been confirmed as a provincial-level overseas economic and trade cooperation zone, becoming the first approved provincial-level overseas economic and trade cooperation zone in Jiaxing City, achieving a breakthrough of "zero" in Jiaxing's overseas economic and trade cooperation zone.
　　Adhering to the concept of "investing outside, utilizing resources outside, and providing returns within, and developing oneself", Zhenshi Indonesia Huabao Industrial Park has emerged. The park is located in Morowali County, Sulawesi Island, Indonesia, with a total planned area of approximately 20000 hectares, dedicated to creating a full industry chain processing and manufacturing base for "laterite nickel iron stainless steel" and "laterite new energy battery materials new energy batteries and recycling".
　　In March 2022, the Zhenshi Indonesia 2201&2202 project was fully launched, with ships of materials and batches of personnel going overseas, land acquisition and reclamation, logistics support, material procurement, on-site construction... All Zhenshi personnel overcame all difficulties, scientifically planned, ensured quality and quantity, and steadily promoted project construction. One by one, the park's "landmarks" demonstrating Zhenshi's speed were completed. The appearance of Zhenshi Indonesia Huabao Industrial Park is changing day by day, with temporary docks, living camps, canteens, and other facilities quickly put into use. Mixing plants, gravel lines, brick factories, and barge docks have been completed and put into operation. The park is planned to be initially completed and put into use by the end of 2023.
　　The approval of the provincial overseas economic and trade cooperation zone is the result of Zhenshi's extension of the "sweet potato economy" vine, and also highly affirms Zhenshi's positive response to the national "the Belt and Road" initiative. The construction of Zhenshi Indonesia Huabao Industrial Park will help domestic enterprises gather together to go global, accelerate the pace of "going global", reduce the cost of "going global", and utilize foreign advantageous resources to serve domestic economic development. It will actively promote international production capacity cooperation and global value chain layout, and achieve win-win results in both international and domestic markets.