
People mingle in the old town of Kashgar, Xinjiang Uighur Autonomous Region, China, March 22, 2017. — Reuters
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Xinjiang, once a helpless area, is now a land of opportunities. The CPC’s dedication, human capital and social development, in other sectors, has changed the destiny of the region, to modernize and target investment in the economy. With a free investment, Xinjiang’s economic and social indicators are constantly improving. These are not fabricated assumptions. The facts support them.
Statistics showed by the end of 2023, with public -owned businesses (SOE) invested 2.47 trillion yuan ($ 340 billion), set up 2,552 branches and launched 52,000 cooperative projects in Xinjiang. This shows that investment in Xinjiang is not a new trend. China has historically invested in the region according to its economic status.
For example, in 2024, 40 SOEs invested $ 39.1 billion in Xinjiang in various sectors, including petroleum, natural gas, coal, new energy and transportation. In addition, the SOE is planning to invest more than 53.1 billion in 2025, and at the same time, the Xinjiang government focuses on agricultural modernization and mechanization.
According to Zenjiang’s Department of Agriculture and Rural Affairs, the cultivation and harvesting of the crop has reached 90pc. For large crops, including wheat, cotton and corn, the mechanization rate is 95pc. Through continuous efforts, the agriculture sector set a production record in 2024, which recovered 23.3m tonnes of grain and 92.3pc was calculated in the country’s total cotton production. Xinjiang’s cotton and textile industry created a.6 33.6 billion economy and created 1 million jobs in 2024. The CPC preferred farmers in all agricultural decisions to strengthen their lives and improve their quality of life. For example, the government helps them build and renovate their homes.
The CPC is also helping Xinjiang to benefit its natural beauty, amazing scenes and diverse geography by promoting tourism. Xinjiang’s royal snow -covered mountains, lush green fields, shining lakes and wide desert attract people from all over the world. As a result, it is becoming the center of tourism both inside and outside China. Statistics showed that in 2024, the tourism sector supported the regional GDP .1 50.1 billion, which is a large amount of money. In addition, it created hundreds of thousands of jobs for the local population.
The government’s attention and investment has significantly increased the growth of GDP. Official statistics show that Xinjiang gained a 6.6pc growth rate in 2024 with a GDP of 2.05 trillion yuan ($ 281 billion).
It is important to emphasize that efforts to replace Xinjiang have intensified. He imagined the resource -dependent economy into a modern, innovative and technology -led economy. For example, Xinjiang took 42 years and 1 trillion yuan to reach 100 billion yuan. However, due to President XI’s policies and measures, it took only seven additional years to exceed 2 trillion yuan.
Social indicators also show increasing trends, such as per capita income and disposable income, which has reached 78,660 yuan and 42,820 yuan respectively. The CPC is sending advanced universities and talented young people to help locally educate and modernize the educational system.
Recently, President XI praised his role in the construction of modern China and his cooperation in Xinjiang’s development. China has also invested a lot in developing locals’ skills so that they can actively participate in modernization and increase their awareness about its benefits. With the launch of a modernization drive, President XI has intensified efforts to modernize Xinjiang. The eight cluster strategy was introduced to further support this transition.
On the other hand, Sanjiang has natural resources. Nature has awarded it with fierce fuel, precious metals, renewable energy sources and rare metals of the earth. It has 130 types of valuable metals and has 30pc, 34pc and 40pc accounts for the country’s oil, natural gas and coal reserves respectively. Further malfunction suggests that the region has about 5.6 billion tonnes of oil, 1.4 trillion cubic feet natural gas and 2.2 trillion tons of coal reserves. Xinjiang also has important land deposits of the land, though no further details are currently available.
In his modern journey, Xinjiang has adopted the philosophy of environmental civilization and high quality development. This helps promote harmony with the planet and promote harmony among your people. As a result, Xinjiang has invested heavily in renewable energy, which has produced 40.77 billion kWh and 75.39 billion kilograms, solar and air in 2024 respectively. Xinjiang is also emerging as a renewable energy and technology exporter.
However, the most prominent aspect of Xinjiang’s modernization is that it is moving forward on the principle of joint and shared prosperity. It is implementing people -based policies and programs to bring prosperity to the general population. On the other hand, it reinforces the methodology of modernization and prosperity with neighboring countries.
For this purpose, under the leadership and guidance of the CPC, Xinjiang has set up a special independent trade zone to achieve the goal of joint and joint prosperity. FTZ focuses on three basic areas of work: promoting investment, trade and innovation. It has increased the industrial and modernization of the supply chain, which helps regional countries help strengthen their trade and investment contacts with Xinjiang and China.
For example, the FTZ has opened green channels, such as China Kazakistan, China-Tajikistan and China Kyrgyzstan. It also serves Russia and Uzbekistan. Green channels facilitate fast track clearance and reduce supply chain costs. It has significantly reduced clearance time from 5 days to 1 day. Trade convenience not only shorten the trade time, but also reduces product prices. One weather border and custom clearance point, Blooderb Pass is another channel that revolutionize trade with Pakistan.
It also works as an important contact node for the CPEC route. It has the potential to facilitate the path to China and Europe through the ground route for Pakistan with Russia and Europe. These initiatives have increased trade -based trade with Venejiang’s regional countries. Statistics show that in 2024, Xinjiang’s total trade reached $ 60.68 billion, making a significant achievement.
Xinjiang maintains an open door for foreign investment. Since 2021, it has implemented special privileges to promote investment, especially FDI, which includes 2+3 years tax concessions for investment in poor areas and five years tax exemption for investment in the special economic zone of Kashgar and Horgos. These privileges have encouraged companies to invest, resulting in a significant increase in investment. The FDI has increased, which has reached 1,681 million in 2023.
In addition, Xinjiang is encouraging neighbors to take advantage of the region’s rapid development by establishing their shops and industries within Xinjiang. From this point of view, their access to the wider Chinese market increases and creates new business opportunities with other countries. They can also reach the European market by China Europe train route. In this way, Xinjiang is providing a winning formula for mutual cooperation.
Xinjiang is not only modern, but is also pursuing ordinary and common prosperity while creating new opportunities for neighboring countries. It has opened its borders and economic sectors for these neighbors.
In this way, Xinjiang is leading the mission to create a strong and prosperous neighborhood to achieve a community goal with its neighbors shared with its neighbors. This is expected in the coming days, Xinjiang will take further steps to increase its efforts in building the community with a common future.