Development Foundation
Xiamen is strategically developing into a regional financial center and a leading financial hub. The city is focused on enhancing its financial services ecosystem, expanding financial industry clusters, fostering long-term capital growth, and promoting FinTech innovation. Key priorities include developing technology finance, green finance, shipping finance, and supply chain finance. In 2024, the financial sector contributed RMB 67.14 billion (7.8% of GDP) and generated RMB 205.4 billion in revenue, with outstanding loans reaching RMB 1.92 trillion. Xiamen boasts a robust financial landscape, with a thriving private equity sector (exceeding RMB 540 billion), innovative green finance initiatives, and rapidly growing specialized financial services. The city’s diverse and stable financial ecosystem comprises 281 licensed financial institutions (banking, securities, and insurance), 19 incorporated financial institutions, 145 local financial organizations (microcredit, leasing, guarantees), 98 listed companies (domestic and international), and 323 registered private fund management institutions. Key players include Xiamen Jinyuan Investment Group, Xiamen Bank, Xiamen International Bank, Xiamen Rural Commercial Bank, Jinyuan President Securities, Great Wall Glory Securities, King Dragon Life, Fubon Property Insurance, Xiamen International Trust, and Xiamen Guarantee & Investment.
Development Priorities
Dedicated Industrial Parks