The construction of Zhanjiang's Baosteel factory and related supplementary projects are expected to transform the former fishing sanctuary of Donghai Island into a newly modern industrial town.

Covering nearly 500 square kilometers, Donghai Island is the fifth largest island in China.

To facilitate its transformation from a sleeping fishing enclave to a modern industrial center, the construction of a new central business district, costing more than 3 billion yuan ($461.5 million) began last month.