Donghai County launches 72 projects worth 12 billion yuan

15:36, March 25, 2011      

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Donghai County recently launched 72 industrial projects, which are mainly in the silicon sector, in order to meet its goals of developing itself into a national-level leading industrial cluster base and establishing two domestic largest quartz crucible and silicon wafer dicing material industrial clusters. This implies a good start for the county's industrial economic development in the first quarter of 2011.

The investments in the 72 industrial projects in Donghai County will total 12 billion yuan, including 68 projects with investments of more than 50 million yuan each, 26 projects with investments of more than 100 million yuan each and five projects with investments greater than 1 billion yuan each. In terms of the sectors, more than half of the newly-started projects are in the silicon sector, with investments totaling 8 billion yuan.

Guan Yongjian, secretary of the Donghai County Party Committee and director of the Standing Committee of the Donghai County People's Congress, said that during the process of developing the industry represented by the silicon sector, Donghai has insisted on entering into the high-end areas of each sector and relying on the upgrading and transformation of leading sectors to accelerate the new type of industrialization across the county.

To develop the county into an innovation-driven city and achieve explosive industrial development, Donghai County has intensively launched these new projects to strengthen the core competitiveness of related sectors. The output value of Donghai County's silicon sector topped 20 billion yuan in 2010 and is expected to exceed 30 billion yuan in 2011.

The number of projects that started in 2010 and require more than 30 million yuan of investments each reached 157, including 103 projects each with investments greater than 50 million yuan, 42 projects each with investments of more than 100 million yuan and four projects each with investments of more than 1 billion yuan. The silicon sector has become a major driving force behind the county's rapid economic growth.

By People's Daily Online
  Weekly review  


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