The Economic Development of Zhundong Development Zone Enters a New Phase

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China Drying Network News The State Council recently approved the establishment of a new state-level Xinjiang Zhundong Economic and Technological Development Zone and implemented the current state-level economic and technological development zone policy.

In the reply issued by the General Office of the State Council on the establishment of the Zhundong Economic and Technological Development Zone in Xinjiang, the Zongdong Economic and Technological Development Zone shall be guided by the scientific development concept and thoroughly implement the opinions of the CPC Central Committee and the State Council on advancing Xinjiang’s leapfrog development and long-term stability. The spirit of the document is to make effective use of location advantages, optimize the industrial structure, further enhance the overall competitive strength, and give full play to the window, demonstration, radiation, and leading role.

After setting up a state-level economic and technological development zone, Zhundong will enjoy preferential policies in terms of administrative autonomy, finance, land, and foreign economic and trade policies. In terms of finance, related projects in the development zone will be more inclined by policy banks and strong support from commercial banks. In terms of land, the combination of economic development and land use will be more rational, intensive, and efficient use of land resources.

The establishment of the state-level Zhuodong Economic and Technological Development Zone is a new platform, new starting point, and new driving force for the development of the Zhundong economy, marking that the economic development of the Zhundong Development Zone has entered a new phase and will become the fastest economic development in Changji and even Xinjiang. One of the areas with growth potential.

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