Foreign Trade
The total value of Xiamen’s imports and exports in 2022 was 922.559 billion yuan, an increase of 4.0% over the previous year. Of which the total value of exports increased by 8.2% to 465.739 billion yuan and the value of imports increased by 0.1% to 456.82 billion yuan.
The private enterprises had imported and exported 371.426 billion yuan worth of value, up by 13.9% from the previous year. Of which exports rose 14.0% year on year to 243.051 billion yuan and imports increased 13.8% to 128.375 billion yuan. The imports and exports volume of foreign-funded enterprises reached 225.496 billion yuan, dropping by 11.8% over the previous year, among which exports decreased by 3.2% to 148.289 billion yuan and imports down by 24.6% to 77.207 billion yuan.
The total value of imports and exports in general trade was 674.465 billion yuan, up by 4.5%, among which the value of the exports was 299.186 billion yuan, up by 9.7%; and that of imports was 375.279 billion yuan, up by 0.7% year on year.
The year has seen Xiamen’s trade with Taiwan decreased by 9.6% to 45.452 billion yuan. Of which exports to Taiwan amounted to 19.384 billion yuan, up by 31.8%; imports from Taiwan fell to 26.068 billion yuan, decelerating by 26.8%.
Utilized Foreign Capitals
1,141 foreign investment projects with contracted foreign capitals of $6.58 billion and actually utilized foreign capitals of $2.212 billion had been approved for the whole year.
77 projects with investment capital exceeding US $10 million were established in the year of 2022, altogether absorbing US $6.494 billion of contracted foreign investment, same as the previous year. Of these projects, 49 were newly-approved ones with contracted foreign investment of US $5.538 billion and 28 were capital increment ones with US $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 US $4.174 billion and utilized foreign capitals of US $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%. The foreign labor service had seen a 88.5% decline of accomplished contract value to US$5 million and a 39.5% decrease of turnover to US$42.25 million. 10,147 employees of all types had been dispatched for labor services with a year-on-year decline of 22.6%. 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.
