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Author/Source: Financial World Date: 2009-4-3 -------------------------------------------------------------------------------- It was recently learned from the Wansheng District Committee of Chongqing that the city will accelerate the development of the Wansheng coal chemical industry base in four key areas. It is reported that these four aspects are as follows: 1. Accelerate the completion of the park planning. Complete the planning, preparation, and approval of the 7-square-kilometer coal, electricity, and chemical industry base, including the planning for industrial zones, residential areas, and related supporting infrastructure. At the same time, improve all relevant procedures to turn the Chongqing (Wansheng) Coal Chemical Industry Base into a municipal-level park. II. Expand opening up to the outside world and accelerate cross-regional cooperation. In terms of interest distribution, the cooperating parties should adhere to principles such as market dominance, coordinated equality, complementary strengths, openness and fairness, as well as mutual benefit and win-win outcomes, in order to establish an effective mechanism for ensuring cooperation. III. Accelerate the development of transportation infrastructure at the base. For the renovation of the Sanjiang-Wansheng-Nanchuan Railway, the approach via Ganshui is proposed. At the same time, the Guanbaba Highway in Wansheng will be upgraded and connected to the highway, thereby providing transportation support for the coal chemical industrial park. IV. Support the self-development of the park. The taxes generated by the coal chemical industry base over 10 years can be used to improve the infrastructure there and to support faster financing for the base ; At the same time, Wansheng Power Plant is planned to be integrated as a power plant for use by the coal chemical industry base, thereby providing support for the development and strengthening of the base.
Wansheng District is home to Chongqing’s coal-electricity-chemicals industry base. Dongfang Xinxīwàng has built a 200,000-ton acetic acid production facility covering 500 mu in Guanba Town, Wansheng District, utilizing coal slurry to produce gas