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Two Ethylene Oxide (EO) reactors arrived at Zhangzhou's Gulei Port in Dec 2025. [Photo provided to chinadaily.com.cn]

Foreign direct investment in Fujian province rose last year, with 4,342 newly established foreign-invested enterprises, a 6.3 percent increase over the previous year, while actual utilized foreign capital reached 22.35 billion yuan ($3.23 billion), a 1 percent increase that outpaced the national average.

Targeted policy support and specialized services have fast-tracked the construction of major foreign investment projects across Fujian. The Sino-Saudi Gulei Ethylene Complex Project, the province's largest joint venture with a total investment of 44.8 billion yuan, has installed the world's heaviest Ethylene Oxide (EO) reactors in Zhangzhou and is scheduled to begin trial production in August.

High-tech industries were a key driver of Fujian's foreign investment in Fujian, with 4.76 billion yuan in actual utilized foreign capital, an increase of 61.5 percent. Fujian also introduced its first tax credit program for overseas investors reinvesting profits, under which overseas shareholders of Fujian Billion High-tech Materials Industrial secured 200 million yuan in reinvested funds and reduced their estimated tax liabilities by 10 million yuan.

Fujian has also supported foreign-invested companies in expanding their operations. Tesla's sales in Fujian reached a record high in 2025, with an average annual rate of nearly 50 percent since 2018. Company officials attributed this performance to Fujian's equitable consumer policies and its transition toward international service standards. Meanwhile, the first phase of the Xiamen Torch Power Electrical Industrial Park is expected to be completed and begin operations after June, after which it will become Schneider Electric's largest global production base for medium-voltage (MV) equipment.