Jinchang, known as China's Nickel Capital, is a newly-built industrial city on the New Europe Continental Bridge
latitude 38"30'N and longitude 102"10'E, Jinchang City lies in the
eastern sector of the Hexi Corridor, at the north foot of the Qilian Mountaints and
on the southern edge of the Arasan tablelands. Its topographic conditions incline
from west to northeast, mainly covered by mountains, but also deserts, plains
and grasslands, spreading from north to south. In the southern part, Qilian Mountain is a good pastoral area, with natural forest and grass covering 75% of it. In
the middle, the plains and grasslands are the main agricultural production area,
and the northern part is the deserts and oasis. The climate is the temperate
continental with an average annual temperature of 4.8C, annual rainfall of
173.3mm, and annual frost - free period of 134 days.
Jinchang is abundant in mineral resources, and rich reserves. The proven ores are more than 45 sorts such as nickel, cobalt, copper, uranium, gold, sliver,
iron, aluminium, zinc, stibium, platinum. palladium, osmium, iridium, ruthenium, rhodium, petroleum, coal, sulphur, fluorite,
bentonite, quartzite, marble,
granite, dolomite, alpha-mud, clay, tin, crystal, agate etc, etc. Its nickel
sulphide reserve, already explored, is the second largest in the whole world.
The precious platinum group metal takes the first place of China,
the reserve of copper, cobalt is the second largest of China,
and the non-metal reserves also play an important role. There
are about 470 kinds of wild plants and animals in Jinchang, among which there
are 11 kinds of grade 2 or 3 animals under the state protection, and over 30
kinds of rare medical herbs.
Including 107,600 hectares of arable land, the total cultivated area is 959,300 hectares
34.6mu per capita, which is higher than the average number of the whole
province and the country. Here, wheat, bean, and castor-oil plant grow very well
on the vast and fertile land. The 30,400 hectares of grassland is closed and
rich, but the 37,400 hectares of forestland is too withered and scattered. With
452.300 hectares of uncultivated land, Jinchang has a certain potential in
exploiting agriculture land resource.
recent years. Jinchang has been updating out-dated equipment of the Hexi Iron-smelters.
Now, its annual producing capacity is soda ash 120,000T, salminac 120, 000T, synthetic
ammonia 100,000T, carbon ate 60.000T, compound fertilizer 150,000T, super phosphate
400,000T, (standard) coal 50,000T, cement 50,000T. A four main industries
of smelter chemical, power, building materials, chemical industry have been
initially formed. In 1995 , the total industrial output was valued at 4,475
Great efforts having been put into, and great changes have taken place in agricultural producing condition of Jinchang. One after and another, it has constructed 5 reservoirs , the total volume of which is 13 million cubic metres. And it has also built 3,209 km. of canal, 1.517 mechanical wells with the total capacity of 59,390 KVA. Besides, 2.786 km. of electric wires for agriculture have been set up. The electrification has been realized in the suburb and town. The agriculture bases, such as grain , oil bearing plants vegetables husbandry and etc, has improved the comprehensive farm-producing level of the whole city. In 1996, the yearly total agricultural yield reached ? million yuan, the total yield of grain and oil crops are Tanel T. And the township enterprises have been developing very quickly, with the total asset of 2-3 million yuan.
has a very favourable energy source conditions. Also, it has plenty of electric
power supplement with a total installed capacity of 200.000kw. In
Yongchang electrical Machinery Plant, and two power transforming substations
with the capacity of 330 KVA and 220 KVA. It has set up a relatively integrated
high and low voltage electric network. Besides, the local potentials of
developing hydropower station is very enormous. In theory, the reserves of the
water energy is 107.792kw, and the total installed capacity reaches 30,881 kw.
At present, only 30% of the resources is being used. Its coal resource is very
rich and the reserves gets 79,890 thousand tons. And the Xidayao Coalfield,
which is easy to mine, has almost 1,000 million tons.
Post & Communications
constructed urban area is 34,9 square km. , which occupies 83% of overall
planned area. There are complete foundations and facilities accompanied with the
highway, water and electricity supply. It has finished transforming the Jinchang
sector of the Lanxin double tracking railway and the Jinchang Railway station.
It also built up 312 state road, the Jinchang sector of the provincial road,
Jinchang and Yongchang Bus Stop. There are 14 railways, about 100 Km. in length,
for special use, such as the line between Hexipu and Jinchuan corporation. The
amount of freight transport on railway and highway are 1,405,000T and
2,190,000T, and it can transport 276,000 passengers by train and 3,173,000
people by bus .
has advanced telecommunication facilities with fibre optics, microwave and
program-controlled exchanges as the mainstay. In 1995,it has opened 42,100
city boasts 14 scientific and research institutes, and have more than 10,000
researchers and personnel. Since 1985, it have achieved 128 scientific results.
Jinchang Corporation's researches, which are mainly about making comprehensive
use of resources, have got 160 important results. 98 items of them got the
provincial prize, 124 items are being used in the production, and 9 items have
reached the international advanced standard. It also set up Jinchang High Technical
Development Zone, which gets a good effect of developing new and advanced
technology. All of the towns in the city have the Science- popularizing
Association, which play an important role in spreading agricultural technology.
1990, the whole city solicited foreign investment US $ 24 million actually and
has seen rapid growth in its foreign exchange earning from export. Except 14
foreign -- affair organizations, Jinchang has also established sister city
relations with 5 cities.
The above was adapted from
where the rest of the article on investment opportunities can be seen.