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Xiamen demographic analysis and economy overview
Total population of Xiamen has grown significantly
by 30.8% from 1.3 million in 2001 to 1.7 million in
2007. In 2006, the birth rate was 10.8 % and death
rate was 4.10%. Natural growth ratio of population
was 6.7%, up 0.7% from the previous year.
Below is the chart of Xiamen total population and trends from year 2001 - 2011:
Nominal GDP of Xiamen has climbed by 2.5 times from
55.8 RMB billion in 2001 to 138.8 RMB billion in
2007. Xiamen’s main industries include: electronics,
machinery, textile, foodstuff, chemical,
pharmaceuticals and real estate development
industries. In 2007, the economic contribution ratio
of primary industries to the GDP is 1.3 %; secondary
industries 53.5%, while tertiary industries
contribute 45.2% to the total GDP. Foreign trade has
been an important aspect in which the city relies on
for economic growth. It is also noted that Xiamen
has become one of the key places for overseas
investments, a vital trading port with Taiwan and an
important passageway for Taiwanese visiting mainland
China.
Below is the chart of nominal GDP and trends of Xiamen city from year 2001 - 2011:
Being of the five
Special Economic Zones, standard of living of Xiamen’s population has
improved tremendously. Nominal GDP per capita of Xiamen has doubled from 41,
555 RMB in 2001 to 82, 986 RMB billion in 2007. The disposable income of
urban residents in Xiamen was 21, 503 RMB in 2007 relative to 450 RMB in
1980, up 47.8 times, while disposable income of rural residents was raised
from 210 RMB in 1980 to 7, 637 RMB in 2007, representing a 36.4 times
increase over the years.
Below is the chart of Xiamen nominal GDP per capita and trends from year 2001 - 2011:
Over the years,
the spectacular economic achievements from the establishment of Special
Economic Zone have been witnessed. Furthermore, Xiamen has transformed into
a modern international port city. The rapid advancement and transformation
have lead to government finance revenue of Xiamen surging by 2.7 times from
7 RMB billion in 2001 to 19 RMB billion in 2007.
Below is the chart of Xiamen government finance revenue and trends from year 2001 - 2011:
Total investments
in fixed assets has soared from 18 RMB billion in 2001 to 93 RMB billion
in2007, representing a fivefold increase over a period of six years. One
major sources of investment stems from Taiwan. More than 2, 700
Taiwan-invested projects in Xiamen are involved in industrial production,
currently, forming the pillars of Xiamen's economic development. Moreover,
increasing number of Taiwanese investors focuses heavily on tourism, real
estate, infrastructure construction and services for the further development
of Xiamen’s economy. Growth in investments in fixed assets for the next
period would be highly probable. By the end of 2007, 42 of the Fortune 500
companies have invested in 72 projects in Xiamen, with a total investment of
USD 2.4 billion.
Below is the chart of Xiamen total investments in fixed assets and trends from year 2001 - 2011:
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