In the first three quarters of 2020, Xiamen's actual use of foreign investment was 12.962 billion yuan, an increase of 38.0% year-on-year, accounting for 48.9% of the province's total use, and ranking first in terms of growth and scale around the province.

Among them, the service industry played a supporting role in the use of foreign investment. From January to September, 711 foreign-invested enterprises were newly established in the service industry with contractual foreign investment of 23.445 billion yuan, an increase of 11.9%, accounting for 89.1% of Xiamen's total amount; actual use of foreign investment was 7.417 billion yuan, an increase of 68.6%, representing 57.2% of Xiamen's actual use.

Among them, the contractual foreign investment in high-tech service industry was 4.888 billion yuan, an increase of 37.2%. Large-scale foreign investment projects continue to land, providing strong support for high-quality economic development. From January to September, the contractual foreign investment of newly established enterprises and capital increase were 15.212 billion yuan and 11.431 billion yuan respectively, with the ratio of about 60:40. Among them, new companies such as Jinyuan President Securities, Tuya Technology, and Redlock Equity Investment settled down, and enterprises such as Meitu Inc., Genius Electronic Optical, and Oamic Biotechnology continued to increase investment in Xiamen and accelerated their deployment in the city.