BEIJING, July 18 -- Spurred by China's fiscal stimulus package, the freight handling capacities of the port in Yangpu Economic Development Zone reached some 12 million tons in the first half year, rising 3.5 percent over the same period last year, according to Yangpu Bureau of Economic Development, Hainan Province.
The tax income has gained 5.504 billion yuan, increased 17 percent compared with the same period last year.
The economic zone is stepping out of global recession slowly since second quarter this year. The delayed 1.6 million tons of paper plant project, a key project of Hainan province, resumed construction in July.
It is estimated that the cargo-handling capacities of Yangpu port will achieve 220 million tons in 2020. It is also planned to build 56 berths of 10,000 tons to 300,000 tons, including three of 300,000 tons and six of 250,000 tons in 2015.
Xinhua News Agency correspondents reporting from Beijing.