Xiamen Municipal People’s Government

In 2023, the value added by the industrial enterprises above designated size flat with the figure over the previous year. Group by economic types, the added value of state-owned holding enterprises increased by 22.5% over the previous year, that of joint-stock enterprises rose by 5.3%; that of foreign-funded and Hong Kong, Macao and Taiwan-funded enterprises decreased by 6.4%, of which the Taiwan-funded ones fell 4.8% and the private ones went down 5.2%. In terms of industrial types, the value-added output for the light industry sector fell 10.5% from one year earlier while that of the heavy industry sector climbed 6.2%. The ratio of added value between light and heavy industry was 1:1.98. The product sales rate was 96.74%, 1.54 percentage higher over the previous year.

Xiamen had seen 12 of its 35 sectors achieve a positive growth of added value in terms of industrial enterprises above designated size. The manufacture of computers, communication and other electronic equipment made the most contributions to the total amount, with a decrease of 6.9%; The manufacture of electrical machinery and apparatus, the smelting and pressing of ferrous metals industry came in second and third respectively, each experiencing an increase of 20.2% and 130%.  All of the above contributed to 47.7% of the total value. The added value of enterprises above designated size in railways, ships, aerospace and other transportation equipment manufacturing increased by 26.0% and that of metal products, machinery and equipment repairing increased by 36.8%. The added value of high-tech industries had a decrease of 8.6%, accounting for 40.2% of the total.

Throughout the whole year, Xiamen had 3,029 industrial enterprises above designated size, among which 936 companies, with an annual output value exceeding 100 million yuan, dominated 87.7% of the whole city’s above-scale industrial output. 1,531 enterprises (50.5% of the total) from the two pillar sectors of electronics and mechanics contributed 61.8% of the output value of above-scale enterprises, of which 33.3% was for electronics and 28.5% for mechanics.

The city's industrial enterprises above designated size achieved a profit of 45.264 billion yuan, down 17.1% over the previous year. The cost per 100 yuan of operating income of industrial enterprises above designated size was 82.83 yuan, an increase of 0.15 yuan over the previous year; the profit margin of operating income was 5.8%, a decrease of 1.06 percentage points. By the end of the year, the asset-liability ratio of industrial enterprises above designated size was 47.5%, down 0.2 percentage points from the end of the previous year.

The main products made by the industrial enterprises above designated size were as follows: integrated circuit, with output soaring 7.8% year on year to 48.0755 million pieces; lithium-ion batteries, up 3.1 times year on year to 113 million units; civil steel ships, up 1.7 times to 211.5 thousand DWT (see table for details).  

 

 

In the year 2023, the added value of the construction industry was 73.818 billion yuan, an decrease of 6.9% over the previous year. The city's qualified construction enterprises had completed a total output value of 368.321 billion yuan, an increase of 5.9%, of which the output value of construction projects was 336.738 billion yuan, an increase of 6.2%; the output value of installation projects was 23.272 billion yuan, an increase of 13.9%; and the new contract value from construction enterprises in that year was 321.046 billion yuan, a growth of 4.9%.