A total of 7.5 billion RMB will be invested this year to boost Guangdong Province's industry transfer, said the Provincial Finance Department on March 27.

Earlier in Mar 25, Chaozhou, Shantou and Yunfu respectively got 500 million RMB out of this fund for infrastructure improvement and attracting investments.

Chaozhou Industry Park focuses on hi-tech industry, advanced manufacturing, energy industry and advanced traditional industry. Shantou will expand the electronic industry, equipment manufacturing industry, textile and garments manufacturing and port-related industry. And Foshan will carry on machinery industry, metal material and part processing industry and building material industry.

In 2008, the province's industry transfer parks absorbed 60 percent of the local labor forces, and realized an industry output of 30.3 billion Yuan, with a tax of 2.77 Billion Yuan, which greatly drive the local economy.

Related government department is drawing up an overall planning for the regional layout of industry transfer, according to Nanfang Daily.

Editor: Yan