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Toutunhe speeds up development
2018-09-25 source:Chinadaily
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The Urumqi Economic and Technological Development Zone (Toutunhe district) has sped up reform and opening up since the beginning of 2018.

Employees of the Urumqi Multimodal Transport Center load and unload containers. [Photo/xinjiangyaou.com]

Toutunhe district has gone to the Beijing-Tianjin-Hebei region, the Pearl River Delta, and other regions to attract investment in automobiles and supporting parts, high-end equipment manufacturing, electronic information, and new materials. It has achieved remarkable results.

In the first half of this year, Toutunhe district introduced a total of 30 projects with a total investment of 31 billion yuan ($4.53 million), while at the recently-concluded 6th China-Asia-Europe Expo, 41 projects with a total contract value of 75.78 billion yuan were signed into effect.

At the beginning of September, Zheng Peng, the general manager of Guangdong Shantou Jiyuncang International Logistics Co chose to cooperate with Urumqi International Land Port Area (UILPA) due to its advantageous location after inspecting the freight trains in Guangzhou, Chongqing, and Xi'an.

Guangdong Shantou Jiyuncang International Logistics Co has a strong supply of goods, while UILPA has supporting stations and preferential policies with a strong atmosphere of openness and innovation, which can benefit both parties, Zheng said.

In 2013, Toutunhe district became the first "100-billion-yuan industrial park" in Xinjiang, with its fiscal revenue exceeding 10 billion yuan in 2015.

At present, there are more than 9,000 registered enterprises in Toutunhe district, among which 43 have a total industrial output value of over 100 million yuan, 87 enterprises pay over 10 million yuan in taxes, and 47 have received foreign investment.

About 80 percent of food and beverages in Urumqi and 38 percent of medicine in Xinjiang, as well as the first car in Xinjiang, are produced in Toutunhe district.

In addition, Toutunhe district has also opened rail-sea combined transportation lines across Eurasia in the Atlantic, Pacific and Indian Oceans.