Yinchuan Comprehensive Bonded Zone was set up as approved by the State Council on Sept 10, 2012 and came into operation on Dec 29, 2013.
It is located on the southern side of the Yinchuan Hedong International Airport, with a planning area of 8.17 square kilometers.
Its bonded areas were built in two phases. The first phase was completed in August 2013 and housed the aviation, gold and jewelry, brand wine, light textile and bonded service industries. The second phase finished infrastructure construction in December 2014 and will accommodate industries including electronic information manufacturing, biotechnology, cross-border e-commerce and financial leasing.
In 2017, the total output value of industries above designated size in the zone increased by 28 percent year-on-year to 31 billion yuan ($4.67 billion), accounting for 14.8 percent of the city; the industrial added value of the enterprises above designated size grew by 12.6 percent year on year; the fixed asset investment was 7.77 billion yuan, up 12.6 percent; the fiscal revenue was 1.14 billion yuan, accounting for 120 percent of the annual budget revenue；approximately 5.33 billion yuan of investment was in place, completing 122 percent of the annual goal.
In the first quarter of 2018, the total output value of industries above designated size is expected to reach 7.5 billion yuan, up 30 percent year on year; the industrial added value is expected to grow by 16 percent; the fixed asset investment is expected to increase by 10 percent to 1.12 billion yuan; the local public budget revenue is expected to rise by 17.06 percent to 379 million yuan.
It will focus on three pillar industries -- new materials, modern equipment manufacturing and health care services.