10 firms to settle in mining district’s innovation park

A total of 10 businesses are to open in the Enclave Economy Innovation and Entrepreneurship Park with cooperation agreements signed at an investment promotion conference held on Dec 29, reports Baotou Daily.

Located in Bayan Obo mining district of Baotou, Inner Mongolia autonomous region, the innovation park was set up in 2016. Main businesses cover areas including big data, e-commerce, advanced technology, and rare earth high-end products.

The park was selected as a city-level demonstrative innovation park incubation base in December 2017. So far, a total of 41 businesses have been established in the park.