Established in 1985, Fuzhou Economic and Technological Development Zone is placed in Mawei District and listed as one of the 14 coastal open-up city economic and technological development zones approved by the State Council to open up and enjoy preferential policies.

It is also the only state-level industrial base in the country opening to the outside world to integrate the functions of state-level development zone, bonded zone, Taiwan business investment zone, science and technology park, and export-oriented processing zone. It is now accommodating 2,195 enterprises, including 12 of the world top 500 businesses, such as Hitachi, Epson, Ricoh, JVC and LG.