Since 2018, the Digital China Summit has been held in Fujian for seven consecutive years, bringing new development opportunities to Fujian's digital economy. Fujian has consistently taken the lead in digital Fujian development, actively fostering the market for data elements, and advancing the digital economy to comprehensively empower various sectors. However, the development of the digital economy in Fujian still faces challenges, such as the insufficient supply of new infrastructure and a lack of diverse application scenarios for digital technology.In response, Mr. Ke Zhiwen, a member of the Fujian Provincial People's Political Consultative Conference and Chairman of Fujian Dianjing Technology Co., Ltd., suggested accelerating the development of new infrastructure such as 5G, big data, and the industrial internet. He emphasized the need to address weaknesses in the industry's foundational capabilities and to establish an independent and reliable digital industrial supply chain. Mr. Ke also highlighted the importance of focusing on integrated circuits and foundational software as key industries, while actively fostering emerging sectors such as blockchain and quantum communication. He also called for the cultivation of iconic digital economy leaders and unicorn companies in Fujian, the continuous attraction of nationally influential digital leaders, and the creation of a digital economy industrial cluster in Fujian to drive the coordinated development of the regional digital economy.In addition, industrial digitization is a key aspect of developing the digital economy. It is essential to provide technical guidance for the transformation of small and medium-sized enterprises and to continually expand the integration of digital technology with the service industry in both breadth and depth. We should leverage Fujian's geographical advantages as a coastal province and deeply integrate digital technology into the marine economy to create smart fisheries. At the same time, we should draw on the development and operational experience of the Shanghai Data Exchange to improve the operating mechanisms and processes of the Fujian Big Data Exchange. We will also enhance cooperation with countries and regions along the Maritime Silk Road in digital development. This includes establishing data convergence nodes for the Maritime Silk Road and cross-strait data integration nodes between Fujian and Taiwan. By doing so, we can further strengthen, optimize, and expand Fujian's digital economy, thereby promoting high-quality economic development in Fujian.Translated by Fujian Investment Promotion Center

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Foreign Investment Guide of Fujian（2024 Edition）

INDUSTRY

Electronic Information and Digital Industry

Electronic Information and Digital Industry

a total operating income of
880

billion yuan

the industrial added value increased by
27.6%

the average growth rate was
24.4%

ranks in China
NO.5

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Advanced Equipment Manufacturing Industry

Advanced Equipment Manufacturing Industry

enterprises above designated size
3,968

with the total assets of
955.4

billion yuan

recorded an revenue of
1,077.8

billion yuan

a total profit of
73.1

billion yuan

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Petrochemical Industry

Petrochemical Industry

achieved a total operating income of
533.659

billion yuan

an increase of
25.7%

the total profit was
31.692

billion yuan

an increase of
103.6%

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Modern Textile and Clothing Industry

Modern Textile and Clothing Industry

the textile and footwear industry revenue was
1,166.1

billion yuan

the textile and garment industry revenue was
814.4

billion yuan

the footwear industry revenue was
351.7

billion yuan

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New Materials Industry

New Materials Industry

ts new materials industry has achieved a total output value of about
645

billion yuan

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New Energy Industry

New Energy Industry

The installed capacity of electricity in the province reached
63.72

million kilowatts

The installed capacity of clean energy accounts for
55.1%

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Biological and New Pharmaceutical Industry

Biological and New Pharmaceutical Industry

pharmaceutical industry enterprises above designated size in the province
282

with an operating income of
85.1

billion yuan

a year-on-year increase of
42.2%

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Characteristic Modern Agriculture and Food Processing Industry

Characteristic Modern Agriculture and Food Processing Industry

food industry enterprises above designated size in the province
2,368

recording an operating income of
666

billion yuan

an increase of
8.7%

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Metallurgical Industry

Metallurgical Industry

The output of stainless steel products ranks in China
NO.1

The output of tungsten and compound products ranks in China
NO.3

The output of tungsten processing products ranks in China
NO.1

The output of gold products ranks in China
NO.3

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Building Materials Industry

Building Materials Industry

Building sanitary ceramics, building decorative stone, cement, flat glass, deep processing and new wall materials are the mainstay of building materials industry in Fujian Province. In particular, building sanitary ceramics, building decorative stone, cement and flat glass industries
lead the building materials industry of the province

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Modern Service Industry

Modern Service Industry

state-level service-oriented manufacturing demonstrations in the province
33

national industrial design centers
25

national A-level logistics enterprises
466

national industrial heritage projects
5

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