China to speed up development of pilot economic zone in Ningxia

Image
ANI Beijing
Last Updated : Sep 14 2013 | 12:30 PM IST

China has reportedly decided to speed up the development of a pilot economic zone in Ningxia.

China's economic planning body, the National Development and Reform Commission has set up an inter-ministerial meeting mechanism to speed up the process.

The country approved the Ningxia Inland Opening-up Pilot Economic Zone in 2012 which is expected to enhance cooperation between China and the Arab world and also serves as a prototype for a new pattern for opening of inland areas.

The meetings will draw on 39 government bodies, including the Ministry of Foreign Affairs, the Ministry of Science and Technology, and the Ministry of Industry and Information Technology among others.

The inter-ministerial meetings will coordinate efforts to build the pilot zone, provide assistance to Ningxia in terms of policy implementation and institutional innovation, and strengthen information exchange among government bodies involved.

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Sep 14 2013 | 12:25 PM IST

Next Story