In The Past Thirty Years, The Import And Export Of Foreign Trade Increased Year By Year.

Since the beginning of reform and opening up, Quanzhou has made full use of the advantages of Taiwan and Hong Kong as well as widened the opening to the outside world, and has made remarkable achievements. The pattern of opening up to all levels, multi-level and wide fields has basically taken shape, and the export oriented economy has played an important role in the national economy.

In 2007, the total output value of Industrial Enterprises above Designated Size and Hong Kong, Macao and Taiwan accounted for 52.9% of the total industrial output value.

As of the end of December 2007, the city has approved 12063 foreign-invested enterprises, with a total investment of US $34 billion 925 million, of which 23 billion 617 million US dollars in contractual foreign capital and 13 billion 793 million US dollars in foreign capital actually totaled 934 billion 221 million yuan.

The total number of Taiwan funded enterprises has been approved by 1301. The contract has utilized Taiwan's capital of US $1 billion 670 million, and Taiwan's investment has actually amounted to US $1 billion 99 million.

The source of foreign investment has been developed from Hong Kong, Macao and Taiwan to 53 countries or regions such as Southeast Asia, Japan, Korea, Europe and the United States.

With the continuous improvement of foreign capital utilization, the introduction of large projects continued to increase, and many of the world's top 500 economies such as Exxon, ADM and WAL-MART entered Quanzhou.

In 2007, the average size of contracted foreign capital reached US $7 million 420 thousand, and a total of 103 major projects were approved.

Since the reform and opening up, Quanzhou's foreign trade has risen rapidly, and its export channels have been widening. The import and export volume of foreign trade has increased from 4 million yuan in 1979 to 5 billion 491 million yuan in 2006, with an average annual increase of 30.7%.

Exports grew from US $2 million in 1979 to US $4 billion 950 million in 2007, with an average annual growth of 32.2%.

Quanzhou's export-oriented economy has improved continuously, and has established trade relations with more than 190 countries and regions. It imports hundreds of millions of primary products for reproduction every year, such as styrene, primary form plastics, synthetic fiber yarns, pulp, steel and so on, which guarantees the supply of raw materials for industrial production. The distribution of export products covers broad fields such as light industrial products, heavy industrial products and electromechanical products, high and new technology products, and has become the main producing area of garments, sports shoes, ceramics and handicrafts, Taketo products and other export commodities.

In 2007 1-11, the total delivery value of the whole society reached 79 billion 227 million yuan.

The strategy of "going global" has achieved good results. Since the middle of 1980s, some state-owned enterprises and investment companies have set up trading companies and marketing outlets in Hongkong and some developed countries. From the end of 80s to the middle of ninety years, Quanzhou's overseas investment mainly concentrated in some developed countries, and set up enterprises and representative institutions to engage in technology import and investment promotion.

Since 2000, the pace of overseas investment and pnational operation of Quanzhou enterprises has been accelerating.

In particular, under the guidance of the national industrial policy, a number of resource consuming processing enterprises went abroad to set up factories. Only in 2006, 11 stone production enterprises in the city were approved to set up overseas investment enterprises.

By the end of 2007, a total of 68 enterprises in Quanzhou had been allowed to invest abroad. The main overseas investments were Vietnam, Japan, Philippines, Malaysia, Indonesia, Hungary, Russia, Czech, Germany, the United States, Egypt and other countries and regions.

Vigorously carry out foreign economic and technological cooperation, in 2007 1-12, signed a contract amount of $30 million 940 thousand, completed the turnover of $26 million 170 thousand, expatriate all kinds of labor personnel 2737 people.