District gets bank loans Potou district signed a loan agreement with the Zhanjiang Branch of China Construction Bank (CCB) on July 11, according to Zhanjiang Daily.mini storage Under the agreement, the bank will loan 5 billion yuan ($806 million) to Potou district over five years to fund the construction of urban facilities and infrastructure as well as scientific and industrial zones. Liu Xiaohua, Party chief of Zhanjiang, said innovation will be the focus in the near future.Construction starts on highway Construction on the long-awaited Leizhou Peninsula Loop highway kicked off in Zhanjiang's Xuwen county in the southern tip of the Chinese mainland on July 7. The 325-kilometer-long eight-lane highway will have a speed limit of 100 kilometers per hour and is expected to be complete in three years. It will link the cities of Zhanjiang and Leizhou as well as the counties of Lianjiang, Xuwen and Suixi in the Leizhou Peninsula to the national highway network.Potential HK investors pay visit To promote trade and investment, entrepreneurs from Hong Kong sought out business opportunities in Zhanjiang last week, local media reported. Led by a senior executive from the Hong Kong Council for the Promotion of Trade, the Hong Hong businessmen visited more than 10 local companies in the fields of tourism, yachts, real estate, papermaking, agricultural sself storageiences and traditional Chinese medicine.Paper partnership moves forward Zhanjiang Mayor Wang Zhongbing met with Chen Hongguo, chairman of Shandong Chenming Paper Holdings Ltd last week to further strengthen cooperation in papermaking. With rich natural resources, the city aims to be one of the leading players in forestry and papermaking in the future, Wang said. Chen said the company will expand investment in Zhanjiang to help speed up the city's economic development in the foreseeable future.Govt forms ties to develop port Zhanjiang will promote cooperation with Shenzhen Yantian Port Group Ltd in port construction in the next few years, local media reported. Liu Xiaohua, Party chief of Zhanjiang, said the city is now looking for cooperative opportunities with other ports and companies in an effort to make the coastal metropolis into a modern port city. Li said Zhanjiang has huge potential in terms of port development.Partners sought for rail projects The local government of Zhanjiang is seeking cooperation with other cities in construction of urban light railway and metro projects. The current poor highway network has become a bottleneck for Zhanjiang's economic growth, and the city will expand cooperation with the MTR Corporation (Shenzhen) Ltd in railway construction in the following years, said Mayor Wang Zhongbing.China Daily迷你倉
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