About Lanzhou New Area
Discover more about Lanzhou New Area
The city of Lanzhou, capital of Gansu province, is situated in the center of China’s vast northwestern region. It is the natural gateway to all the neighboring provinces, acting as the major transportation and communication hub. In 2012, the State Council approved the creation of Lanzhou New Area (LNA), making it one of the nation’s key development projects. In recent years, Lanzhou New Area has made significant progress in attracting foreign investment and boosting economic development.
A series of initiatives and policies aimed at attracting and retaining international and domestic investors were implemented. Investors were offered preferential tax policies, streamlined administrative processes, and access to a highly skilled workforce, making it easy for companies to set up and grow their operations in the area.
Another key aspect of the local government’s support for business activities in the LNA is the establishment of a modern Central Business District (CBD), which will provide world-class facilities for companies to operate from. They have also created a customs-free bonded area to aid the export of goods to international and domestic destinations. The government’s efforts to sustainably support the LNA can be seen by the large amounts of resources they have invested to create a perfect production base.
To accommodate the increasing demand for industrial and commercial activities, Lanzhou New Area is undergoing a massive transformation. A comprehensive transportation network including expressways, high-speed trains, and metro systems are being developed to connect the new area with the city proper. The local airport is being expanded to become a regional hub, serving both passenger and cargo traffic from Central and Western Asia. The local government is also actively promoting the development of social infrastructure, such as housing, education, and healthcare facilities, to attract more people to settle and work in Lanzhou New Area.
Lanzhou New Area has already become an attractive destination for international investors and business people, and its growth potential is immense. Lanzhou New Area is now a modern hub for businesses in various industries, including renewable energy, environmental protection, advanced manufacturing, petrochemicals, industrial equipment, electronics, bio-medical, processed food, and more. With the construction of a modern CBD and a customs-free bonded area, the new area is well-positioned for international trade.
In addition, the strategic location of Lanzhou New Area on the Silk Road Economic Belt has further strengthened its connections with Europe and other countries along the track. With the continuous support from the central government and the local government, Lanzhou New Area is poised to become a leading hub for innovation and business in northwest China.
A series of initiatives and policies aimed at attracting and retaining international and domestic investors were implemented. Investors were offered preferential tax policies, streamlined administrative processes, and access to a highly skilled workforce, making it easy for companies to set up and grow their operations in the area.
Another key aspect of the local government’s support for business activities in the LNA is the establishment of a modern Central Business District (CBD), which will provide world-class facilities for companies to operate from. They have also created a customs-free bonded area to aid the export of goods to international and domestic destinations. The government’s efforts to sustainably support the LNA can be seen by the large amounts of resources they have invested to create a perfect production base.
To accommodate the increasing demand for industrial and commercial activities, Lanzhou New Area is undergoing a massive transformation. A comprehensive transportation network including expressways, high-speed trains, and metro systems are being developed to connect the new area with the city proper. The local airport is being expanded to become a regional hub, serving both passenger and cargo traffic from Central and Western Asia. The local government is also actively promoting the development of social infrastructure, such as housing, education, and healthcare facilities, to attract more people to settle and work in Lanzhou New Area.
Lanzhou New Area has already become an attractive destination for international investors and business people, and its growth potential is immense. Lanzhou New Area is now a modern hub for businesses in various industries, including renewable energy, environmental protection, advanced manufacturing, petrochemicals, industrial equipment, electronics, bio-medical, processed food, and more. With the construction of a modern CBD and a customs-free bonded area, the new area is well-positioned for international trade.
In addition, the strategic location of Lanzhou New Area on the Silk Road Economic Belt has further strengthened its connections with Europe and other countries along the track. With the continuous support from the central government and the local government, Lanzhou New Area is poised to become a leading hub for innovation and business in northwest China.