  value  rose  to   and personnel. Functional positioning:
           RMB947 billion in 2023, with a 2.7% YoY increase,
           outpacing national and provincial growth rates.      •    The Port Economic and Trade Zone
           The actual use of foreign investment was US$1.9    was set up to:  (i)  accelerate the construction
           billion, accounting for 45.8% of the provincial total   of  industrial  functional  platforms  such  as port
           and an increase of 1.5 percentage points from the   logistics, business service and electronic industry
           previous year .                                    clusters; and (ii) focus on the development of
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                                                              international  trade,  modern  logistics,  business
             In October 2021, the Development and Reform      services,  electronic  information  equipment
           Commission of Xiamen issued the Guidance           manufacturing, etc.
           for the Industrial  Spatial  Distribution  in Xiamen
           (2021  Edition)   to  facilitate  the  construction   •   The High-tech Industrial Zone was set up
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           of key industrial chains. The industrial spatial   to: (i) explore cross-strait cooperation in building
           distribution  in  Xiamen  is  classified  into  two   high-tech  industrial  bases  by  accelerating  the
           parts  namely  advanced  manufacturing  and        construction  of  industrial  functional  platforms
           modern service, covering nine leading industries   such as R&D headquarters, marine industry and
           and two comprehensive parks, encompassing          high-end light manufacturing clusters; (ii) give
           60  functional  areas  with  a  total  land  scale  of   full play to policy advantages regarding place
           309.8km . In the government’s 14th Five-Year       of origin; and (iii) focus on the development of
                   2
                                                              marine life, medical devices, packaging materials
           58  Government site of Xiamen, http://tjj.xm.gov.cn/zfxxgk/  and  light  equipment  manufacturing  and  other
           zfxxgkml/tjsjzl/ndgb/202403/t20240320_2829912.htm
           59  Xiamen development and reform commission,      high-tech industries.
           http://dpc.xm.gov.cn/xxgk/xxgkml/qtyzdgkxx/202110/  60  Government of Xiamen, http://www.xm.gov.cn/
           t20211015_2591408.htm                              zwgk/flfg/sfbwj/202110/t20211022_2593423.htm


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