A total of 12 cooperative projects contracts were signed at the Yinchuan Comprehensive Bonded Area in Yinchuan City, Ningxia Hui Autonomous Region, on April 15. The investment volume of the projects is expected to surpass 1 billion yuan, according to the contract signing ceremony.
Those projects, covering industries like cashmere textile, electronic product processing, Halal food, health products and Muslim commodities, conform to the industrial supportive policies and functions of the bonded area, said Jin Ping, the vice-director of the construction headquarter at the bonded area. The import and export volume at the area reached US$ 1.73 billion in 2014. Until now, there have been 115 enterprises at the area and the foreign trade volume this year has reached US$ 446.4 million.
