Comments() 
Print 
Mail 
Large Medium Small
The State Council approved the opening of five docks around Ningbo city and Zhoushan city in Zhejiang province.
In addition, a planning program for the establishment of a free-tax zone in Zhoushan port is also set to be approved.
"Zhoushan port's opening up will directly promote the production capacity of industrial projects involving energy, chemical and ocean engineering," an official at the port management office in Zhoushan said.
The official also said the move will attract more investors to Zhoushan and that currently the construction of the new industrial area needs capital inflow.
The government will provide 20.5 million yuan ($3.23 million) in subsidies to the newly approved project.
According to the government's plan, a new industrial area with ocean equipment manufacturing, marine plants, as well as electronic information and logistic projects will be established.
baochang@chinadaily.com.cn
Michelle Obama addresses at Democratic National Convention
Slides of Yanbian: place, people and prosperity
Washington to remain focused on Asia-Pacific
RQFII target blue chips amid bear market
Australian recall for top two exporters
China fears new car restrictions
Copyright 1995 - 2010 . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263 Registration Number: 20100000002731 
