The investment agreement of China Sciences Green Vally Biotechnology Industrial Demonstration Park Project was signed in Huai'an on December 15th. Qi Shouyu, Member of the Standing Committee and Executive Vice Mayor, attended the signing ceremony.
The project is located in Mingzulin Town, Xuyi County of Huai'an. It is invested by South China Botanical Garden, CAS, CITIC Jianming Group, AVIC Shixin Energy Conservation Technology (Beijing) Co., Ltd. and Xiamen Qinlvyuan Agricultural Technology Co., Ltd. The project covers an area of 15, 000 mu and the total investment is 1.5 billion yuan. It is aimed to create an integrated industrial system containing modern and efficient agriculture, health industry and tourism industry. Its successful introduction will accelerate the development process of the local efficient ecological agriculture and circular economy from crop farming and animal husbandry to intensive timber processing. It is expected to realize an annual profit of 150 million yuan after the project is completed and put into operation.