Fujian has undergone from handwork and low value-added light industries such as foodstuff, shoe making, handicrafts to three dominant industries: petrochemical, electronics & information and machinery. In 2002, these three leading industries yielded a total of RMB 173,721 million in industrial output value, increased by 31.1% compared with the previous year and accounting for 47.3% of the total of the large-scale industries.
  There is a group of large and medium scale petrochemical projects in Fujian Province. They are high technical, widely industry-related, and capital intensive.
In Quanzhou City, there is an oil refining and chemical integrated project with crude oil processing of 4,000,000 tons per year. The project is based in Quangang District, which is one of the six major State-planned petrochemical bases.
  In Xiamen City, Haicang Development Zone has formed a mid and lower-stream industrial system relying mainly on producing chemical fiber raw materials and fiber, plastics processing, and rubber tire products.
  The Fujian Petrochemical-Exxon Mobile-Aramco petrochemical integration project won State approval in 2002. The project will be capable of producing 800,000 tons of ethylene annually and will also increase the oil refining capacity from 4 million tons to 12 million tons per year. The joint venture has a total investment of more than USD 3 billion. Fujian has established an industrial chain and an overall industrial scheme in petrochemical sector.
  Fujian has a wide range of assortments and products in electronics and information sector. Our electronic products include: communications and navigation, digital audio-visual equipments, computer and peripheral units, system integration and software, integrated circuit, electronic components, and electronic application products.
  A complete industrial system including talent cultivation, scientific research, product development, production, management, sales and service has been established.
  In 2002, the total industrial output value in this sector generated by costal cities such as Fuzhou and Xiamen made up 98.7% of the province¡¯s total. Together with the Changjiang (Yangtze River) Delta, the Zhujiang (Pearl River) Delta and the Bohai Rim, an internationally competitive electronics & information-clustering region is established.
  The IT industrial chain is composed with a few leading companies such as AOC Electronics, Dell and Chunghwa Picture Tubes. AOC occupies the first place in the country in producing monitors; Dell is ranked the fourth in producing computer; and Chunghwa Picture Tubes produces 19.6 million display-tubes annually.
  In 2002, the production output value of the mechanical industry occupies the third place among all sectors in the province, and the growth rate is ranked the second. Key developing products include: automobile, ship, engineering machineries, electric machineries & equipments, agricultural machineries and others such as joint bearing, tire-shaping sulphurate machine, electric dust remover and water gauge.
  Major exported mechanical products in the year of 2002 include: USD 179 million worth of ships; USD 135 million worth of valves; USD 102 million worth of automobiles and spare parts; USD 101 million worth of electric motors and generators; USD 88.85 million worth of power transmission &transformation equipments and protecting devices; USD 60 million worth of batteries and storage batteries; USD 51.31 million worth of containers; and USD 48.31 million worth of electric wires and cables.
  In 2002, Taikoo (Xiamen) Aircraft Engineering Co. Ltd. generated USD 308 million of foreign exchange earnings in civilian plane maintenance and plane modification.

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