Establishment of Projects Growing Vigorously

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In recent days, the establishment of Hubei Zhuming Biotechnology Project located in Yingcheng City was growing vigorously. It is planned to invest about 1 billion yuan to this project, with massive health industry its core, devoting itself to the research, development, production, and sales of cosmetics, wash supplies, health care products, and other products. After the Phase I was put into operation, its output value may reach 200 million yuan, with tax revenue of 12 million yuan, and the annual gross output will increase by more than 30% within 5 years, achieving the 1 billion yuan of the expected annual output value of the project. 

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