Zhanjiang surpasses project goals set for 12th Five-Year Plan

The city of Zhanjiang in Guangdong province has reached the goals set for its 12th Five-Year Plan (2011-15) and made marked progress toward the target of blazing a trail for industrial development over the past five years, according to officials of the city government.

As of the end of 2015, the city has launched 86 key industrial projects, with a combined investment of 72.6 billion yuan ($11.19 billion). The city ranks at the top in Guangdong province in terms of the number of projects and their investment amounts.

On?Sept 25, 2015, the first boiler at the Zhanjiang Baosteel Base went into operation. Industry experts say that with the inception of the second boiler, the base will generate an industrial output of 60 billion yuan each year and stimulate the development of supporting upstream and downstream companies in the steel industry.

Supporting facilities were kitted out at the crude oil terminal in Zhanjiang's Donghai Island this year. After a smooth clearance of the area, the terminal will be ready for further steps of the Sino-Kuwait Integrated Refining project.

The Guanhao industrial base for special and coated paper in the city has attracted an investment of 7.6 billion yuan this year. It is expected to produce 750,000 tons of paper each year upon its completion. That equates to more than eight billion yuan in industrial output.

Although at the beginning of the five-year period, the industries of steel, petrochemicals and paper were the basis for industrial development in the city, high-tech, pharmaceutical, home appliances, feeds and agriculture also made considerable progress during the five-year period.

In 2013, provincial officials ranked Zhanjiang Industrial Park first in Guangdong in terms of comprehensive capabilities.

It is expected that all the industrial parks in the city will have reached 113.4 billion yuan in output by the end of 2015, up 17 percent compared to last year, and will have netted 42 billion yuan in fixed-asset investment.

According to the city government, Zhanjiang plans to launch 313 projects during the 13th Five-Year Plan (2016-20), with a combined investment of 1.01 trillion yuan. That is thought to be the biggest investment in the city's history.

A view of the?launching ceremony?for the first boiler at the Zhanjiang Baosteel Base, Guangdong province. [Photo/zhanjiang.gov.cn]