The Utilized Foreign Investment of Fujian Province Posted Steady Growth in 2021

From:Fujian International Investment Promotion Center Date:2022-01-26【Font:large regular

In 2021, 2,742 foreign-invested enterprises were newly established in the province, an increase of 508 over the previous year; the actual use of foreign capital was 36.91 billion yuan, up 6.1% year-on-year, and 17% higher than the same period in 2019, registering a two-year average growth of 8.2%.

The high-tech industries absorbed an increased proportion of foreign capital. Foreign investment in high-tech industries increased by 59.1%, accounting for 27.5% of the province, and the proportion is 9.2 percentage points higher than the same period last year. Among these, R&D and design service industry, medical equipment and instrumentation manufacturing industry, information service industry, scientific and technological achievements transformation service industry, and electronic device manufacturing industry recorded an increase of 642.9%, 184.9%, 112.1%, 47.1%, and 19.6% respectively. 

The actual use of foreign capital in the service industry has increased rapidly. Driven by large projects such as Pupu Technology and Meitu, the actual use of foreign capital in service industry increased by 27.5%.  Among these, scientific research and technology services, information transmission and information services, accommodation and catering, leasing and business services, and logistics increased by 216.6%, 103%, 38.8%, 34.3%, and 14.2% respectively. 

Major sources of investment grew steadily. The actual use of Hong Kong's capital increased by 14.7%, accounting for 76.5% of the whole province.  The investment from RCEP countries to Fujian province increased by 118.7%, accounting for 8.9% of the whole province, among which the actual investment of Japan increased by 1858% and that of Singapore increased by 45.4%.  The investment of countries along the "the Belt and Road" and ASEAN in our province increased by 41.3% and 42.3% respectively. 

Solid progress has been made in key projects. There are 76 foreign-funded enterprises with a capital of over 100 million yuan in the province, an increase of 8 over the same period of last year, accounting for 77.9% of the province's capital.  Among these, there are 16 enterprises with investment of more than 500 million yuan, including Pupu Technology, Chehejia Investment, Nippon Electric Glass, Grand Pacific Chemical, etc. 


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