CLOVERDALE, CA, May 18, 2016-

China Hi-Tech Group Corporation (CHTC) broke ground for an enormous planned Nonwoven Industrial Park in Xiantao, Hubei Province late last month, according to China Nonwovens & Industrial Textiles Association, the governmental website of Xiantao City and local media.

The Xiantao Daily reported that a total of 3.5 billion yuan ($537 million) will ultimately be invested in this site, which covers an area of 500 acres. After the park is fully completed, its annual output is expected to be in the range of 10 billion yuan. The whole project is expected to be finished within five years.

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