In the first five months of the year, Fujian’s utilized foreign investment totaled RMB 18.18 billion, an increase of 13.8% year-on-year. The amount means that the yearly target has been 49.4% completed, exceeding the scheduled progress by 7.7 percentage points. 

The high-tech sector saw a 23.7% increase in utilized foreign investment. Specifically, utilized foreign investment leapt by 1182% in the medical equipment and instrument manufacturing industry, 1159% in the R&D and design service industry, 152.3% in the service industry for the commercialization of scientific and technological achievements, and 104.1% in the electronic device manufacturing industry, with the growth rates all exceeding 100%. 

The service sector experienced a 50.5% increase in utilized foreign investment. Specifically, utilized foreign investment surged by 268.5% in the scientific research and technological service industry, 219.4% in the logistics industry, 141.6% in the hotel and catering industry, 97.3% in the information transmission and IT service industry, and 50.5% in the leasing and commercial service industry. 

Key projects accounted for over 70% of FDI inflows. Specifically, 39 enterprises (nine more than the same period last year) each reported a cumulative foreign investment inflow of over RMB 100 million. The combined total FDI inflows reached RMB 13.14 billion, representing 72.3% of the province’s total sum.