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By Shun-long CHEN

THE CHANGING STRUCTURE OF XIAMEN ECONOMY:CHALLENGES & OPPORTUNITIES. By Shun-long CHEN. Bohai Sea Economic Zone. Yangtz River Delta. Pear River Delta. Would this be the 4th pole?. Map of Xiamen. New campus of Xiamen Uni. Land area: 1699 k㎡ Population: 3.81 million

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By Shun-long CHEN

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  1. THE CHANGING STRUCTURE OF XIAMEN ECONOMY:CHALLENGES & OPPORTUNITIES By Shun-long CHEN

  2. Bohai Sea Economic Zone Yangtz River Delta Pear River Delta Would this be the 4th pole? Map of Xiamen New campus of Xiamen Uni. • Land area: 1699 k㎡ • Population: 3.81 million • Tourists: over 40 million each year • Marine area: 390 k㎡, usable coastline: 114 km • Climate: subtropical maritime monsoon climate You are here

  3. a. Economic growth over three decades • 1980-1995:GDP tripled every five years • 1995-2010:GDP doubled every five years • Average annual growth rate :16.9%, higher than the national average (10%) and Fujian average (13%)

  4. Industrial structure Constantly Changing Industrial Structure

  5. Quality of Economic Growth • The rise in average income: GDP per capita – 14135USD; fiscal revenue grew by 21% annually; average disposal income per capita grew by 10-12% per annum. • Energy consumption: 0.5 tons of standard coal per 10,000 Yuan of GDP, half of the national average. • Land usage: 170 million Yuan of GDP generated per km2. • Regional status enhanced: with 1.3% of land area and 10% of Fujian’s population, Xiamen produces 14.5% of the province’s GDP, 24% of fiscal revenue and almost half of the international trade volume. • The various social indicators are among the best in China.

  6. Quality of Living Environment • Various honorable titles achieved: • UN Habitat Award • National Model City for Environmental Protection • National Prime Tourist Destination • National Pilot City for Low Carbon • Ranked 1st in Scientific Development among China’s Cities • One of the Top 10 Low Carbon Cities in China • Ranked 1st in Social Ethics Index among China’s Cities • Rate of Good Air Quality: 95.3% • Ratio of Green Coverage: 41.9% • Per Capita Green Area: 20.35㎡

  7. Preferential policies and reform packages introduced 2012 2014 Comprehensive Reform Package Pilot City for Free Trade Zone

  8. b. Restructuring of Industries Present contribution of six pillar industries • Electronics (22%) • Machinery (10%) • Shipping & logistics (10%) • Tourist & exhibitions (8%) • Finance & business (8%) • Software & information services (10%)

  9. b. Restructuring of Industries • When the average GDP reaches a certain level, there is a pressing need to develop industries compatible with the level of development: modern services sectors and high-tech sectors. • Due to rising cost of factor input, technological improvement and economies of scale will be necessary. • Due to changes in the macro-environment, we must adapt by structural re-organization of our industries and enhance our industrial competitiveness.

  10. Goals Set in the “Strategic Plan for Beautiful Xiamen”

  11. Advanced service industries • Headquarter economy • Special Commercial retail • Tourist & exhibition • Shipping & logistics • Special finance • High-end medical treatment

  12. Advanced manufacturing industries • Plasma display • Power control device • Aircraft maintenance • Computers & telecom equipment • LED lighting

  13. Traditional industries • Automobile & engineering equipment • Agricultural byproducts & food processing • Water Tap components & home utilities

  14. Strategic emerging industries • Software & information service • Cultural creative industry • New materials • Biological medicine

  15. Transforming Urban Spatial Structure • New international airport • Central rail station • Metro systems • Harbor integration • Re-allocations of main public services e.g. hospitals, schools, universities etc.

  16. c. Challenges and Opportunities • How to provide decent jobs for the people coming to Xiamen • How to provide a good standard of living for the people coming to Xiamen • How to bring our industries to the international level • How to regenerate the old and low-efficient industrial zones • How to manage a rapidly expanding city through improving our public administration • How to incorporate Xiamen into wider regional development, through the integration of adjacent cities

  17. Green Development Ideas • Raise the public awareness of green consumption • Establish and protect the ecological zones • Reorganize the industrial structure and urban spatial structure • Promote low carbon development • Reduce the use of various resources • Proceed on the treatment of water, air and land

  18. Thank you

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