From January to November, the industrial output value above the scale of the Qinzhou Port area of the China (Guangxi) Pilot Free Trade Zone (FTZ) was 116.7 billion yuan ($16.72 billion), up 39.6 percent year-on-year.

At present, there are 58 industrial enterprises above the scale in the Qinzhou Port area of the Guangxi FTZ and all industrial enterprises are making extreme efforts.

The Qinzhou Port area of the Guangxi FTZ strengthens the integrated development of port, industry and city, and the new city construction featuring coastal and industrial resources has taken shape, producing a modern new community that can accommodate 100,000 workers and making available about 1 million square meters of standard factory buildings for direct import of high-quality industries.

In terms of the petrochemical industry, the total investment in the Qinzhou Port area of the Guangxi FTZ is about 90 billion yuan, and the annual output value will be over 100 billion yuan after full production. The Huayi Qinzhou Chemical New Materials Integration Base Project Phase I has been put into production, Phase II has been partially put into production, and the Phase III Phase I sub-project energy-saving report has been approved by the autonomous region and is accelerating project environmental assessment, safety assessment and other reporting and approval work.

The Qinzhou Port area of the Guangxi FTZ. [Photo/WeChat account: zmqqzgpq]