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Work starts on economic zone in Ningxia

25 October 2012
Construction has started of a new economic pilot zone and bonded area in Yinchuan, capital of Ningxia Hui autonomous region in northwest China.

The zone and the 4 sq km bonded area in the zone aim are designed to help open up China’s inland areas with countries located directly west of the country, said Wang Zhengwei, chairman of the regional government.

The establishment of the zone was approved by the State Council in September, and projects located here will be eligible to various preferential policies in investment, tax, finance and land use.

About 30 percent of Ningxia’s population is Hui, the largest Muslim ethnic group in China.
China hopes that the region will become a platform for boosting cooperation with Muslim states in central Asia and the Middle East.

     
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