On April 18, 2023, the Xinjiang Belt and Road International Pharmaceutical Industrial Park project officially started construction in Urumqi.

Xinjiang Belt and Road International Pharmaceutical Industrial Park Project

It is reported that the overall planned land area of the Xinjiang Belt and Road International Pharmaceutical Industrial Park project is about 1,200 mu, with a total construction area of 800,000 square meters and a total investment of about 5 billion yuan. The first phase of the project has a development area of about 212 mu, a construction area of 300,000 square meters, and an investment of about 1.5 billion yuan. The industrial park is committed to building a modern pharmaceutical logistics park integrating modern pharmaceutical research and development, scientific research transformation platform, big data + artificial intelligence, cloud warehouse + modern logistics, drug import ports, cross-border e-commerce, international business finance, etc.

Jiang Yidong, chairman of Xinjiang Zhaolong Group, said that after the park is completed and put into operation, it will give full play to the driving effect of the Belt and Road Initiative, and help the construction of one port and five centers in the core area, especially the medical service center. While helping Xinjiang pharmaceutical companies to become bigger and stronger, combined with The platform advantages of cross-border e-commerce will expand Xinjiang's pharmaceutical market to Central Asia and West Asia, with an estimated annual turnover of 30 billion yuan.

The relevant person in charge of the Xinjiang Institute of Physical and Chemical Technology of the Chinese Academy of Sciences said that the establishment of the Belt and Road International Pharmaceutical Industrial Park project will definitely give full play to Xinjiang as The unique advantages of the core area of the Silk Road Economic Belt will also play an irreplaceable role in promoting the high-quality development of the biomedical industry in Xinjiang and the construction of a medical service center in the Silk Road Economic Belt. Editor/He Yuting