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Last updated at: (Beijing Time) Wednesday, January 07, 2004

Harbin to build new industrial park

Northeast China's Heilongjiang province is working hard to revitalize its economy by setting up an industrial park here in the provincial capital.


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Northeast China's Heilongjiang province is working hard to revitalize its economy by setting up an industrial park here in the provincial capital.

According to Wang Shihua on Tuesday, vice-mayor of the city, the new industrial park will be located in the city's Songbei district, with an area of 29.94 sq km, including three subordinateparks -- Qianjin, Songpu and Wanbao.

As a key project for the city's development, Wang noted, the industrial park has been given priority in Harbin's development plan.

He explained that a series of policies have been drawn up so asto attract investment from both China and overseas, and that 13 related local government departments will provide all-round services for the new park, ensuring a good investment environment.

So far, 11 investment agreements had been signed, involving 648million yuan (about 78.4 million US dollars), and another 12 projects worth a total of 800 million yuan (96.4 million US dollars) are under negotiation, Wang said.

Source: Xinhua


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