Four industrial domains are shaping after nearly ten years’ development and construction in Daxie:

Port transshipment and storage industry focusing on the transshipment and warehousing of crude oil, petrochemicals, and containers transshipment;

Petro-chemical, iron and steel, and other port-related industries;

High-technology industry represented by new materials, biotechnology, medicine, electronic information industry;

The traditional industry with textile, clothing, household appliances, molding, machinery manufacturing as emphasis.

Port transshipment and storage industry are mainly located in the north east and north west part of the island, utilizing the deepwater coastline to construct crude oil transshipment base, containers terminals and multi-purpose terminals. The projects in operation include the crude oil transshipment base invested by Ningbo Port Authority and Sinopec, the 20,000 tonnnage general purpose terminal, etc,, and there are two 20,000-tonnnage terminals, one 5,000 terminal and four fifth-sixth containers terminal under construction. It is estimated that the handling capacity of Daxie ports will reach 20 million tons.

Port-related industrial projects are mainly located in the north and north-east of the island, making advantage of the deep water coastline and the spacious hinterland to construct large scale petrochemical and steel industrial base. Projects that have put into operation include LPG terminal invested by bp and its Chinese partner, Liwan petrochemical project with the annual production capacity of 500,000 tons high-grade asphalt. Daxie Wanhua industrial park with a total investment of RMB yuan 5 billion is under construction, PTA base project with annual production capacity of 600,000 tons has been approved by the SDRC, one steel plant with annual production capacity of 6 millions is preparing to start construction.

The high-tech industry and traditional industrial projects are mainly located in the west and south of the island, including new materials, biotechnology, medicine, electronic information and textile, clothing, household appliances, molding, machinery manufacturing etc. More than 100 enterprises from Taiwan , Japan, Itay, Hong Kong are developing together with domestic listed companies in the west and south industrial park of the island.