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%.