Zhoushan is China's biggest archipelago and is also the country's 4th special development zone after Shanghai, Tianjin and Chongqing. Zhang Ningben travelled to Zhoushan and shows us how it's building up its marine economy.
From China’s top cannery to drugmaker -- Hailisheng Group is a story of Zhoushan in transition.
60 percent of Hailisheng’s medical products are made from materials from the sea--like tuna. But the popularity of the fish means a fight for supply.That’s why Wang is looking further afield.
Zhoushan’s fishing industry is worth around 15 billion yuan a year. Wang hopes his company’s annual sales of marine health care products can hit 80 million yuan by 2015.
The center opened last year and did 150 billion yuan in spot trading in 2012.
Yang says the center is also giving incentives to draw traders to Zhoushan.
Xia Xinkang moved his electrolytic copper trading company here from neighboring Ningbo.
Then there’s Zhoushan’s geographic advantage for logistics--with one fifth of China’s deep water coastline. Earlier this year, the State Council approved the establishment of the Zhoushan Port Integrated Free Trade Zone.
Zhoushan plans to differentiate itself from nearby ports.
Zhoushan’s bulk cargo throughput is expected to reach 400 million tons a year by 2015, double that of 2010. Just one of the indicators that Zhoushan’s economy is going way beyond just seafood.(Source: CCTV)