Xiamen’s retail sales rise
Xiamen’s consumer goods retail sales rose in January and February to 16.07 billion yuan ($2.59 billion), a 13 percent growth on 2014 and 2 percent higher than 2014’s growth rate.
Online retail sales increased to 1.38 billion yuan over the two months, a 182 percent increase over 2014 and accounting for 8.6 percent of the total number of consumer goods sales.
By Peng Juan from China Daily Fujian Bureau
Why Xiamen
-
Xiamen is one of the most economically competitive cities in China and was one of the first Special Economic Zones on the Chinese mainland. As a vice-provincial city independently listed on the State development plan, it has provincial-level authority in economic administration and local legislative power. In 2010, the Xiamen SEZ was expanded to cover the entire municipality. Today, Xiamen is a modern and international port city.