Zhaoqing’s copper mining. China Telecom invests RMB 6 bill in Foshan. IT pressed in Dongguan and Zhuhai. Zhongshan’s mayor hammers out green energy points.
Copper mining
Count it: RMB 500 billion. That’s the current market worth for 30 million tons of copper ore. Which may come as good news to the residents of nearby Zhaoqing, whom will soon see their county become an industrial mineral resources base over the next few years, say reports. The local Zhuyuanding mountain in Kaifeng is sitting on at least 294,910,000 tons of precious minerals, of which copper constitutes well over 40 percent, say reports. The deposit also contains huge bodies of the precious metal molybdenum.
China Telecom invests RMB 6 bill in Foshan
China Telecommunication’s Guangdong subsidiary will invest RMB 6 billion into Foshan to foster information engineering, according to reports. The package entails speeding up “e-government” and enhancing the city’s infrastructure for improved information services. As much as RMB 1.5billion in investment will go to information infrastructure to develop wireless POS and a family POS terminal in order for better water, electricity, coal gas and other public utility services.
There is an increasing need to bolster information services in Foshan as it integrates with Guangzhou. And as it continues to prosper. In the first five months of this year, Foshan was one of the fastest growing economies in the Pearl River Delta with a year-on-year increase of 21 percent. Most of this stemmed from domestic stimulus packages. After all, for this same period the city has witnessed a 22 percent decline in foreign exports since April 2008. For the first five months of 7.9 percent, foreign direct investment dipped 7.9 percent, according to reports.
Silicon lakes and parks
Guangdong Communist Party Chief Wang Yang wants to revamp Dongguan’s 8,820 acre Songshan Lake industrial park into an “IC Silicon Vally” of the Pearl River Delta. Party Chief Wang Yang recently announced that he mainly wants to attract Taiwanese electronic firms for enhanced IC development at the park. He said, ”Songshan lake tech industrial park has a first-class environment with a mature production process. It is an industrial leader and R&D leader…located in an ‘IT gold corridor,’”
Other cities in the Delta are also developing IT initiatives.
Zhuhai mayor’s Zhong Zhijian is touting IT, particularly Fushan Industrial Park. The mayor of the seaside Special Economic Zone (SEZ) is pushing Fushan as major manufacturing hub for SME’s. Incentives in the works for foreign and domestic SMEs include, “cultivating and developing social security systems” for company “survival problems” and for the “livelihood” of employees, he said.
Zhongshan energy
Zhongshan Mayor Li Qihong has said that he wants to promote energy saving industries and measures to protect the local enviroment. May Li recently told reporters that, “Zhongshan’s new energy industry has a good future. The current international finance crisis has brought the opportunity for new energy industry development, which will become our new international competition strategy.” She further said that, “Zhongshan wants to skip the shortcomings of traditional development models, in order realize energy conservation development transformation.”
This, she stresses, will, “create a new industrial road which is low investment, low consumption, low pollution and high benefit… enterprises needs to catch the opportunity, to develop the new energy industry, to achieve the readjustment of the economic structure and the industrial upgrading.” And to do it all it Zhonghsan….
