Harbin Inspur Big Data Industrial Park broke ground on June 8 in Harbin New Zone – located in Harbin city, in China’s northernmost Heilongjiang province – according to local officials.

They said the industry park is an important milestone in the strategic cooperation between Harbin and Inspur Group, China's leading cloud computing and big data service provider.

It is among the key projects for the development of the new generation of the information technology industry in Harbin.

The planned investment for the industrial park, which will cover an area of 60,000 square meters, is 1 billion yuan ($141.4 million).

When put into operation, it will mainly host the Northeast China regional headquarters of Inspur Group, the Heilongjiang Cloud Center, a big data center, a blockchain innovation R&D center, a smart city operation center and business incubators.

According to the plans, Inspur Group will rely on the industrial park to attract first-class scientific researchers, build a cloud computing big data research and development base, an emerging business industrial base, new industrial technology research institutions and a high-tech enterprise incubator.

Beidahuang Inspur Information Co, a joint venture of Inspur Group and China's agricultural conglomerate Beidahuang Group, is the first company to apply to settle in the new industrial park.

A company spokesman said it will use its resources and technology to do business in Harbin in such fields as building smart enterprises, digital agricultural services and establishing an agricultural product trading services platform.