New industrial park in established in new zone

New industrial park in established in new zone

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A new industrial base and park will be established in the Pingshan New Zone in hopes to attract more professionals and students to set up enterprises in their area. Overseas students will receive 150,000 or up to 450,000 yuan as start up investment if they decide to work in the new zone.

The new zone replaced the district government with a municipal office to reform the administration to reduce government levels. 100 projects are right now being constructed to reorganized land resources, industrial development, environmental optimization and livelihood. New energy, bio-tech and low carbon are the chosen themes for the new zone, with more than 15 million square meters set aside making it a perfect opportunity for Pingshan to upgrade its industries and boost high tech growth.

As of now Pingshan have 1,700 enterprises but only 300 are in the medium and large range enterprise. And by the end of the year the new zone will have invested 9.6 billion yuan in fixed assets.

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