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Beihai development zones in full swing

Beihai under the red pointer

Beihai under the red pointer

An industry shift from the Yangtze and Pearl river deltas has brought an enormous development opportunity to Beihai, a coastal city in the Guangxi Zhuang autonomous region.

Beihai lured 35 projects from the eastern region in the first half this year, with total investment of RMB17.667 billion ($2.59 billion). Actual capital used in that period was RMB2.61 billion.

The Pan-Beibu Gulf Sub-regional Economic Region was launched in 2006.

With a population of 12.55 million and a land area of 42,500 sq km, the Guangxi Beibu Gulf Economy Area is the biggest multi-regional cooperation area in the country, covering the administrative areas of four major cities — Nanning, capital of Guangxi, Beihai, Qinzhou and Fangchenggang — which together are known as “NanBeiQinFang”.

The area’s development plan is already bringing industry and investment to NanBeiQinFang with Beihai leading the way.

Much, much more on this HERE.
Source: China Daily

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