Jinjiang:
 

Jinjiang is known for the large number of foreign-invested factories which operate there, especially in the clothing and name-brand footwear industry. Many migrant laborers come from elsewhere in Fujian and even from outside the province to commit themselves to year-long contracts.
 
Jinjiang people speak the Quanzhou variant of Minnan dialect which is largely intelligible to speakers of the Xiamen/Zhangzhou variant (which is also spoken by most Taiwanese). As in many parts of China, most Jinjiang people can use Putonghua (Mandarin) to communicate with non-local people in commercial and other daily interactions.

There are many sportswear and other garment and shoe manufacturers in Jinjiang. Many original designs are produced but much of the work is either at the order of foreign firms or knockoffs of designs by famous foreign firms. In 2013 the mayor of Jinjiang called for more focus on innovative design by shoe manufacturers plagued by surplus inventory.

Business finance

Manufacturers were encouraged by local official to engage in IPOs and seek listings on stock exchanges such as the Frankfurt Stock Exchange to raise global capital for expansion. Raising capital in this way bypasses the difficulty medium-sized firms have with obtaining loans from Chinese banks. About 30 firms have achieved listing on global stock exchanges but many also have listings on stock exchanges in Shanghai or Hong Kong. As of 2012 many additional local firms include IPOs in their business planning.

In some instances over-capacity and declining profit margins have resulted from suboptimal investment of capital. Due to the prevalence of copying in the industry investing capital in research and development seems futile. Another problem is that many of the firms are in fact family-owned business which have taken on corporate form but not best corporate management practices. In an effort to achieve listings on exchanges with strict requirements there is a temptation to engage in creative accounting.