HOHHOT, Oct 22 (NNN-MONGOLIAWEB) – The Erenhot China-Mongolia border trading zone, in north China’s Inner Mongolia Autonomous Region, reopened after months of closure due to COVID-19.
With a total investment of 350 million yuan (about 52.5 million U.S. dollars) and an area of some 100,000 square metres, the trading zone in the city of Erenhot covers a wide range of business activities, including border trade, logistics and e-commerce, among other business services.
The reopening also marked the launching of the processing of agricultural products and livestock upon entry to the zone, which was designated by the Chinese government in Sept, as Inner Mongolia’s only trading zone allowed to engage in processing work.
“With the first batch of goods entering the zone, we are going to see a gradual recovery of bilateral trade through Erenhot, and an increase in trade volume here,” said Mengkee, deputy chief of the Erenhot Bureau of Commerce, who is also in charge of the management of the zone.
The trading zone, which opened in 2016, suspended operation in Feb, to contain the spread of COVID-19. A virus prevention and control system was established for the zone, before its reopening, according to the local government.– NNN-MONGOLIAWEB
