Inner Mongolia National Hohhot Economic & Technological Development Area

Founded in 1992, Inner Mongolia National Hohhot Economic & Technological Development Area (国家级呼和浩特经济技术开发区) was named as a national-level development zone by the State Council in July 2000. With a population of 120,000, the zone covers an area of 40 square kilometers and will expand to 240 square kilometers in the future.

It is composed of seven parts -- Shaerqin, Ruyi and Jinchuan industrial parks, Hohhot National Export Processing Zone, Baita Airport Logistics Park, a national pioneer park for overseas students (national incubator of S&T companies), as well as the Shaerqin town.

In 2014, total industrial output reached 35.5 billion yuan in the zone, creating public budget income of 1.51 billion yuan(S22.29 million). Investment in fixed assets reached 22.5 billion yuan, 9.51 billion of which was in industrial fixed assets. It also attracted domestic investment totaling 9.45 billion yuan, while foreign investment reaching $12.91 million.

Its industrial structure with local characteristics is made up of dairy processing, electronic information, bio-medicine, refining and processing of precious metals, new materials, new energy, machinery manufacturing, and textiles and garments.

The zone has fostered famous brands, such as the Yili Group, Inner Mongolia TCL Electrical Appliance Company, and Skyworth Electronics (Inner Mongolia) Co.