China's west e-business port was formally launched on May 11.
The project, under the help of US Utah state government, Sino-US Productivity Center, Compaq, etc., initiated by the people's government of Ningxia Hui Autonomous Region, was co-invested by several listed Chinese companies in Yinchuan, Guangzhou and Xiamen.
The project will help China's west achieve speedy fullest exchanges of information, products and personnel on the Internet with the outside world. So far, things have been made accessible by up-to-date optical fiber transmission network and other infrastructure construction projects to provide links for Ningxia from within with the without world. Setting up an e-business platform is much less in investment than building roads and railways. To solve the problem arising from a lack of personnel and technology, the project will see to it that a new cooperation mode is to be developed with well-run listed companies, noted multinational companies and higher educational institutions in Beijing.