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The 16th annual Shandong-Taiwan Economic and Trade Fair has attracted over 600 enterprises from both sides.
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Eco-economic zone to be set up in Shandong
2009-12-07

An "efficient eco-economic zone" will be built near the Yellow River Delta, the last untapped big river delta in China, hexun.com reported.

The State Council recently announced the approval of the "Development Plan of an Efficient Eco-Economic Zone at Yellow River Delta" proposed by the National Development and Reform Commission (NDRC).

The "efficient eco-economic zone" will be modeled on an ecology-friendly and intensive mold encouraging a circular economic and industrial system and green factories which discharge few or zero waste, according to reports.

The zone will cover 26,500 square meters and 19 cities and towns in Shandong province, east China - one sixth of the land area of Shandong.

"It will provide a good chance for Shandong's economy to take off," an unnamed official said.

It's estimated that the region's GDP will reach 930 billion yuan ($136 billion) by 2015 and 1.5 trillion yuan ($ 219 billion) by 2020, the report said.

Editor Li Jing

Source Chinadaily.com.cn

 
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