NORTHERN China's Tianjin is to build a high-end cold chain logistics park in its Xiqing Economic-Technological Development Area, reports Xinhua.

With a planned area of six square kilometres, the Saida logistics park will be jointly constructed by Tianjin Xiqing development area and Xinkou town in Xiqing district.

The facility has attracted six enterprises such as two e-commerce logistics companies, one logistics supporting service enterprise and one high-end agricultural products exhibition trading company, with a total investment of CNY4.4 billion (US$708.4 million).

The logistics park will focus on the construction of three major projects. One will be a high-end cold chain logistics project with a service centre to focus on e-commerce. Another will be a trade logistics park, with a focus on pharma one for modern industrial service and logistics auxiliary facilities.

After completion of the first phase, its annual sales is expected to reach CNY10 billion with annual rate of CNY300 million.