Xiamen ranks 7th in capital amount growth nationwide
Total capital amount, or total deposit balances held by all financial institutions, is a way to indicate the performance of economic growth in certain regions or cities.
According to a report by Chinese financial news outlet Yicai on July 22, Xiamen ranked seventh among all the cities across China in terms of total capital amount, with a growth rate of 101 percent.
Statistics showed that eight cities in China had seen growth of over 100 percent. Among them, Shenzhen ranked first with a growth rate of 180 percent, followed by Guiyang (158 percent) and Hefei (127 percent).
Sunset settles over the Wuyuan Bridge in Xiamen, East China's Fujian province, on May 4, 2019. [Photo/VCG]