China has unveiled a new pro-growth regulation for self-employed business owners, including policies that provide greater support in terms of taxation, finance and the protection of intellectual rights, in a bid to inject fresh impetus into individual and small, family-run businesses.
This year, 136.1 billion yuan ($18.71 billion) has been invested in 902 major projects in Baotou – 96.5 percent of the annual goal.
The development of a new energy automobile industry chain will be led by Beiben Trucks Group Co in Baotou.
Three industries in Baotou have developed together in the past 10 years, taking new steps in transformation and upgrading.
Baotou had signed agreements for a total of 1,052 investment projects as of the end of August, with a total contracted investment of 947.73 billion yuan ($136.55 billion).
This year, the State and Inner Mongolia autonomous region have successively introduced subsidy policies to help enterprises seriously affected by the COVID-19 stabilize jobs and retain employees.
The 14th China Baotou Rare Earth Industry Forum opened in Baotou on Aug 18. The China Rare Earth Society 2022 Academic Annual Conference was held simultaneously.
This year, the towns and departments of Tumd Right Banner in Baotou expanded investment channels through special promotions and achieved impressive results.
The 2022 National Agricultural Green Development Summit Forum was held in Baotou on Aug 15. Its tagline was "Transfer Mode, Improve Quality, Build Brand, and Promote Industry".