Ningxia to invest 24 bln yuan in river-front economic zone

Ningxia Hui Autonomous Region plans to invest 24.1 billion yuan (US$3 billion) this year to finance 181 Yellow River-front programs involving infrastructure, ecological protection, culture and tourism.

Two years earlier, the region’s provincial government conceived the concept “Golden Bank of the Yellow River,” an economic integration of 10 cities along the Yellow River, in a bid to promote regional coordinated development, according the region's chairman Wang Zhengwei.

The golden bank has become one of the region’s important growth poles. This year, the region will accelerate the construction progress of a great deal of landmarks, including the Yellow River Tower in Qingtongxia City, World Muslim Town, permanent site of the China-Arab States Economic and Trade Forum, Yellow River Culture Exhibition Center and Theme Park, said Liu Huifang, head of the region’s Housing and Urban/Rural Construction Department.