Caixin
Jul 19, 2013 03:15 PM

Ningxia Official Courts Investment from Arab Countries

Yuan Jiajun


The deputy head of the Ningxia Hui Autonomous Region says he wants petrodollars from oil-rich Persian Gulf countries to develop his constituency, but needs policy support for this to happen.

Yuan Jiajun, a member of the region's Communist Party standing committee, said on July 17 at a press conference organized by the State Council Information Office that he plans to lure investment from Arab countries to develop industries, including the energy sector. Ningxia has advantages in chemical industries, foodstuffs and halal foods, Yuan said.

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