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Xi'an International Trade and Logistics Park sets out to lead by example

Updated: 2019-11-25

To further promote sustainable development and accelerate opening-up to the outside world, the Xi'an International Trade and Logistics Park in Shaanxi province is aiming to build itself as a global demonstration zone for inland ports, trade and industries by relying on solid economic foundation and favorable policies, according to local officials.

Located in the northeastern part of Xi'an, the park, covering some 120 square kilometers, is surrounded by the Chanhe, Weihe, Bahe and Jinghe rivers. The area was once the trading and logistics center during the Han (206 BC-220 AD) and Tang (618-907) dynasties.

Since its establishment in 2008, the park has always adhered to the mission of "opening up the ports" in China's inland areas and witnessed a robust growth for economic development.

The park's GDP in recent years has achieved an average annual growth rate of more than 30 percent. In 2018, the fiscal revenue of the park reached 830 million yuan ($118 million), 41.5 times that of 2008. The fixed assets investment totaled 22.98 billion yuan, 58.48 times that of 2008.

Sun Yimin, director of the administrative committee of the Xi'an International Trade and Logistics Park, said they will make great efforts to build the park into the largest international hub under the Belt and Road Initiative.

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