Fujian Province's actual utilization of foreign investment from January to September registered 4.49 billion USD, an increase of 23% year-on-year and 4.1 percentage points higher than the rest of the country. It accomplished 85.5% of the annual target and exceeding the sequential progress by 10.5 percentage points.
The actual utilization of foreign investment in high-tech industries increased by 49.6%, accounting for 34.2% of the province, 6.1 percentage points higher than in the same period last year. The actual utilization of foreign investment in manufacturing increased by 99%, accounting for 36.8% of the province, 14.1 percentage points higher than in the same period last year. This included the petrochemical industry, which grew by 912.3%, and the machinery and equipment industry, which grew by 90.4%.
Some countries and regions have stepped up investment in Fujian. Investment from the BRI countries and regions in Fujian grew by 184.5%, with that from the ASEAN and members of the RCEP increasing by 156.1% and 65.6% respectively. Among major developed countries and regions, the actual utilization of investment from the United States increased by 525.7%.
China (Fujian)Pilot Free Trade Zone made prominent progress in attracting foreign investment. The actual utilization of foreign investment in the China(Fujian)Pilot Free Trade Zone increased by 138.8%. Among which, Xiamen Area grew by 94.5% and Fuzhou Area by 383.8%.
Solid progress has been made in key projects. There are 105 enterprises with received foreign investment of more than 10 million USD in the province, which accounts for 81.1% of the province’s total. Among them, seven enterprises, including Quan Zhou Grand Pacific Chemical and Seif Group, all received foreign investment of over 10 million USD.
The decrease in newly added contractual foreign capital continues to narrow. The amount of newly added contractual foreign investment in the province only decreased by 5.2% year-on-year, which is 4 percentage points lower than that of last month and 6 percentage points better than that of the whole country. Among which, new contractual foreign investment in the manufacturing industry increased by 102.4% and in the high-tech industry increased by 52.9%.