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ITL Park approved to build national processing trade industrial park

Updated: 2021-09-23

Recently, the Ministry of Commerce recognized the first batch of 13 national processing trade industrial parks, among which Xi'an, capital of Northwest China's Shaanxi province, was included.

The Xi'an processing trade industrial park includes areas in the Xi'an High-tech Industries Development Zone, Xi'an Economic and Technological Development Zone, and Xi'an International Trade and Logistics (ITL) Park.

The area in ITL Park covers a planned area of 16 square kilometers, which is the largest of the three areas. ITL Park is also the location of the China-Europe freight train (Xi'an) assembly center and the main venue of the 14th National Games.

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ITL Park is the only domestic inland port and national multimodal transport demonstration base with international and domestic dual codes. [Photo/ITL Park's WeChat public account]

The processing trade industry in ITL Park is currently mainly a gathering of leading industries such as monitors, televisions, conference machines, tablet computers, bluetooth headsets, mobile phones, solid state drives, medical equipment, and laser components.

As the only domestic inland port and national multimodal transport demonstration base with international and domestic dual codes, ITL Park boasts convenient access to the entire network logistics system and complete open port functions.

The park plans to build a Belt and Road port industrial park, which is expected to attract more than 100 electronic processing trade enterprises with an annual output of over 50 billion yuan ($7.73 billion).

ITL Park will take the approval of the national processing trade Industrial park as an opportunity to build an industry transfer acceptance center, a product technology innovation center, and a high-tech talent cultivation center for countries involved in the Belt and Road Initiative.