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Indiaexportnews.com

Inner Mongolia trade value up 6.5pc

  04.02.2014    

Northern China's Inner Mongolia Autonomous Region posted a year-on-year 6.5 per cent increase in trade value to US$12 billion in 2013, reports Xinhua.
Inner Mongolia introduced a series of supportive measures to promote foreign trade and port development in 2013 as foreign investment increased 12 per cent year on year to $4.4 billion.
Bordering Outer Mongolia and Russia in the north, Inner Mongolia is also home to the largest overland Sino-Russia Manzhouli checkpoint and the Sino-Mongolia Erenhot checkpoint.
Inner Mongolia authorities in plan to accelerate construction of the National Key Development Experimental Zone in Manzhouli and the Sino-Russia-Mongolia Cooperation Pilot Area in Hulunbeir. They will explore the possibility of setting up a Border Free Trade Zone and Cross-border Economic Cooperation Zone to further enhance and open its economy.


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