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Xinjiang's Tacheng secures 10bn yuan boost for modern industrial projects

By Mao Weihua and Guo Yanqi | chinadaily.com.cn | Updated: 2025-10-26 20:35
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The Conference on Financial Support for High-Quality Industrial Development in Xinjiang's Border Areas kicks off in Beijing on Sunday, launching a 10-billion-yuan industrial fund for the Tacheng prefecture. [Photo provided to chinadaily.com.cn]

The fund will channel investment into Tacheng's modern industries, with a focus on mineral resource processing, renewable energy, agriculture and livestock technology, textiles and apparels and biomanufacturing.

Yu Xiaodong, a member of the Tacheng Prefectural Committee, said the initiative aims to convert Tacheng's strategic opportunities—opening-up, renewable energy expansion, resource development, and latecomer advantage—into concrete industrial strengths. Positioned on the Silk Road Economic Belt, the prefecture seeks to attract state-owned enterprises, listed companies and leading firms.

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