Baotou's bases, enterprises awarded coveted pilot zone status
After a recent review of the Department of Commerce of Inner Mongolia Rutonomous Region, three bases and four enterprises in Baotou were named as the region's domestic and foreign trade integration pilot zones.
The Baotou Rare Earth High-tech Industrial Development Zone Management Committee, Baotou Equipment Manufacturing Industrial Park, and Baogang Ferrous Metal Base were all granted the honor.
Meanwhile, Inner Mongolia King Deer Cashmere Co, Baotou Inst Magnetics New Material Co, Baotou Dongbao Biotechnology Co, and Baotou Jinmenghui Magnetics Co were named pilot enterprises representing domestic and foreign trade integration in the autonomous region.
The pilot bases should be able to provide services such as finance, research and development, design, procurement, production, logistics, distribution, training and publicity to promote the integrated development of domestic and foreign trade.
Pilot enterprises should cultivate their own brands, and constantly improve their capabilities in terms of research and development, design, manufacturing, brand marketing, channel networking, and the setting of standards.
In recent years, Baotou has accelerated the cultivation of enterprises that integrate domestic and foreign trade.
"Next, Baotou will further promote the integrated development of domestic and foreign trade, expand such businesses, and form new advantages in international cooperation and competition," said the person in charge of Baotou's commerce bureau.