From January to April 2022, paid-in FDI in Fujian reached RMB 21.16 billion, an increase of 32.6% year-on-year, the amount means that the annual target has been 53.6% completed, exceeding the scheduled progress by 20.3% .
The manufacturing sector experienced a surge in utilized foreign investment, which saw a 53.9% increase in utilized foreign investment, accounting for 36.3% of the province's total, an increase of 8.1 percentage points year-on-year. Specifically, utilized foreign investment leapt by 90.5% in the electronic information industry, 87.1% in the petrochemical industry.
The absorption of foreign investment by high-tech industries has increased significantly, increased by 77.9%. Specifically, utilized foreign investment leapt by 2089.9% in the e-commerce service industry, 410.5% in the R&D and design service industry, 90.3% in the telecommunications equipment manufacturing industry, and 51.6% in the the service industry for the commercialization of scientific and technological achievements.
The pilot free trade zone made prominent progress in attracting foreign investment, the actual utilization of foreign investment was up by 167.2%. Specifically, Fuzhou area and Xiamen area up by 695.5% and 45.9% respectively.
The driving force of key projects is prominent, as many as 34 foreign-invested enterprises reported cumulative FDI inflows over RMB 100 million,and the amount of paid-in FDI registered RMB 16.21 billion , up by 38.5%, boosting the province's growth in actual utilization of foreign investment by 28.2 %.