I. Brand:

Urumqi high-tech industrial zone is the only state level high-tech industrial zone in Xinjiang. It hosts major scientific and technological innovation resources and 75 percent of high-tech companies in the region. The regional green channel to identify high-tech enterprises is also located in the industrial zone. The region needs high-tech companies, which will develop better in the industrial zone. These two are inter-dependent to bring out the best in each other.

II. Location:

Xinjiang has a competitive location as it faces the central Asian market. The high-tech industrial zone has set up permanent offices in Central Asia to serve Chinese high-tech companies. The industrial zone is the leader of the alliance of Chinese high-tech industrial zones that tap the Central Asian market. Yema Corp is the largest foreign trade company in Xinjiang. In recent years, it has maintained good political relations with senior officials of Central Asian countries.

III. Land:

The high-tech industrial zone has a sound location, as it is the junction of the two most important highways of Xinjiang and adjoins a railway freight station. The industrial zone is not troubled by the removal and rebuilding problems, as it is not based on farmland, residential quarters, or refilled areas. In addition, land reclamation is carried out with reasonable prices. The industrial zone promises to fully support big industrial project developments.

IV. Service:

The high-tech industrial zone is operating under the idea of service. It is devoted to extending the best services to companies.

V. System:

The high-tech industrial zone is authorized by municipal economic and social administration privileges. It introduces "closed management” with seven bureaus and one office. With only 120 staff workers, the administration is sized as a bureau of other counties and districts. All the offices and personnel are targeted to meet company requirements in a most efficient way.

VI. Policy:

China has carried out a generalized system of preferences in the West China Development strategy. But the policy was terminated in 2010. The high-tech industrial zone, however, remains competitive. Under the number 88 document of the Ministry of Finance and State Administration of Taxiation in 2006, high-tech companies registered in state level high-tech industrial zones will enjoy a 15 percent reduction of business income tax for a long period, after the preferential tax policy expires.

VII. Financial resources:

The high-tech industrial zone has come out topping Urumqi city in financial revenues. The industrial zone works as a first-level fiscal and natural treasury entity. Each year, it allocates 60 million to 80 million yuan funds in support of enterprise development. It extends 20 million to 30 million yuan in industrial loan subsidies, five million to 10 million yuan in a technological innovation fund, and two million to five million yuan in enterprise brand construction awards.

VIII. Financing:

The high-tech industrial zone contains five banks to serve enterprises. The industrial zone has set up a financial credit guarantee company. This year, it has won a two billion yuan credit line as authorized by the State Development and Reform Commission and China Development Bank, with fixed interest rates for a term of 12 years. This will be used to support high-tech companies in the zone.

IX. Industrial competitiveness:

The industrial zone has 2,075 companies, including six listed companies, 19 companies in the domestic top 500 ranking, and 40 companies with over 100 million yuan in annual outputs. It has gathered competitive companies in the mechanic, electronic, new energy, and pharmaceutical sectors.

X. Competitive industrial sectors:

The industrial zone is vigorously developing the headquarters economy. It has attracted a large number of most competitive companies to set up their Xinjiang headquarters in the zone. The companies include PetroChina, Sinopec, Dongfeng Motor, China Netcom, Shenhua Group, China Guodian Corporation, Sinosteel Corporation, China International Marine Containers, Yankuang Group, Wanxiang Group, Hainan Airlines Group, Xinjiang Guanghui Industry Investment Group, Xuzhou Coal Mining Group, Tsinghua Tongfang, China Jointown Group, YTO Group Corporation, Consun Group, Qingdao Construction, Skyworth Group, and Henan Coal Industry Group.