Northeast China's Heilongjiang Province is working hard to revitalize its economy by setting up an industrial park Harbin in the provincial capital.

According to Wang Shihua on Tuesday, vice-mayor of the city, the new industrial park will be located in the city's Songbei district, with an area of 29.94 sq km, including three subordinate parks -- Qianjin, Songpu and Wanbao.

As a key project for the city's development, Wang noted, the industrial park has been given priority in Harbin's development plan.

He explained that a series of policies have been drawn up so as to attract investment from both China and overseas, and that 13 related local government departments will provide all-round services for the new park, ensuring a good investment environment.

So far, 11 investment agreements had been signed, involving 648million yuan (about US$78.4 million), and another 12 projects worth a total of 800 million yuan (US$96.4 million) are under negotiation, Wang said.

(Xinhua News Agency 7, 2004)