Hainan Yangpu Shentou Port formally opened up
This now means that Yangpu is the largest open-door port in the South China Sea regions.
Experts have also pointed out that the opening of Shentou Port will great promote the island’s 8 pillar industries which include modern logistics, ocean economy, emerging industry and high technology.
In recent years the Hainan Yangpu Economic and Development Zone has make full use of the regional and policy advantages to develop oil and gas production, which is in line with the national strategy of developing the oil and gas resources in the South China Sea.
In 2012, 23 key projects were under construction in Yangpu, involving large-scale petrochemical projects, oil and gas reserves. The total investment is 93.1 billion yuan.