Overview
Area: 124,000 square kilometers
Location: Southeast coast of China
Economy
A coastal province in the southeastern part of the country, Fujian has seen rapid development in the past five years.
In 2019, Fujian recorded a GDP of 4.2 trillion yuan ($611 billion), an increase of 7.6 percent year-on-year, 1.5 percentage points higher than that of the whole country.
The province's general public budget hit 514.7 billion yuan, up 2 percent, and the total volume of foreign trade was 1.3 trillion yuan, growing by 7.8 percent year-on-year, and ranking seventh in the country in import and export scale.
It is also actively promoting an open economy of higher standards amid the country's ongoing further reform and opening-up.
Fujian recorded 1.3 trillion yuan in imports and exports trade in 2019, growing by 7.8 percent year-on-year, and ranking seventh in the country.
And the number of newly established foreign-funded enterprises in Fujian totaled 2,391, and the province's actual utilization of foreign capital was 31.54 billion yuan last year, growing by 3.3 percent year-on-year.
Not only a magnet for foreign capital, Fujian is stepping up its overseas investment, as it endeavors to have further involvement in the construction of the Belt and Road Initiative (BRI).
First proposed in 2013, the Initiative is a national key project that aims to build a trade and infrastructure network connecting Asia with Europe and Africa along ancient trade routes.
Fujian reported growth in trade with countries participating in the BRI, with the total value growing by 16.3 percent to 455 billion yuan in 2019.
Looking ahead, Fujian plans to further deepen the reform and opening up as a national-level FTZ and strengthen economic, cultural and people-to-people communications with the countries and regions under the umbrella of the Belt and Road Initiative.
It will also continue to push ahead with cooperation and exchanges with Taiwan in the fields of finance, trade and culture, and support more Taiwan youth to further their education, seek employment or start businesses in the region.
Administrative divisions
Fujian province governs 10 cities-Fuzhou, Xiamen, Zhangzhou, Quanzhou, Sanming, Puitan, Nanping, Longyan, Ningde and Pingtan, 44 counties, 9 urban districts and 12 county-level cities.