Foreign Trade 

The total value of Xiamen’s imports and exports in 2022 was 922.56 billion yuan, an increase of 4 percent over the previous year. Of which the total value of exports increased by 8.2 percent to 465.74 billion yuan and the value of imports increased by 0.1 percent to 456.82 billion yuan.

The private enterprises had imported and exported 371.43 billion yuan worth of value, up by 13.9 percent from the previous year. Of which exports rose 14 percent year on year to 243.05 billion yuan and imports increased 13.8 percent to 128.38 billion yuan. The imports and exports volume of foreign-funded enterprises reached 225.5 billion yuan, dropping by 11.8 percent over the previous year, among which exports decreased by 3.2 percent to 148.29 billion yuan and imports down by 24.6 percent to 77.21 billion yuan. 

The total value of imports and exports in general trade was 674.47 billion yuan, up by 4.5 percent, among which the value of the exports was 299.19 billion yuan, up by 9.7 percent; and that of imports was 375.279 billion yuan, up by 0.7 percent year on year. 

The year has seen Xiamen’s trade with Taiwan decreased by 9.6 percent to 45.45 billion yuan. Of which exports to Taiwan amounted to 19.384 billion yuan, up by 31.8 percent; imports from Taiwan fell to 26.07 billion yuan, decelerating by 26.8 percent.

Utilized Foreign Capitals    

1,141 foreign investment projects with contracted foreign capitals of $6.58 billion and actually utilized foreign capitals of $2.21 billion had been approved for the whole year. 77 projects with investment capital exceeding $10 million were established in the year of 2022, altogether absorbing US $6.49 billion of contracted foreign investment, same as the previous year. Of these projects, 49 were newly-approved ones with contracted foreign investment of $5.54 billion and 28 were capital increment ones with $957 million. As for the end of year, 64 companies from global Fortune 500 had invested 115 projects in Xiamen, involving contracted foreign capitals of $4.17 billion and utilized foreign capitals of $3.65 billion.

In the year 2022, Xiamen had attracted 130 foreign-oriented agreement investment projects with investment capital from the China side reaching US$1.511 billion, increase by 2.3 percent. The foreign labor service had seen a 88.5 percent decline of accomplished contract value to $5 million and a 39.5 percent decrease of turnover to $42.25 million. 10,147 employees of all types had been dispatched for labor services with a year-on-year decline of 22.6 percent. By the end of the year, the number of outsourced workers had dropped to 10,403, a decrease of 587 as compared with last year.

From: www.xm.gov.cn/english/