In May, the added value of Fujian’s industries above the designated scale increased by 2.6% year-on-year, up 7.4 percentage points over April, according to the Fujian Provincial Bureau of Statistics (FPBS). From January to May, the added value of these industries in the province decreased by 1.5% year-on-year, with the decline narrowing by 3.3 percentage points compared to the period from January to April. 

According to the FPBS Department of Industrial and Transportation Statistics, nearly half of the industries in Fujian have experienced growth, indicating a notable recovery in industry expansion. From January to May, out of the 38 major industry categories in the province, 18 industries maintained steady growth, accounting for 47.4% of the overall industry expansion. This represents an increase of 5.3 percentage points compared to the period from January to April. Additionally, among the 447 industrial products included in the statistics, 184 saw an increase in production, with a growth rate of 41.2%, marking a 1.8 percentage point increase compared to the period from January to April. 

Analysis also indicates that joint-stock and large-scale industrial enterprises played a vital role in stabilizing industrial growth. In terms of economic types, from January to May, joint-stock enterprises in Fujian grew by 0.7% year-on-year, contributing a 0.5 percentage point increase to the added value of Fujian’s industries above the designated scale. In terms of enterprise scale, large-scale enterprises demonstrated strong underpinning effects. From January to May, Fujian’s large-scale industries above the designated scale grew by 0.2%, contributing a 0.1 percentage point increase to the added value of the province’s industries above the designated scale. 

As one of the leading industries in Fujian, the equipment manufacturing industry demonstrated remarkable resilience. From January to May, the added value of Fujian’s large-scale equipment manufacturing industries above the designated scale increased by 2.9% year-on-year, surpassing the provincial average by 4.4 percentage points. These industries accounted for 28.6% of the added value of Fujian’s industries above the designated scale, marking a 3.4 percentage point increase year on year. 

Among the eight equipment manufacturing industry categories, three industries achieved double-digit growth rates in added value. Specifically, the automobile manufacturing industry grew by 14.2%; the railway, shipbuilding, aerospace, and other transportation equipment manufacturing industry rose by 20.8%; and the electrical machinery and equipment manufacturing industry increased by 24.9%. Furthermore, new products also continued to grow robustly. From January to May, the production of industrial-use ultra-white glass for solar energy, photovoltaic cells, new energy vehicles, and service robots increasing by 106.0%, 67.3%, 41.6%, and 13.8%, respectively.