Dalian Automobile Logistics City in full swing

Dalian Automobile Logistics City is in full swing, according to a working conference of the bonded zone in Dalian, a port city in northeast China's Liaoning province, August 5, 2012.

A total of 27 projects focusing on motor vehicles and components have received a total investment of 10.6 billion yuan ($1.7 billion) and are under construction now. Sixteen projects will be finished and put into operation at the end of this year.

Dalian Automobile Logistics City has also signed cooperation contracts with the Dalian branch of the China Development Bank and China Construction Bank, receiving loans of 980 million yuan.

Edited by Zhao Qian and Michael Thai