Fujian Province inked 70 major industrial projects totaling RMB 112.39 billion at its 15th Private Enterprise Project Matchmaking Conference on December 12. The event, combined with Fujian-Taiwan Biopharmaceutical Industry Cooperation matchmaking activities, delivered impressive economic results.

The event drew a distinguished gathering of business leaders, with nearly 500 entrepreneurs and institutional representatives from Beijing, Shanghai, Jiangsu, Zhejiang, Guangdong, Fujian, Hong Kong, and Taiwan in attendance. The conference featured roundtable discussions, private enterprise matchmaking sessions, major project signings, and specialized Fujian-Taiwan biopharmaceutical cooperation exchanges to pragmatically advance high-quality matching of private enterprise industrial projects and Fujian–Taiwan industrial collaboration.

Hundreds of billions in investment poured into Fujian’s economy, with projects covering next-generation displays, AI/robotics, low-altitude economy, biomanufacturing, and pilot test, alongside projects to strengthen, extend, and expand supply chains in traditional industries like green chemicals and modern textiles. Fujian’s industrial ecosystem and investment environment are attracting high-quality factors and resources to gather rapidly.

On-site, Liansheng Pulp & Paper (Zhangzhou) Co., Ltd.’s expansion project in Zhangpu County—an integrated forest-pulp-paper facility with an annual capacity of 5.57 million tons—drew significant attention, with total investment reaching RMB 17.6 billion.

For the local community, this is tantamount to “relocating an entire industrial chain into the village”. “The expansion project further extends the papermaking supply chain, including the construction of production lines for chemical pulp, chemi-mechanical pulp, cultural paper, tissue paper, specialty packaging paper, and high-end IT paper, alongside supporting facilities such as alkali recovery, water treatment, papermaking chemical workshops, raw/auxiliary material storage yards, and finished product warehouses,” said Chen Quanqi, deputy general manager of Liansheng Pulp & Paper (Zhangzhou) Co., Ltd.

From a regional perspective, the Chihu Industrial Park, where the project is located, will generate a substantial number of jobs, boosting related sectors like construction, logistics, and chemical raw material supply. Upon full operation, the project is expected to add RMB 18 billion in annual output value and approximately RMB 600 million in annual tax revenue.

Among the newly signed projects, 50 involve planned investments exceeding RMB 1 billion, accounting for 71.4% of the total. These include two flagship projects worth over RMB 10 billion each—Xiamen Haicang Silan’s 12-inch high-end analog integrated circuit chip manufacturing and Zhangpu Liansheng’s 5.57-million-ton integrated forest-pulp-paper expansion—alongside eight major projects with investments surpassing RMB 3 billion, underscoring the pivotal role of large-scale projects in driving industrial clusters.

Another highlight is the strong emphasis on “innovation”, with 57 projects—accounting for as much as 81.4%—in emerging industries such as new energy, new materials, integrated circuits, and biomanufacturing. Leading enterprises like Highsun Holding Group, Zhongjing Group, and Liansheng are extending and expanding supply chains, while emerging players like Silan, CATL, and Shengyuan are strengthening and complementing industrial linkages. Once operational, these projects are expected to generate over RMB 130 billion in annual output and nearly RMB 6 billion in tax revenue for Fujian Province, providing robust support for sustained regional economic growth.

A relevant official from the Fujian Provincial Department of Industry and Information Technology noted that all signed projects underwent rigorous evaluation, prioritizing tangible investment commitments and feasibility for rapid implementation, thereby laying a solid foundation for Fujian’s high-quality industrial modernization in the 15th Five-Year Plan period.

The same day also saw Fujian-Taiwan biopharmaceutical industry collaboration matchmaking activities, where several cross-strait biopharmaceutical cooperation projects reached preliminary agreements. The newly unveiled Fuzhou New Area Fujian-Taiwan Biopharma Valley aims to become a hub for pooling resources and advancing R&D and commercialization.

It is reported that since Fujian launched its first private enterprise industrial project matchmaking conference in 2011, it has attracted leading firms such as CATL, Hithium Energy Storage, Hexafluo, and Quantum Cloud Code. Over 20,000 projects have been secured, with total investments exceeding RMB 6 trillion. This year, Fujian has intensified private-sector project matchmaking under a three-tier provincial-municipal-county coordination mechanism (provincial coordination, municipal execution, and county-level implementation), yielding significant results. As of November, 2,220 private industrial projects with planned investments of RMB 400.9 billion have been secured, with an 83.3% startup rate for manufacturing projects.