Shenzhen to rebuild old industrial zones this year
18 industrial zones both for residential and commercial use will be reconstruct this year according to an urban renewal plan released last Monday, the city land authority of Shenzhen.
Shangbu (North) in Futian District, Chegongmiao Tairan Industrial Zone, Luohu District, Hongji Xunda Industrial District in Caopu, Yantian District and the No. 18 Zone in Shatoujiao, are the planned areas included for the renovation. The Shenzhen Municipal Urban Planning, Land and Resources Commission said that the city’s economy is developing rapidly and the demand for residential and commercial areas are increasing, and the areas for reconstruction are less feasible for industrial use.
Aside from the 18 industrial zones, public transport facilities, service industry, hotels and other public facilities will be included. The Dalang Subdistrict, Tiancheng project in Gaofeng Community, and Bao’an are the only industrial zones to be renovated.