The Ningxia-Beijing Economic and Trade Promotion Conference was held on August 6 in Beijing, delivering a strong boost to economic cooperation between the two regions.
The conference witnessed 11 deals worth 9.72 billion yuan ($1.43 billion), mostly for investment projects in new energy, tourism and new construction materials in northwest China's Ningxia Hui Autonomous Region.
Among the biggest projects, the government of Longyuan County, Ningxia, has teamed up with Beijing-based Longyuan Power Group to build a wind power project with an installed capacity of 300 megawatts.
"These ties with Beijing will help strengthen Ningxia's economic vitality. The green industries will also pave the way for the economy to grow," said Li Rui, Vice Chairman of Ningxia Hui Autonomous Region. |