Construction on an industrial base worth 12 billion yuan ($1.74 billion) began in Haiyan, a county in Jiaxing, East China's Zhejiang province, on Aug 27, local media reported.

The industrial base, invested in by the Shanghai-based Shanying International Holdings Co Ltd, will include three zones for research and training, green manufacturing, and cyclic utilization respectively.

The research and training zone will include a research and development center, an information sharing center, a supply chain center, Shanying College, and other supporting facilities to make information sharing among departments possible.

The green manufacturing zone will bring in first-class equipment from Germany and Finland to produce high-grade paper and several advanced production lines for eco-friendly packaging.

The cyclic utilization zone will introduce facilities to treat industrial wastewater and generate electricity by burning paper-making waste, civil sludge, waste cloths, and other flammable industrial solid waste.

The entire project can be traced, visualized and shared via a big data cloud platform, making the traditional industry more automated, intelligent and eco-friendly.

Shanying is an international supplier of solutions to industrial internet platforms, the comprehensive usage of green resources, industrial and specialty paper manufacturing, and customized packaging products.

Construction on an industrial base worth 12 billion yuan ($1.74 billion) begins in Haiyan, a county in Jiaxing, East China's Zhejiang province, on Aug 27. [Photo/cnjxol.com]