Maoming on verge of transforming and upgrading its economy

Maoming in western Guangdong province is on the cusp of transforming and upgrading its economy by boosting its new energy industry, extending the industrial chain of its petrochemical sector and tapping the potential of its coastlines.

Dubbed the "southern oil city," Maoming was built on oil shale discovered here in the 1950s, with oil refining and its petrochemical industries accounting for the lion's share of the local economy.

Negotiations are now going ahead for a massive propane dehydrogenation project in the city to create a gas chemical cluster in the port-side of the Binhai New Area, Xu Zhihui, Party secretary of Maoming, said in an interview with China Daily.