Ningxia region seeks technology-driven high-quality development


A view of a business district by the Yuehai Lake in Yinchuan, northwest China's Ningxia Hui autonomous region. (PHOTO / XINHUA)

SHANGHAI: The Ningxia Hui autonomous region will continue to attract projects with advanced technology and low energy consumption in order to promote high-quality development and innovation, says the region’s top official.

Ningxia has made significant strides in high-quality development in recent years, nurturing new productive forces while fostering development impetus, said Liang Yanshun, Party secretary of the region.

Liang said the instructions of President Xi Jinping, who is also general secretary of the Communist Party of China Central Committee, are the road map and guidelines for Ningxia and have given strong impetus to the region’s opening-up and development.

Xi has placed high hopes on Ningxia’s development and called on the region to better coordinate development and security, he said.

According to Liang, Ningxia has been one of the country’s leading regions in terms of growth for seven consecutive quarters, with its gross domestic product (GDP) growing 6.6% year-on-year (y-o-y) in 2023. Meanwhile, the region’s energy consumption decreased 9.6% y-o-y.

The growth of high-end manufacturing in Ningxia also accelerated last year, with the added value of the high-tech manufacturing industry increasing 44.5%. Tax revenue from high-end equipment manufacturing surged by 57%.

As the only national-level hub for computing power networks, Ningxia ranks first in the country on the “environmental index” of computing power resources.

This year, Ningxia is expected to fully promote its development as the country’s “computing power capital”, with the added value of its digital economy accounting for over 36% of the region’s GDP.

With an average annual temperature of 8.8 Celsius and an average wind speed of 3.5 to 3.6 metres per second, Ningxia has long been recognised as the capital of computing power in Northwest China, as its conditions are considered ideal for building naturally wind-cooled data centres.

Amazon Web Services, for example, chose to build its data centre in Ningxia after visiting numerous areas across China.

The region plans to build 330,000 standard racks, which are steel and electronic frameworks designed to house servers, by 2025, and the number is expected to increase to 700,000 by 2027.

Ningxia has also been accelerating the construction of a green energy system, said Liang.

The region, which has the nation’s largest reserves of silica, has been actively promoting the development of its new materials industry in recent years, he added.

Liang said that regional investment in research and development grew by 12.7% last year, and Ningxia is committed to implementing more industrial innovation and converting more of its research and development achievements into new products and industries.

Ningxia will continue to prioritise environmental protection and integrate the protection and management of natural resources, including mountains, rivers, forests, lakes, grasslands and deserts, he added. — China Daily/ANN

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

China , Ningxia

   

Next In Business News

Oil settles higher on Mideast supply concerns
Powering on data centres
Japan frets over relentless yen slide as BoJ keeps ultra-low rates
Making scents of success
Medical insurance premiums on the rise
Singapore’s growth trajectory remains intact and on track for faster growth in 2024
Blackstone, KKR mortgage REITs stung by office debt challenges
Are there too many GPs and is the healthcare system overwhelmed?
Rising data centre ability
Kelington to reap the benefits of a diversified business strategy

Others Also Read