Xinhua Silk Road - Belt and Road Portal, China's silk road economic belt and 21st Century Maritime Silk Road Website Xinhua Silk Road - Belt and Road Portal, China's silk road economic belt and 21st Century Maritime Silk Road Website
Subscribe CustomBlackClose

Belt & Road Weekly Subscription Form

download_pop

Research ReportCustomBlackClose

The full edition of the report is available at Xinhua Silk Road Database. You can click the “Table of Content” to have a general understanding of it.

Click on the button below to create your account and get immediate access to thousands of articles.

Start a Free Trial

Xinhua Silk Road Database
Local

China's Xinjiang inaugurates pilot free trade zone

November 02, 2023


Abstract : The Xinjiang Pilot Free Trade Zone (FTZ), the first in China's northwestern border regions, officially started operations on Wednesday.

This aerial photo taken on May 11, 2023 shows a crane loading containers at a railway port in Horgos, northwest China's Xinjiang Uygur Autonomous Region. (Xinhua/Hao Zhao)

URUMQI, Nov. 1 (Xinhua) -- The Xinjiang Pilot Free Trade Zone (FTZ), the first in China's northwestern border regions, officially started operations on Wednesday.

An unveiling ceremony for the FTZ was held in Urumqi, the regional capital city. Erkin Tuniyaz, chairman of the regional government, issued licenses for the three areas of the FTZ, encompassing areas in Urumqi, Horgos and Kashgar.

The total area of the FTZ covers nearly 180 square kilometers.

Erkin Tuniyaz said that Xinjiang will leverage its resources, geographical advantages, and industrial foundation to advance the construction of the FTZ with high standards and high quality.

The FTZ is expected to make a great contribution to Xinjiang's integration into the "dual circulation" of domestic and international markets, support the core area development of the Belt and Road Initiative, and play a significant role in building a "golden channel" between Asia and Europe, and a bridgehead for China's westward opening up, he added.

On Tuesday, China's State Council issued a general plan for establishing the Xinjiang Pilot FTZ as a significant strategic move for promoting reform and opening-up in the new era.

The plan will grant the FTZ greater autonomy in reform, allowing it to explore alternative paths to those of other FTZs, and cultivate and expand industries unique to Xinjiang or in which Xinjiang has advantages. 

Scan the QR code and push it to your mobile phone

Keyword: FTZ Xinjiang

Reading:

China International Supply Chain Expo completes exhibitor recruitment

China releases plan on establishing Xinjiang Pilot Free Trade Zone

Pakistan progresses with CPEC projects under BRI: PM

Pakistan's Balochistan to be tourism hub after inauguration of CPEC airport project, says official

China-Pakistan joint research center inaugurated to help mitigate climate change impacts in Pakistan

Write to Us belt & road login close

Do you want to be a contributor to Xinhua Silk Road and tell us your Belt & Road story? Send your articles to [email protected] and share your stories with more people.

Click on the button below to create your account and get im http://img.silkroad.news.cn/templates/silkroad/en2017te access to thousands of articles.

Start a Free Trial

Ask Us A Question belt & road login close

If you have any questions, please enter them in the box below.

Identifying code Reload

Write to Us belt & road login close

Do you want to be a contributor to Xinhua Silk Road and tell us your Belt & Road story? Send your articles to silkroadweekly@xinhua.org and share your stories with more people.

Click on the button below to create your account and get im http://img.silkroad.news.cn/templates/silkroad/en2017te access to thousands of articles.

Start a Free Trial