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Ningxia to hold Int'l investment and trade fair
By Cai Muyuan (chinadaily.com.cn)
Updated: 2009-07-07 15:19
CIFIT - jointly held by the Ministry of Commerce, China Chamber of International Commerce and People's government of Ningxia Hui autonomous region - will promote the region's ethnic, commercial and trade development and strengthen cooperation between east and west China, Wang said. He also said Ningxia's Muslim culture makes the region attractive to businessmen from Islamic countries, as well as Hui Muslim entrepreneurs from other regions.
In April, Ningxia built an urban agglomeration on the Yellow River called Golden Riverside.
Despite the global economic downturn Golden Riverside produces more than 90 percent of the region's GDP. Forty-three percent of the agglomeration's area is urban, containing 57 percent of Ningxia's population. "We are hoping to see in three years the population along the Yellow Riverside reaching 4 million, accounting for 60 percent of the region, and GDP surpassing 130 billion yuan ($103.64 billion)," said Wang. (For more biz stories, please visit Industries)
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