In 2020, industrial enterprises above the designated size increased their added value by 8.4 percent year on year with an output value of more than RMB 660 billion. Fujian province boasts a production capacity of more than 15,000 tons of rare earth materials, including magnetic materials, hydrogen storage materials, and luminescent materials. Twenty-eight grapheme-related platforms have been built across the province. The production of LED products, hydrogen storage alloy materials for hybrid battery and laser crystals ranks among the top in China.
Highlighting refined and deep processing and high value-added applications, Fujian will make breakthroughs in core technologies, especially those of key strategic materials, in order to bolster its advanced basic materials and improve the supporting capacity of new materials.
Advanced Basic Materials
Key Strategic Materials
Key Investment Promotion Projects
The existing industries of Pinghe Industrial Park will be availed to develop a production base of carbon fiber high-performance new-type materials with a planned covering area of about 1,000mu. Estimated investment of RMB 200 million.
With a covering area of about 100mu, it is expected to develop a photo-resist production and R&D project. Estimated investment of RMB 1 billion.
A 100,000t/a high-end graphite cathode material production line will be constructed, including production workshops and accessory facilities. The graphite zone already has the corresponding industrial facilities and the preliminary formalities have been cleared for the project. Estimated investment of RMB 3 billion.
Construct a 1,000,000sqm/a wide graphene membrane roll production base together with the production workshops and accessory facilities. The park has been furnished with the corresponding industrial facilities and the preliminary formalities have been cleared for the project. Estimated investment of RMB 500 million.
Primarily attract fluorine materials, lithium battery materials, electrochemical materials and other new material manufacturing enterprises. Estimated investment of RMB 16.8 billion.
Attract financially and technically viable enterprises to develop a 20,000t/a rare earth reagent and modified material production line. Estimated investment of RMB 300 million.
Develop downstream magnesium materials and extended products with a high added value; develop a new magnesium-calcium material industrial park; preferentially develop downstream nanometre calcium carbonate, magnesium hydrate product series and magnesium oxide product series. Estimated investment of RMB 8 billion.
Attract new zirconium-magnesium material production projects. Estimated investment of RMB 965 million.
Investment Carrier