Beilun-Luotian Bearing Industrial Park built by Beilun District and Luotian County, Huanggang City in pairing cooperation, officially launched., which marked the pairing cooperation between them reaching a new stage.

Beilun-Luotian Bearing Industrial Park, with a total planning area of 250 mu, a total planned investment of 2 billion yuan, is planned to be build by three phases and completed within five years. The industrial park attaches great importance to introduce complete bearing products manufacturing enterprises and supporting enterprises. It plans to build intelligent production workshops, integrated warehouses, logistic centers, scientific innovation centers, etc. At present, there are two enterprises settling down in the industrial park and four intending to sign the agreement on settling down. After the completion of the industrial park, it is predicted to realize an annual production value of 1.5 billion yuan, profit and tax of 0.2 billion yuan and over 2,000 job opportunities.

As the first Ningbo industrial cooperation project substantially landed in Huanggang City, Beilun-Luotian Bearing Industrial Park, its officially commencement of construction will provide an exchange window, carrier for industrial development and win-win corporation platform for both Beilun and Luotian. (Correspondent: Chen Wenliang; Journalist: Mao Feiying)