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Local economy

 

Industry: Yinchuan has developed a modern comprehensive industrial system with chemical industry, system with chemical industry, machinery, textile, construction material, food industry, electronics, meters, pharmacy, and agricultural by products, etc. Altogether there are more than 30 kinds to it. Many manufactured goods with distinguishing features such as citric acid, ferrosilicon, silicon carbide, lathe, crane, bearings, woolen blanket and clothing etc., are the key export commodities of the city, enjoying prestige in the world market. Yinchuan has become one of the main industry cities in the northwest.

Agriculture: Yinchuan plain is fertile. It is irrigated by the Yellow River through numerous channels in a natural way. The yearly sunshine time is longer and the temperature here varies greatly between day and night. Yinchuan Plain is a famous area for high production of rice and wheat in China. The farm produce here is of high quality. Animal husbandry and aquatic products breeding industry are developing fast. Yinchuan has formed its agricultural products production bases and key enterprises well-known not only in the north-west but in the country. The agricultural industry is developing a lot.

 

Commerce: The commerce in Yinchuan is flourishing. There are nearly 20,000 commercial shops and service trades. Furthermore, there are 56 various trade centers and wholesale markets. Today, Yinchuan has become a commerce and trade centre, influencing neighboring provincial regions as well as other countries of Ningxia.

 

Science, Technology and Education: as strategy Science and Education are being paid great attention to prosper the city. There are 169 scientific research institutions with 76,000 technicians in Yinchuan. The city boasts its variety of education with 418 schools including in-service training, normal education, etc. Thus has the complete education system come into being.

 

Finance and Service: a financial system has been formed in Yinchuan which consists of professional bank, local bank and insurance company. And there are 52 branches undertaking foreign exchange business. The service system is also complete, involving the fields of commodity inspection, customs, securities, packing, warehousing outside transport and advertisement, etc. There are International Hotel, Rainbow Hotel, Ningxia Hotel, Yinchuan Hotel and Shahu Hotel, etc, for all the guests both at home and abroad.

 

Tourism: Yinchuan boasts tourism resources. There are more than 60 science and historical site here, including ancient cities, palaces, pavilions, pagodas, temples and the Great Wall, of which the Tombs of the West Xia is composing and Helan ancient petroglyphes are art treasure in the nation. The sand lake, Helan mountain entertainment Zone and Njiahu Mosque are general resorts for tourists from home and abroad. With the features of Hui nationality, the city has become attractive in Hetao Plain where its culture and Silk Road Culture are blended.

 



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