Some 4,894 enterprises settled down in the city of Horgos, in northwest China's Xinjiang Uygur Autonomous Region, in the first half of this year, China News Agency reported.
According to Chen Chen, an official from the city's Market Supervision Administration, 2,406 enterprises settled down in the city in 2016, representing a daily average of at least six enterprises. In the first half of 2017, that figure exceeded 20.
These enterprises are placing much hope in the future of Horgos, a frontier city along the traditional Silk Road thanks to the remarkable achievements regarding the Belt and Road Initiative, Chen said. Constant media coverage had further promoted the city domestically and abroad. The city's beneficial investment policy is also a great lure for enterprises.
Boshihao Group, a Shenzhen-registered firm that develops and produces robots, registered in Horgos at the end of last year, producing 2,000 robots in the first half of this year.
"We are exploring the markets in central Asia as well as Xinjiang," said Min Jianbo, general manager of the Group's Xinjiang branch. "The Belt and Road provides great opportunities for us," Min added.
(BELT AND ROAD PORTAL)