China's first demonstration park focusing on the application of ecofriendly permanent magnetic drive energy-saving technology has been established in Haibowan Industrial Park in Wuhai, North China's Inner Mongolia autonomous region, according to local media reports.

The park will make use of the industrial scale and special funds of the local circular economy industrial park and use world-class ecofriendly permanent magnet drive technology to save energy and reduce emissions and consumption by upgrading the park's equipment and optimizing its operation procedures. Efforts will be made to turn the park into a national model for saving energy.

A modern coal chemical technology innovation center has also been established, with Jin Yong, an academic from the Chinese Academy of Engineering, as its chief expert. Jin will help the center organize and carry out basic research and promote technological applications in the coal chemical industry, so as to develop traditional industries, strengthen emerging industries, improve regional innovation, and provide technical support for the conversion of kinetic energy.