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Daishan becomes hot spot for investment

Updated : 2019-02-27 (chinadaily.com.cn)

Daishan county in Zhoushan, East China's Zhejiang province, was recently named among the 2018 Top 100 Counties in China for Investment Potential by the Chinese Academy of Social Sciences, in the 18th position.

The honor can be attributed to the remarkable economic and social progress that the county has achieved over the past year. 

It has advanced key national projects, with its green petrochemical base realizing an actual investment of 52.6 billion yuan ($7.86 billion), and its Shulanghu ore transshipment base hitting 50.25 million metric tons in cargo throughput.

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An ore vessel berths at the port of the Shulanghu ore transshipment base in Daishan county, Zhoushan, East China's Zhejiang province. [Photo/zj.zjol.com] 

Investment promotion has seen good results, with five petrochemical companies having settled in its new materials industrial park, and 24.8 billion yuan of investment from outside Zhoushan city having been introduced to the county.

The port economy has been strengthened as the county's port cargo throughput hit 130 million tons last year, marking the county's joining in the "100-million-ton port" club in China.

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