Detailed introduction on the economic development of Xiamen in 2004 

In 2004, the city economy witnessed rapid growth with higher economic operation quality and profits. According to statistics, the total GDP of this city reached 88.32 billion RMB with a growth by 16.0% compared to the previous year. The added value created by primary industries reached 1.99 billion RMB with a slight drop by 0.3%, while the added value by secondary industries reached 52.394 billion RMB with a growth by 19.4%, the added value created by tertiary industries was 33.937 billion RMB with a growth by 11.8%. Calculated by current prices, the contribution rates to the city economy growth of the primary, secondary and tertiary industries were 1.1%, 64.3% and 34.6% respectively. The industry structure among these industries was 2.3: 59.3: 38.4. Based on the total population at the end of 2004, the per capita average GDP reached 60,175 yuan with a growth by 12.0%. If calculated by the permanent registered population, the per capita average GDP was 40,146 yuan with a rapid growth by 14.4%. In the economy operation process, more consideration had been given to resources preservation and environmental protection, which further promoted the sustainable development of the city economy. The electricity consumption per 100,000 yuan in GDP dropped from 735.2 kilo-watt hours last year to now 694.2 kilo-watt hours. The water consumption per 100,000 yuan in GDP also dropped from 16.2 tons in the previous year till now 15.5 tons (excluding daily life electricity and water consumption).

The rapid economy development laid a sound foundation for the city revenue income. In 2004, the total government revenue reached 16.036 billion RMB taking up 18.2% of the total GDP. If excluded the factors of exports tax, the number reached 18.03 billion RMB with a growth by 20.8%. The government revenue from the local level reached 6.823 billion RMB. If excluded the factors of exports tax, the number was 8.82 billion RMB with a growth by 20.2%. Among all the revenue income, the commercial tax income reached 4.177 billion RMB with a growth by 21.8%. The enterprise tax income reached 2.936 billion RMB with a growth by 30.1%. The personal income tax reached 1.41 billion RMB with a growth by 22.3% compared to the previous year. The total expenditure of the government of the whole year was 10.145 billion RMB with a growth by 12.4%. Among all the expenditure, the expenditure on construction reached 3.361 billion RMB with a growth by 13.1%, while the normal expenditure reached 6.426 billion RMB with a growth by 12.3%. Those major projects were fully supported by the government revenue.

There were also major problems in the process of economic and social development. For instance, the resource problems became a more and more serious issue restricting the economic and social development. The distribution of industries was still not satisfying. Modern service industries are still at the very beginning stage. The system innovation was still in need of further implementation.