Border Economic Zone in Xinjiang Takes Shape

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Last updated at: (Beijing Time) Monday, December 17, 2001

Border Economic Zone in Xinjiang Takes Shape

The Yining Border Economic Cooperative Zone (ECZ) in northwest China's Xinjiang Uygur Autonomous Region has set up higher goals after 10 years of development.

By 2005, the industrial output value of the ECZ would reach RMB 200 million yuan (about 24.1 million US dollars) and its total export volume would hit 5.42 million US dollars.

Higher goals set up

The Yining Border Economic Cooperative Zone (ECZ) in northwest China's Xinjiang Uygur Autonomous Region has set up higher goals after 10 years of development.

Wu Baoji, an ECZ official, said that by 2005, the industrial output value of the ECZ would reach RMB 200 million yuan (about 24.1 million US dollars) and its total export volume would hit 5.42 million US dollars.

110 million yuan investment absorbed

According to Wu, the ECZ has absorbed an investment of more than 110 million yuan (about 13.25 million U.S. dollars) this year.

Many enterprises had moved into

By October, some 95 enterprises had moved into the ECZ. They are mostly enterprises of wine brewing, paper making, pharmacy, building materials, color printing and forestry.

Investment enrionment improved

To improve the investment enrionment, Wu said, the Yining city government has passed to the ECZ some of its functions such as tax collection and project approval, and called off 11 charges for administrative management, Wu said.

Goals

Established in the early 1990s, the 10-square-kilometer zone in Yining City targets both domestic market and central Asia, and hopes to boost local economy by using its advantages in geography, resources and policies.

Xinjiang Yining Border Economic Cooperation Zone

It is a Comprehensive economic zone with multiple levels, majoring in export-oriented and high technology business, industry and commerce. It was approved to be one of the national border economic cooperation zone by the State Council in June 1992.

Management Department:Economic Development Department of the Cooperation Zone

Address: Beijing Street, Border Economic Cooperation Zone, Yining City, Xinjiang

Postal Code: 835000

Tel: (+86)-999-8120443

Fax: (+86)-999-8128184

Higher authority: The People's Government of Yining

City of Yining

The city is in the middle of Yili River Valley. Against the Kegurqin Mountains and facing to River Yili in the south. In the Qing Times, it was the Ningyuan City, and now it is the capital of Yili Kazak Autonomous Prefecture. The city proper and its suburbs are like a huge garden with poplar, apple trees everywhere. Almost all the farmers, even some of the city residents, have their own orchards and tourists will be carried away by the fragrant smell of apples in autumn.

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