As of the end of 2019, Xiamen had cumulatively approved 1,322 outbound investment projects, with a total contractual foreign capital of 35.52 billion yuan ($5 billion), and a year-on-year expansion in the actual utilization of foreign capital of 25 percent, to 13.42 billion yuan.
Statistics show that in 2019, the city introduced 92 projects, and each has a total investment of more than $10 million. As of the end of last year, a total of 63 Global Fortune 500 enterprises had invested in 114 projects in Xiamen, with a total contractual foreign capital of $4.1 billion.
The city has approved in principle 138 overseas investment projects valued at $5.2 billion, an expansion of four times. Xiamen also sent 15,069 workers overseas, an increase of 11.3 percent year-on-year.