Jimei is the most important gateway to the Xiamen Economic Special Zone with its advantageous location in the center of the Minnan Golden Triangle.
From January to July, Tongan district in Xiamen has seen foreign investment of $428 million, a rise of 211 percent compared with the previous year.
Xiang'an may have a history of more than 1,700 years, but it is Xiamen's youngest administrative district.
After its attempts to buy Swedish brand Saab failed last year, China's privately owned car and bus maker Youngman Automobile Group Co recently agreed with Saab's former owner Spyker NV to jointly develop and produce luxury cars.
Ford's premium marque retooling for 2014 sales
Last week Ford announced that its plan to restructure its three-way joint venture Chang'an Ford Mazda Automobile Co was recently approved by the National Development and Reform Commission.
Fluttering ribbons, song and dance, traditional Korean costumes - the festivities are underway as the only autonomous Korean prefecture in the country has already begun to celebrate its 60th birthday, which will be officially marked on Sept 3.
China's second-largest auto group Dongfeng Motor Corp has made plans to acquire Fujian Motor Industry Group Co Ltd as it moves to set up a southeastern production base, according to recent local media reports.
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