Commerce, development and reform, industry and information technology, and energy authorities of north China's Inner Mongolia Autonomous Region jointly hosted an investment promotion event in Lianyungang City, east China's Jiangsu Province, on August 6, seeking to attract advanced high energy-consuming industries by leveraging the region's green power advantages.
Inner Mongolia signed 258 projects in green high energy-consuming industries in 2025, up 25.4 percent year on year. In the first half of 2026, the region introduced 261.14 billion yuan (about 36.5 billion U.S. dollars) of domestic investment, including 11.52 billion yuan in green high energy-consuming industries, and signed 180 related projects.
The region's installed new energy capacity has exceeded 175 gigawatts, while more than one-third of its electricity consumption comes from new energy. Its green power consumption has reached 200 billion kilowatt-hours. Through models including incremental distribution networks and direct green power supply, industrial and commercial electricity prices are 30 percent to 50 percent lower than in neighboring provinces.
The event focused on new chemicals, new materials, biomedicine and equipment manufacturing. Representatives from relevant Inner Mongolia departments and localities presented their investment priorities and industrial strengths, seeking to align them with Lianyungang's industrial base.
Inner Mongolia Miraculous Crop Science Co.,Ltd., an investment of Lianyungang Liben Crop Science Co., Ltd. in Alxa League, invited enterprises along relevant industrial chains to the event. Lianyungang Yingyou Textile Machinery Group Co., Ltd. said it hopes to leverage Inner Mongolia's wind and solar power resources to develop energy-intensive carbon-fiber processing and provide material support for local wind and photovoltaic equipment manufacturing.
(Edited by Tian Shenyoujia with Xinhua Silk Road, tianshenyoga0524@163.com)
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