Advanced Equipment Manufacturing Industry

In 2024, Fujian Province had 4,866 machinery equipment enterprises above the designated size, with industrial added value growing by 4.6% year-on-year and operating revenue reaching RMB 1,187.15 billion, a 1.8% increase year-on-year.

New Materials Industry

In recent years, Fujian Province has seen a growing agglomeration effect in its new materials industry, with a gradually improving innovation system and an expanding variety of materials. The production processes and output of stainless steel materials, ternary cathode materials, tungsten wire for lighting, high-performance automotive aluminum alloy sheets, laser and nonlinear optical crystals and devices, among others, rank among the highest in China. Leading enterprises such as Tsingtuo Group, CATL, Highsun Holding Group, Xiamen Tungsten, Zijin Mining Group, and Deer Technology have been cultivated. Driven by these industry leaders, Fujian has initially formed influential specialty new materials clusters, including lithium battery materials, stainless steel materials, advanced functional textile materials, advanced chemical materials, rare earth materials, and graphene.