To foster industrial upgrading and strengthen economic development momentum, Xiamen City has recently issued the Measures to Encourage Enterprises to Expand Effective Investment and Promote Industrial Project Breakthroughs in Xiamen (referred to as the Measures). The aim is to boost effective investment, reduce financing costs, expedite subsidy payments, streamline construction approval processes, support large-scale equipment upgrades, facilitate corporate transformation and upgrading, and advance industrial project breakthroughs.Currently, Xiamen is advancing comprehensive reform initiatives to deepen reforms across the board, integrating technological innovation with industrial innovation, resolutely accelerating economic restructuring and upgrading, and rapidly building a modern industrial system characterized by "4+4+6" sectors. The introduction of these measures is a concrete step towards injecting new momentum into the city's industrial development, fostering sustained and stable improvement of its economy.The Measures stipulate that for industrial enterprises in Xiamen City implementing newly established facilities or expansion projects (including technical transformation and capacity enhancement) from 2025 to 2026, with an annual total investment of RMB 10 million or more, or annual equipment investment of RMB 5 million or more, subsidies will be provided based on the amount invested in production equipment and productive facility construction (referred to as "investment").For projects with investments up to RMB 500 million, a maximum subsidy of 10% of the investment is offered, capped at RMB 30 million per project. For projects exceeding RMB 500 million in investment, a 10% subsidy is provided, with a cap of RMB 60 million for investments up to RMB 1 billion. Beyond RMB 1 billion, the maximum allowable subsidy increases by RMB 10 million for every additional RMB 500 million in investment. Projects that receive national or provincial special support for high-quality development, technological transformation, or ultra-long-term government bonds are also eligible for these policies.Reducing Corporate Financing CostsEnterprises engaged in national large-scale equipment renewal refinancing projects, national major strategy and critical area safety capacity construction projects, or industrial enterprise expansion and capacity enhancement projects are entitled to support from technological innovation. This enables them to access financing at a cost of 2% per annum. For portions benefiting from central government fiscal interest subsidies, the financing cost is reduced to 1% per annum, with terms aligned with the central government's subsidy policy.Accelerating Subsidy PaymentsMajor provincial and municipal industrial projects can expedite subsidy payments based on project progress, achieving disbursement in the same year as investment. Enterprises annually settle accounts, with adjustments made for overpayments or underpayments.Streamlining Construction Approval ProcessesNewly constructed, renovated, or expanded industrial factories that meet current Xiamen industrial land control standards and contractual floor area ratio requirements, no longer require special process reviews.Translated by Fujian Investment Promotion Center

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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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