Ningxia, the only Hui (Chinese Muslim) autonomous region in China, is eyeing stronger Middle East presence and seeks closer bilateral commercial ties with Jebel Ali Free Zone Authority (Jafza).
An eight member delegation led by Director General of Ningxia Hui Autonomous Region Bureau of Investment Promotion, visited Jafza recently to explore business opportunities.
The delegation was received by Adil Al Zarooni, Senior Vice President, Jafza Global Sales, at the Free Zone. Al Zarooni briefed the delegates on the Jafza facilities and the strategic position of Jafza as the gateway and trade and logistics hub of the region. He expressed Jafza’s interest in developing commercial ties with Ningxia Autonomous Region.
Adil Al Zarooni said: “China is one of our most important trade partners. We are working closely with various Government and trade development bodies to further strengthen our business ties. Ningxia’s interest in developing closure business ties with Jafza is a welcome move.”
Ningxia is China’s one of the most promising autonomous regions. With proven deposits of 50 different minerals including coal, gypsum, oil, natural gas, pottery clay, quartz sandstone, and barite, Ningxia ranks among the most resource rich provinces in China. The potential value of these natural resources ranks Ningxia fifth in the country. With explored coal deposits of over 30 billion tonnes and prospective reserves of over 200 billion tonnes, the region has emerged as an upcoming industrial centre for coal production, power and coal related chemical industries.
Ningxia also has vast fertile land. With extensive irrigation facilities and abundant sunshine, Ningxa, in the recent years, has emerged as leading producers of fruit and grain as well as a centre for animal husbandry. The region produces grapes, wolfberries, potatoes, rice, corn, wheat, sheep and cattle. It produces half of the world's cashmere wol.
Ningxia Hui Autonomous region plans to capitalise on its natural resources to evolve into a major centre for coal-based chemical industries, new material based metal and alloy industries, advanced equipment manufacturing centre for metallurgy, chemical industries and agricultural and by-product processing, food and textiles.
As an import driven region, the Middle East offers opportunities for Ningxia’s wide ranging industrial produce ranging from aluminium, ferro-silicon, building material, plasticz to food products, cashmere and other textile products.
Follow Emirates 24|7 on Google News.