A celebration meeting on the 15th anniversary of the Daxie Development Zone of Ningbo was held last Wednesday. The Daxie Development Zone was launched in 1993 by CITIC with the approval of the State Council. So far it has introduced 276 projects, with overseas investment totaling 1.5 billion US dollars and domestic investment RMB 16 billion yuan. A total number of 30 berths have been established, with sizes varying from 20,000 DWT to 250,000 DWT and the cargo throughput has reached 200 million tons. Altogether the government has put in 4.32 billion yuan for infrastructure construction. The developed land totals 15.81 square kilometers.