Massive steel, petro projects, yet environment good, says govt
Despite a sluggish world market, foreign trade in Zhanjiang, a port city in Guangdong province, grew 17.3 percent annually to hit $5.513 billion last year.
Fenyong Hi-tech Economic Zone in Zhanjiang has attracted investment from 23 enterprises, with at least five to base their factories in the new zone this year, said local officials.
As the new host of the China Marine Economy Expo, Zhanjiang aims to make it another engine in China's rising maritime power, a senior official said.
Zhanjiang, a trial area for medical insurance reform, is stressing healthcare aid and treatment of critical illness this year, said Chen Yun, the city's deputy mayor in charge of social security.
Known as "prawn city", Zhanjiang is expanding production and improving product quality in its aquatic agricultural bases.
Guangdong Jinling Sugar Industry Group Co is tasting sweet success in its industry now that it has become the second-largest refiner of soft white sugar from raw sugar.
Surging borrowing costs are threatening China's economic growth this year, an economist from a top domestic think tank warned.
Despite an overall increase in China's pharmaceutical foreign trade, growth of its exports showed signs of slowing down in 2013, a chamber of commerce group reported.
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Raymond Zhou
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Chen Weihua
