The Daishan sub-area of the Zhoushan area of the China (Zhejiang) Pilot Free Trade Zone in East China's Zhejiang province has since this year been making efforts to attract more investment to its petrochemical industry. 

For example, authorities in Daishan county have set up a database that provides information about enterprises engaged in the supply, production, service and sales of the petrochemical industry. The database has since this year collected information about 940 enterprises focused on chemical raw materials and chemical products manufacturing, rubber and plastics industry, and petrochemical equipment manufacturing. 

Authorities have also held a series of sessions to explain relevant policies to investors, during which deals for five projects were secured. These projects, worth a combined 4.3 billion yuan ($614.77 million), are related to high-performance resin materials and modified engineering plastics. 

Authorities have established a special team that has engaged with 785 enterprises so far this year. Fifty-two of these companies intend to make investments in the county. 

The local government has also been leveraging its industrial parks to attract investment. 

The Ningbo Institute of Materials Technology and Engineering, Chinese Academy of Sciences (CAS) has launched a project in the county's new material industrial park that is currently home to enterprises focused on new materials of high-end equipment, new-generation electronic information, biomedicine and new energy. 

To date, the county has welcomed 19 industry-leading enterprises that will play a crucial role in establishing a complete petrochemical industrial chain.