新华丝路首页
一带一路国家级信息服务平台

Ordos New Economy (1) An impression of Ordos: innovation and entrepreneurship

来源:China Daily 责任编辑:李晓纬 2017-09-13 15:02:57

(This text material comes from chinadaily.com.cn.For reference only.)

The city of Ordos, Inner Mongolia, is trying to attract high-level professionals. It is the first city in InnerMongolia to implement a policy to recruit this year’s postgraduates and keepcompetent one From 2006 to 2009, the initiative introduced over 1,000professionals, said Jing Huimin, who has worked at Ordos’ development andreform commission since 2007. He explained that it’s easy to fall in love withthe city, which he says is open, tolerant and full of opportunities.

In the earlier 1990s, the dairy giants inHohhot were growing rapidly and the top four groups in Ordos also attractedmuch attention.

One of them, Erdos Group, does not sellproducts in the international market, but also has the pricing power for rawcashmere in this market. Inner Mongolia Yitai Group is the only one of the fourwith coal as the main business.

Since 1995, the four groups have beenlisted on the stock exchange and recognized as the first tide wave of Ordos’businesses.

China’s high-speed development brought highdemand for energy at the end of 1990s. Ordos has launched a second wave ofbusinesses based on coal, and group of privately-owned coal business hasemerged.

Meanwhile, state-owned energy enterprisesalso settled in Ordos, such as Shenhua Group, accounted for half of Ordos’ coaloutput.

In 2009, Shanxi province, a coal provincein North China, started to integrate its production. As a result, Ordos has tofill nearly a half of the country’s coal demand, and the government revenue increasedsharply.

However, at the end of 2011, coal pricesfell The city experienced social problems, such as real estate bubble.

In March, Ordos held its first innovationand entrepreneurship conference to start a third wave of businesses. The newnormal brings the city new challenges, but also numerous opportunities,according to Bai Yugang, secretary of Ordos Party committee.

At present, the city is developing cleanenergy, modern chemicals, manufacturing and tourism.

It built two power transmission channelswith investment totaled 50 million yuan ($7.85 billion).Eleven projects inmodern coal chemicals are under construction with total investment of over 150billion yuan; a total of 245 billion yuan was invested in 120 manufacturingprojects. The city will spend another 3.2 billion on four cloud-computingprojects.

The city aims to increase non-coal industryto more than 70 percent of the total with a variety of measures, includingcultural tourism.

Compared with the Hohhot, capital of InnerMongolia, Ordos’ tourism revenue is far lower accounting for less than 3percent of its GDP, says local tourism chief Gao Hua. However, Ordos is home tothe only two 5A-level scenic spots in Inner Mongolia, in addition to 17 at4A-level. Moreover, Ordos has advantages in environment, transportation andinfrastructure, Gao said.

The city growth is like a person growingup, according to the Party secretary of Ordos. Innovation and entrepreneurshipwill bring more opportunities for the city in the future.

相关推荐
Ordos Int'l Style (9) Summit forum discusses city, creativity and future in Ordos

The "City, Creativity and Future"Summit Forum, part of the first Ordos International Creativity and Culture Conference, opened on Aug 23, 2016.

Ordos Int'l Style (7) Night fall marathon to shine Ordos

Organizers for the 2017 Ordos International Marathon allowed participants to experience running while viewing the scenery from sunset to nightfall and the starry sky above the grasslands.

Ordos Int'l Style (6) International dance carnival concludes in Ordos

The 2016 International Grassland Dance Carnival, as a part of the third Ordos International Nadam Fair, concluded in Ordos.