hktdc.com - Fuzhou (Fujian) City Information
  About HKTDC | Contact HKTDC | My Basket My Basket (0) | My HKTDC | |
Within this section Within hktdc.com
 
Home > Market Intelligence > Profiles of China Provinces, Cities and Industrial Parks

Profiles of China Provinces, Cities and Industrial Parks



 Print  Email Facebook Twitter Share
Content provided by :  China Knowledge
   
5 Sept 2011
Fuzhou (Fujian) City Information

Major Economic Indicators (2010)

Land Area (km2) 11,968
Population (million) 6.87
GDP (RMB billion) 306.8
GDP Composition
Primary Industry 9.2%
Secondary Industry
(Industry & Contruction)		 44.54%
Tertiary Industry (Service) 46.26%
GDP Per Capita (RMB) 44,660
Unemployment Rate 3.3%
Fixed Asset Investment (RMB billion) 231.7
Utilized FDI (USD million) 1,180
Total Import & Export (USD million) 24,600
Export (USD million) 16,320
Import (USD million) 8,280
Sales of Consumer Goods (RMB billion) 133.6
Source Source: Fuzhou Economic and Social Development Report 2010

 
Introduction
 

Located by the coast in the east of Fujian, Fuzhou is its provincial capital. It has been nicknamed "Rongcheng" because of the many ficuses (fig trees) inside and outside of the city. Fuzhou Port handled 80.94 million tons of cargo in 2009.

The city has a subtropical monsoon climate, with an average annual temperature of 19? and an average rainfall of 900-1200 mm. Surrounded by the Min River and hills, green trees flourish in Fuzhou throughout the whole year. The city is one of China's forest industrial bases.

Due to its location by the coast and the 544 offshore islands nearby, Fuzhou has an abundance of marine resources. The coast line of this city is 1137km long, spanning a third of the province's total coastline. Besides seafood, the city also has natural reserves of clean energy like hydraulic and wind power.
 
Economic Features
 
In 2010, the value-added industrial output of Fuzhou reached RMB 136.6 billion, an increase of 19.2% from 2009. The figure is the second highest in Fujian after Quanzhou. Pillar industries in the city include electronics and IT, machinery, and textiles and garments.

The electronic and information industry is Fuzhou's largest pillar industry. Fuzhou is located at the mouth of the Min River, facing Taiwan across the strait. This geographic location puts the city at an advantage in terms of building cooperation with Taiwan's information companies. Such collaborations form the major driving force for this industry. Moreover, the National Development and Reform Commission had also set Fuzhou up to be an information industrial base of the province.

Photo display devices, software and communication equipment are the key products in the electronics and IT industry. In 2010, industrial output of this industry amounted to RMB 72.28 billion, rising 25.3% from 2009 and accounting for 18.3% of the city's total industrial output.

Machinery has been the fastest-developing pillar industry of Fuzhou since 2007. Many of Taiwan's machinery companies consider Fuzhou as a key gateway to set up business in the mainland. As such, Fuqing, a county level city in Fuzhou, set up Taiwan Machinery Industrial Park to attract investments. As a testimony of Fuzhou's attractiveness to Taiwanese companies, more than 120 Taiwan machinery companies moved into Fuqing in 2006, representing a substantial portion of Taiwan's machinery industry. Fujian Motor Industry Group Corp is a key player in this field. In 1995, it set up Southeast Motor, which is the largest joint venture in the automobile industry between mainland China and Taiwan.

In 2010, Fuzhou's foreign trade up 37.8% to US$24.6 billion, comprising export value of US$16.3 billion and import value of US$8.28 billion. The utilized FDI in the city was US$1.18 billion. Taiwan is an important foreign trade partner of Fuzhou. In 2010, foreign trade value with Taiwan amounted to US$2.23 billion, accounting for nearly 9% of the city's total.
 
Cultural Highlights
 

Fuzhou’s history spans 2,200 years and since its birth, it has been an important trade port of China. 1,900 years ago, Fuzhou began building trade relationships with various cities in Southeast Asia. In addition, during China's Tang Dynasty (618-907 AD), Fuzhou became an international trade port and the gate for the nation's maritime Silk Road.

Fuzhou Port became a national port in the Ming Dynasty (1364-1683 AD). After the founding of the People’s Republic of China, it was one of the country's first fourteen coastal cities to open up to the world. It is now considered the birthplace of many Taiwanese.

Nicknamed the "State of Buddha", Fuzhou has a rich religious culture. Buddhism entered the Fujian Province during China's Three Kingdom Period (190-280 AD). Six Buddhist temples in Fuzhou are amongst China’s most famous.
 
Tourist Attraction
 

Key tourist attractions in Fuzhou include Sanfang Qixiang (a cluster of ancient residential buildings dating back to the late Jin Dynasty), Fuzhou West Lake (an artificial lake built in 282 AD), Hualin Temple, Dizang Temple, Xichan Temple, Yongquan Temple, Wu Tower and Bai Tower.

Fuzhou's food is traditionally classified as Min Cuisine. It features lightly salted, fresh, and sweet and sour food with plenty of soup dishes. Fotiaoqiang is the most famous dish in Fuzhou. Its name was derived from a legend that its aroma was so irresistible that a senior monk was unable to control himself and jumped over the temple wall to have a taste, thus breaking his oath of being a vegetarian.
 
Major Development Zones
 

By the end of 2010, Fuzhou had eight state-level development zones.

Name
Area (km²)
Pillar Industries
GDP in 2010
(RMB billion)
Fuzhou Economic and Technological Development Zone
10.00
 Optical-mechanical-electronic integration, electronics, bio-pharmaceuticals, building materials
22.78
Fuqing Rongqiao Economic and Technological Development Zone
10.00
 Electronics, auto parts, plastics, food, building materials
14.1
Fuzhou High-tech Industrial Development Zone
5.50
 Computer peripherals, displays, printers, batteries, rubbish processing devices
N.A.
Fuzhou Free Trade Zone
1.80
 International trade, bonded warehousing, export processing
N.A.
Fuzhou Export Processing Zone
1.14
 (Under construction)
N.A.
Fuqing Export Processing Zone
0.81
 (Under construction)
N.A.
Fuzhou Yuanhong Investment Zone
15.00
 Grain and oil processing, feed processing, glass products
N.A.
Fuzhou Taiwan Investment Zone
1.80
 Electronics, light industry, food processing
N.A.

 Source: National Development and Reform Commission
 
Honors
 

National Clean City (2006)
- Ministry of Health

National Model City for Environmental Protection (2004)
- Ministry of Environmental Protection

National Garden City (2003)
- Ministry of Construction

 Print  Email Facebook Twitter Share