Industrial parks push Yinchuan to new heights

Between January and February, the total output value of industries above designated size in Yinchuan city's industrial parks reached 12.927 billion yuan ($2.03 billion), representing an increase of  26.07 percent year-on-year.

The city's fixed asset investment totaled 782 million yuan, an increase of 107 percent year-on-year, of which industrial investment hit 741 million yuan with an increase of 190 percent year-on-year. Additionally, tax revenue reached also 620 million yuan with an increase of 36 percent year-on-year.

During the same period, a total of 11 projects with an estimated investment of 8.739 billion yuan were signed in Yinchuan's industrial parks. Among them, the Yinchuan Economic and Technological Development Zone signed five projects with a total investment of eight billion yuan. The Yinchuan High-tech Industrial Development Zone signed two projects with a total investment of 632 million yuan, and the Ningxia Suyin Industrial Park signed four projects with a total of investment of 1.07 billion yuan.

This year, the industrial parks in Yinchuan plan to implement 19 infrastructure construction projects, with a total investment of 4.98 billion yuan and an annual investment of 2.019 billion yuan.