Modern Services Industry

In the first three quarters of 2024, Fujian Province's services sector maintained steady growth, accounting for over half of the regional economy. The revenue of service enterprises above the designated size showed strong expansion, with robust support for key industries. The added value of our province's services sector reached RMB 2,026.768 billion, a year-on-year increase of 4.7%, representing 50.4% of the regional GDP. In the first three quarters, 8,390 service enterprises above the designated size achieved a total operating revenue of RMB 735.36 billion, up 11.6% year-on-year, 4.4 percentage points higher than the national average and ranking first in China. Key industries played a prominent role, generating RMB 483.98 billion in revenue, a 19.4% increase, 9.5 percentage points above the national average, and also ranking first nationwide. Their contribution to the revenue growth of service enterprises above the designated size reached 103.2%.

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.

Biological & New Pharmaceutical Industry

In 2024, Fujian Province had 344 pharmaceutical enterprises above designated size, generating a total revenue of RMB 60.84 billion. Our province has established a relatively comprehensive pharmaceutical industrial system, covering categories such as chemical APIs (active pharmaceutical ingredients), chemical drug preparations, biopharmaceuticals, traditional Chinese medicine (TCM) preparations, TCM decoction pieces, and medical devices. The biopharmaceutical industry in Fujian Province is primarily concentrated in Xiamen, Sanming, Fuzhou, and Zhangzhou, with these four cities accounting for approximately 80% of our province's total revenue.

Modern Textile & Apparel Industry

In 2024, Fujian Province had 4,406 textile, apparel, and footwear enterprises above the designated size, with industry revenue reaching RMB 950.2 billion, a 7.6% year-on-year increase. This includes RMB 683.1 billion from the textile and apparel segment (up 7.1%) and RMB 267.1 billion from the footwear segment (up 9.1%). Fujian’s modern textile and apparel industry ranks among the largest in China, featuring a comprehensive industrial chain spanning chemical fibers, spinning, weaving, dyeing and finishing, garment manufacturing, footwear production, and industrial textiles. Our province leads the country in sports shoe production and import-export volume. Notably, 5 of the 14 Fujian-based enterprises listed in the "2023 China Top 500 Private Enterprises" are from the textile and apparel industry.