Development Orientation Key Projects Investment Policy Investment Carrier Investment Projects

In 2020, the industrial enterprises industrial companies with annual revenue of more than RMB 20 million increased their added value by 6.3 percent year on year, with revenue exceeding RMB 530 billion. The output of processed stainless steel and tungsten products ranked first and that of gold, tungsten, and compound products ranked at the forefront of the country. Xiamen Tungsten Co., Ltd. became the biggest manufacturer of tungsten products in the world.

Development Orientation

With an emphasis on green and clustered development, Fujian will expand the application of energy-saving and consumption-reducing technologies, promote product restructuring and deep processing, and mainly develop high-end steel, stainless steel and non-ferrous metals products. By 2025, volumes in the province’s metallurgical industry will reach a value of RMB 710 billion.

  • Modern Steel

  • Stainless Steel

  • Non-ferrous Metals

Key Investment Promotion Projects

  • Silver Soldering Flux Production Project in Mingxi, Sanming City
  • Gold and Jewelry Industrial Park Project in Shanghang, Longyan City
  • Production Project of Steels for Shipbuilding and Marine Engineering in Zhangping, Longyan City
  • 50,000t/a Refined Copper Thread Production Project in Shanghang, Longyan City
  • Phase II Copper Smelting and Lithium Battery Copper Foil Deep-processing Industrial Project of Aluminum Corporation of China in Jiaocheng, Ningde City
  • Stainless Steel Deep-processing Project in Gutian, Ningde City
  • New-energy vehicle aluminum part processing projects in Fu'an, Ningde City
  • Stainless Steel Deep-processing Project in Zherong, Ningde City

    Mingxi has an abundant reserve of silver metal ores. A highly promosing 10,000t/a silver soldering flux production project will be attracted. Estimated investment of RMB 150 million.

    Gold and jewelry processing enterprises will be attracted to process over 20t gold and jewelry products per year. An integrated industrial park with gold and jewelry R&D, processing, trading, logistics, distribution and park administration will be completed. Estimated investment of RMB 2 billion.

    Preferentially attract steel-making enterprises to produce high-strength and highly anti-corrosive special-purpose steels for shipbuilding and marine engineering. Estimated investment of RMB 3.14 billion.

    Refined copper thread processing enterprises will be attracted to establish a production capacity of 50,000t ultrafine copper conductor products. Estimated investment of 1.85 billion.

    Rely on the Phase II copper smelting project of Chinalco to attract PCB (printed circuit board), radiator, transformer, auto part and other downstream deep-processing projects of copper industry. Estimated investment of RMB 10 billion.

    Attract middle and down-stream refined and deep-processing enterprises and advanced equipment and technology for production of energy-efficient stainless steels, stainless steel with special specifications and different surface treatments, high-gauge thick-wall special-purpose seamless stainless steel pipes, stainless steel hardware, pipe fittings, etc. Estimated investment of RMB 1 billion.

    Produce and supply industrial aluminium and accessories, solar profile bars, production line aluminum profile bars, aluminum pipe profile bars, casing of aluminum profile bars, cylinder profile bars, radiator aluminum profile bars, etc. Estimate investment of RMB 500 million.

    Attract middle and down-stream deep-processing and high-end cold-rolling projects of full-sries stainless steel products. Estimated investment of RMB 1.2 billion.