Modern Services Industry

In the first three quarters of 2024, Fujian Province's services sector maintained steady growth, accounting for over half of the regional economy. The revenue of service enterprises above the designated size showed strong expansion, with robust support for key industries. The added value of our province's services sector reached RMB 2,026.768 billion, a year-on-year increase of 4.7%, representing 50.4% of the regional GDP. In the first three quarters, 8,390 service enterprises above the designated size achieved a total operating revenue of RMB 735.36 billion, up 11.6% year-on-year, 4.4 percentage points higher than the national average and ranking first in China. Key industries played a prominent role, generating RMB 483.98 billion in revenue, a 19.4% increase, 9.5 percentage points above the national average, and also ranking first nationwide. Their contribution to the revenue growth of service enterprises above the designated size reached 103.2%.

Electronic Information Industry

In 2024, the added value of Fujian's electronic information manufacturing industry above the designated scale grew by 1.8% year-on-year, generating revenue of RMB 940.4 billion, securing the 7th position nationwide. The integrated circuits, optoelectronics, and lithium-ion battery industrial clusters each exceed RMB 200 billion in scale. Our province hosts 5 national new-type industrialization demonstration bases for the electronic information industry, including Xiamen Torch High-Tech Industrial Development Zone, Fuqing Rongqiao Economic & Technological Development Zone, Fuzhou Economic & Technological Development Zone, Yunxiao Yunling Development Zone, and Putian High-Tech Industrial Development Zone.

Biological & New Pharmaceutical Industry

In 2024, Fujian Province had 344 pharmaceutical enterprises above designated size, generating a total revenue of RMB 60.84 billion. Our province has established a relatively comprehensive pharmaceutical industrial system, covering categories such as chemical APIs (active pharmaceutical ingredients), chemical drug preparations, biopharmaceuticals, traditional Chinese medicine (TCM) preparations, TCM decoction pieces, and medical devices. The biopharmaceutical industry in Fujian Province is primarily concentrated in Xiamen, Sanming, Fuzhou, and Zhangzhou, with these four cities accounting for approximately 80% of our province's total revenue.

New Materials Industry

In recent years, Fujian Province has seen a growing agglomeration effect in its new materials industry, with a gradually improving innovation system and an expanding variety of materials. The production processes and output of stainless steel materials, ternary cathode materials, tungsten wire for lighting, high-performance automotive aluminum alloy sheets, laser and nonlinear optical crystals and devices, among others, rank among the highest in China. Leading enterprises such as Tsingtuo Group, CATL, Highsun Holding Group, Xiamen Tungsten, Zijin Mining Group, and Deer Technology have been cultivated. Driven by these industry leaders, Fujian has initially formed influential specialty new materials clusters, including lithium battery materials, stainless steel materials, advanced functional textile materials, advanced chemical materials, rare earth materials, and graphene.