Fujian recently released the New Materials and New Products Catalog in Fujian Province (First Batch), intending to include 50 products such as the wet curtain from Aolan (Fujian) Industry Co., Ltd. and the high-strength wear-resistant thin-wall stainless steel pipe from Fujian Shengdatong Energy Saving Technology Co., Ltd.The new materials industry is a strategic sector for the national economy, playing a foundational role. It is also one of the fastest-growing emerging industries, with high levels of innovation and rapid development in the current technological revolution and industrial transformation. In 2021, our province introduced and implemented the first special policy to benefit enterprises in the key new materials sector. Over the past three years, by leveraging special financial funds, it has guided and supported key producers of new materials in speeding up the promotion, application, and demonstration.Industrial growth depends on a conducive environment. Fujian has been actively promoting the inclusion of outstanding products in the national directory. In 2021, 34 key new material products with advantages from Fujian Province were named in the Guidance Catalog for Initial Batch Application Demonstration of Key New Materials issued by the Ministry of Industry and Information Technology In 2023, a total of 59 new material products from our province were included in the Catalog, marking a 25 increase from 2021. This has strengthened the influence and dominant position of our key new materials in the niche industry sector.To consolidate the advantages of new materials with distinctive features, in 2023, our province has also compiled the Support Reference Catalog for Productive Applications of the Initial Batch of Key New Materials in Fujian Province (2022 Edition). This catalog incorporates 82 key new material products that have made significant breakthroughs in technological innovation and performance indicators, filling industry gaps. These products have been added to the provincial directory for encouragement and support. Notably, 12 of these products 12 have achieved technical indicators at the forefront of the international level.According to incomplete statistics, the annual average growth rate of the output value of new materials in our province exceeded 18% from 2020 to 2022, indicating a rapid development trend. As of 2023, Fujian boasts 29 top industrial enterprises in the new materials sector and over 15 enterprises achieving an output value exceeding RMB 5 billion. Additionally, more than 26 enterprises have been recognized as national single-item manufacturing champions. Furthermore, there are over 57 “Little Giant” enterprises along with more than 165 enterprises that use specialized and sophisticated technologies to produce novel and unique products.

16

07-2024

Zhangzhou City’s LNG Outbound Pipeline Project Operational, Expanding Gas Network in Southeast China
12

07-2024

Fujian Province Incentivizes Initial Productive Applications of Key New Materials
11

07-2024

Economists say H1 GDP likely to top 5%
10

07-2024

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For further information in detail, please read Agenda For Extensive Matchmaking Throughout All the 22nd CIFIT's Major Activities（Till 2nd Sept 2022）.pdf

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2022-08

Agenda For Extensive Matchmaking Throughout All the 22nd CIFIT's Major Activities（Till 29th Aug 2022）
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2022-08

Invitation of the 22nd China International Fair for Investment and Trade （Fujian Delegation）
19

2022-07

The 22nd China International Fair for Investment and Trade
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2021-05

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Foreign Investment Guide of Fujian （2021 Edition）

RCEP to benefit China and the world

Invest Fuzhou

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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