[1] The harbor is wide and rarely foggy or frozen and less silted, so cargo ships can enter and leave at essentially any time.
Since the Ming and Qing dynasties, Xiamen has been one of the important ports for foreign transportation and trade in China.
Xiamen Special Economic Zone has a resident population of about 5.1 million, according to the 2020 census.
[3] The share of the mobile population employed in the five major industries such as manufacturing, wholesale and retail, accommodation and catering, construction and social services is about 90%.
[9] In 1988, the State Council approved the establishment of Xiamen as a planned city, giving it economic management authority equivalent to that of a province.
Xiamen's gross national product increased by 4.9 times over the 10 years since it opened in 1980 to 5.016 billion RMB.
[9] In November 1992, the State Council approved the establishment of Xiangyu Free Trade Zone in Xiamen.
[9] In March 1994, the Second Session of the Eighth National People's Congress granted Xiamen the power to make laws and regulations within the scope of the Special Economic Zone.
On March 8, 2011, the State Council officially approved the "Economic Zone Development Plan for the West Coast of the Taiwan Strait".
[9] This Plan clearly states that Xiamen should be supported to establish a regional financial service center across the Taiwan Strait, expand pilot financial reforms, and take the lead in experimenting with Taiwan's offshore finance and fund clearing.
The preferential policies are set to execute the country wide 5 year development plan.
With each Special economic zones and its own set of preferential policies, Xiamen’s most recent incentive plan April 13, 2018 encapsulates:[14] Opening Wider to Foreign Investments Attract and retain Foreign Talents Optimizing Business Environment Xiamen Airlines was founded in 1984 as a joint private public venture.