One year into free-trade zone, Xinjiang embraces further opening up
2024-11-03 10:16:09 source：Global Times
November 3, 2024
Edil Mohammed, who commutes daily for about an hour by bus from Yarkent, Kazakhstan, to Horgos, China, has adapted to the lifestyle of cross-border work.
As the head of a branch of Kazakhstan's Bank CenterCredit, which is located in the China-Kazakhstan International Border Cooperation Center in Horgos, northwest China's Xinjiang Uygur Autonomous Region, he is part of a pioneering group of foreign banks that entered Xinjiang following the establishment of the China (Xinjiang) Pilot Free Trade Zone (FTZ) in November 2023.
The Xinjiang pilot FTZ, which encompasses three iconic areas -- Urumqi, Kashgar and Horgos -- stands as the first FTZ in China's northwestern border regions and the 22nd nationwide. As it embraces its first anniversary, the zone has shown promising results.
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