Country for PR: China
Contributor: Xinhua News Agency
Friday, December 06 2019 - 14:40
AsiaNet
Ordos Promotes Targeted Investment in Nanjing, with a Contract Value of 55.48 Billion Yuan
ORDOS, China, Dec. 6, 2019 /Xinhua-AsiaNet/--

According to Ordos Municipal Government of the Inner Mongolia Autonomous 
Region, the 2019 Ordos targeted investment promotion event for processing 
industries (equipment manufacturing and coal chemical industry chain) was held 
in Nanjing. Ordos signed a total of 49 cooperation projects with 51 companies, 
with a total investment of 55.48 billion yuan, involving areas of new energy, 
intelligent manufacturing, environmental protection technology, high-end 
manufacturing, etc. There are 17 projects in the Yangtze River Delta region, 
accounting for 34% of all projects.

This year, Ordos actively carried out cooperative investment, supply chain 
investment, and industrial chain investment. From January to September, the 
city signed 128 investment projects, with a contract value of 174.134 billion 
yuan, and an operating rate of 48%.

Behind the data is a clear path for the "modern city" of Ordos and the Yangtze 
River Delta to move towards a wider, deeper and higher level of cooperation. 
This is a strong driving force for the pursuit of high-quality development from 
a "coal mining economy" to "multiple areas".

Ordos is one of China's 14 large-scale coal bases, one of the nine largest 
coal-fired power bases, and one of four modern coal chemical industry 
demonstration zones. The proven coal reserves here are 210.2 billion tons, 
accounting for about one-sixth of the country's reserves. The proven reserves 
of natural gas are 4.92 trillion cubic meters, accounting for about one-third 
of the country's reserves. Ordos has become one of the main gas sources for 
China's natural gas transmission project from West to East.

Today, Ordos, China's "city of coal" and "city of gas", has taken a series of 
measures to enhance the momentum of its high-quality development.

At present, more than 15 million tons of coal chemical production has been 
built in Ordos, with an annual coal conversion volume of 65 million tons. The 
industrial chain has also extended to fine chemicals, graphene, polymer 
materials, and carbon materials. The installed capacity of natural gas 
coal-fired power has reached 20.31 million kilowatts. After the two UHV 
transmission channels and supporting power point projects of Mongolia 
West-Tianjin South and Shanghai Temple-Shandong have gone into operation, new 
electricity installations of 14.6 million kilowatts can be added. Projects such 
as Shenhua Coal Direct Liquefaction, Yitai Coal Indirect Liquefaction, and 
Zhongtian Hechuang Coal Deep Processing have been leading their various 
industries in China.

The non-coal industry is also flourishing, and strategic emerging industries 
have achieved fruitful results. In 2018, the first phase of 500,000 kilowatts 
of grid-connected power generation at the Dalad photovoltaic power generation 
application base, as well as wool spinning, ceramics, automobile manufacturing, 
high-end precision casting, cloud computing and biomedical industries have 
continued to develop. From a "difficult situation" to a "breakthrough 
situation", new green energy is steadily replacing the coal industry. The 
non-coal industry's added value accounts for 49% of the overall share, while 
the added value of high-tech industries has increased by 24.5%.

While intensifying the optimization of the industry's "permutations and 
combinations", Ordos continues to improve the environment for innovation and 
entrepreneurship.

High, low, scattered, quiet, leisurely... The "garden city" that changes from 
scene to scene continues to improve the concept of livability. Crowds, traffic, 
logistics, business opportunities... The "magnetic effect" of infinite 
possibilities constantly enlarges the field of the new city on the grasslands.

Ordos regards the "decentralization of service" reform as a "driver" for 
optimizing its business environment. The city is striving to do a good job to 
decentralize and simplify administration, strengthen supervision and optimize 
services. Ordos has achieved the government mandate of "One Network Office" and 
is actively promoting the construction of "Credit Ordos". It has been ranked as 
the safest city in China for many years and has created a modern urban living 
environment with stable law and order, good security, a pleasant place to live, 
and convenient for tourism and business. At the same time, there are 
preferential policies in areas such as industrial development, financial 
services, talent introduction, as well as "Internet +", logistics, exhibitions, 
innovation and creativity. For projects that have a significant impact on the 
promotion of regional development, the "one discussion on one matter, one 
policy for one enterprise" approach has been adopted to give greater policy 
support.

Respecting business, attaching importance to it, being close to it, and 
providing a stable environment have become the "golden business cards" of Ordos.

At the same time, Ordos has obvious transportation and industrial advantages. 
Guided by the conviction that "lucid waters and lush mountains are invaluable 
assets", it has been identified by the United Nations as the world's first 
"Eco-economic Demonstration Area". The "Kubuqi Desertification Control Model" 
provided China's plan for global desertification control. In March 2019, the 
Ordos Comprehensive Free Trade Zone was officially opened. Various projects, 
science and technology, human resources, capital, knowledge, and other vital 
factors are all gathering here... Regional value is even more prominent. "Ordos 
Blue" and "Ordos Green" add color to the high-quality development.

Supported by the prominent "Spring Garden" industries and led by the National 
Sustainable Development Agenda of building an Innovative Demonstration Zone, 
Ordos is working to create an ecological civilization in the Yellow River 
Basin, a national advanced demonstration zone for high-quality development of 
the modern energy economy, an integrated development demonstration zone for 
multi-regional ecological, cultural and tourist industries, and a high-quality 
development demonstration zone for modern agriculture and animal husbandry in 
desertification areas. A new path, with ecology at the forefront and green 
development at the core, is leading the way towards a "wonderful land" of 
high-quality development.

Source: Ordos Municipal Government