Internet giants invest in Fujian

China's internet giants have accelerated their investment in the electronics and information sector in Fujian province, in a bid to boost the growth of the local digital economy and technological innovation.

Fujian Electronics & Information (Group) Co Ltd signed cooperation agreements on Monday with 40 partners, including Chinese technology giants Alibaba Group Holding Ltd, Tencent Holdings Ltd and Baidu Inc, at the first Digital China Summit in Fuzhou, capital of Fujian province.

The total investment has surpassed 10 billion yuan ($1.6 billion). The partners will cooperate in fields such as integrated circuits, internet of things, big data, cloud computing, artificial intelligence, network and telecommunication, information security, intelligent city, intelligent healthcare and digital film and television.