Recently, the Ministry of Industry and Information Technology has announced more details on the cooperation agreement signed with Xinjiang. According to the cooperation agreement, the Ministry of Industry and Information Technology will study and formulate differentiated industrial policies to promote the implementation of the relaxation of iron and steel, building materials, nonferrous metals, textiles, light industry, coal chemical industry, polysilicon, foodstuffs. And other industry access restrictions. We will promote the construction of a new type of petrochemical base in Xinjiang and rationally arrange large-scale petrochemical deep processing projects such as large-scale ethylene, large aromatics, and large chemical fertilizers in Xinjiang. Promote the development of characteristic textile industry and promote the construction of Xinjiang Textile Industry's “Two Cities, Seven Parks and One Centerâ€.
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