(CQNEWS) Chongqing (Yubei) Taiwan Merchant Industrial Park starts construction officially on November 3 in Shiping, Lianglu Industrial Park, Yubei District. 

　  This is one of the three planned electronic industrial bases, and the important place to shoulder the industrial transfer from the east China. 

　  Approved by Chongqing government on June 13, this industrial park mainly attracts Taiwan merchants to develop information industry and equipment manufacture mainly, together with modern services and third party logistics simultaneously.  

　  The overall planned construction area covers about 10km², in which the construction of 5km² is initiated. The construction will be completed in 2012, with the annual total output of 20 billion yuan. All of the construction is estimated to be finished in 2018, with the annual output of over 100 billion yuan. 

　  Recently, 4 Taiwan enterprises have contracted to settle in the park, with the total investment of 380 million yuan. (Translated by Shi Yanling, Fathom Language International)