New bonded zone inaugurated in Xinjiang
URUMQI - A comprehensive bonded zone has been launched in Urumqi, the third in Northwest China's Xinjiang Uygur autonomous region.
The zone, covering 2.4 square kilometers, is in the northwestern part of the regional capital, near a container hub for railway transport, an expressway and an international airport.
Investment of the zone reached 2.8 billion yuan ($430 million) and 31 companies were attracted to be located there, said Zhu Gang, director of the zone's administrative committee.
With the advantages of Urumqi as an international land port and freight trains connecting China and Europe, the zone will help with construction of the Belt and Road in Xinjiang, said Zhu.
Xinjiang currently has three bonded zones, with the other two in Alataw Pass and Kashgar.
- UK companies seeking larger role in China
- Defense spokesman says Japan risks becoming 'source of turmoil' in East Asia
- Patients as pioneers: A doctor changes cancer research in China
- China-Europe flights emerge as summer travel hotspot
- Blueprint unveiled for Beijing's project 2035
- Summer wheat harvest set to expand nationwide as weather improves
































