The Dalian Economic and Technological Development Zone plans to attract more world-class projects by 2012 by building three industrial clusters at about RMB100 billion each.
In July, the State Council approved a plan to increase development of the Liaoning coastal economic belt with the coastal city Dalian as a core element.
Zhang Shikun, director of the zone’s administrative committee, said, "We plan to develop the zone into an important petrochemical center in northeastern China, an advanced manufacturing hub in the province and an electronic information distribution center for northeast Asia."
Equipment manufacturing is another pillar industry of the development zone. The sector had an industrial output value of RMB54 billion in 2008. The figure is projected to rise to more than RMB70 billion this year.
Some 300 enterprises now make equipment in the zone.
Chinese Stock Information said that in addition to the RMB100 billion industry clusters, the development zone will also foster two RMB10 billion sectors in the next three years.
One is for the photoelectron industry while the other is the biomedical industry with an annual output target of RMB10 billion by 2011.