Xiamen's 2022 top 100 enterprises
The top three companies on the list of the top 100 enterprises in Xiamen in 2022 were Xiamen C&D Co, Xiamen ITG Holding Group, and Xiamen Xiangyu Co, respectively.
The top three enterprises had an annual sales increase of 62.7 percent, 50.5 percent, and 29.2 percent, respectively, and reached an annual sales volume of 719.58 billion yuan, 604.99 billion yuan, and 484.38 billion yuan.
Enterprises with annual sales revenue of less than 1.8 billion yuan did not receive the listing ticket in 2022. At the same time, 35 businesses saw their income increase for four straight years, while 72 businesses made the list for four years in a row.
The total annual revenue of the top 100 enterprises reached 278.93 billion yuan, up 35.5 percent year-on-year. Among them, there were 29 enterprises with annual sales revenue of 10 billion yuan, and 14 hit 20 billion yuan.
Furthermore, in 2022, the net profit of the top 100 enterprises totaled 63.32 billion yuan, up 31.4 percent year-on-year, and the total tax payments reached 105.89 billion yuan, an increase of 26.5 percent. What's more, the top 100 enterprises in Xiamen also made contributions to employment sector, providing jobs to a total of 463,000 employees.
Why Xiamen
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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.