Xiamen FTZ GDP tops 39B yuan in first half of year

Xiamen Free Trade Zone representatives announced last week that total gross domestic product in the zone exceeded 39 billion yuan in the first half of the year, up 21.6 percent year-on-year, for an average two-year growth rate of 12.5 percent.

Officials also announced the addition of 623 new investment projects in the first half of year, up more than 2.4 times over the same period last year. Total investment hit 86.1 billion yuan, up 110 percent year-on-year. Registered capital in the free trade zone topped 34.9 billion yuan, 5.4 times more than last year.

Taxpaying enterprises founded in the past two years accounted for more than a quarter of the zone’s total fiscal revenue in the first half of 2021.