Established in March 2012, Hulunbuir National Economic and Technical Development Zone (内蒙古呼伦贝尔经济开发区) combines former Hulunbuir Economic Development Zone, Hulunbuir Industrial Park, Chen Barga Banner Industrial Park and Hailaar Industrial Base.
With a planned area of 342 square kilometers, a core area covering 103 sq km and a 600-sq-km management area that includes three towns and eight villages, the zone can house 50,000 people and was approved in 2013 as a national economic development zone.
The zone strives to develop eight key industries – coal power, metallurgical processing, bio-medicine, equipment manufacturing, deep processing of agricultural and livestock products, high technologies, new building materials and modern services.
In 2014, the zone’s industrial output value reached 50.24 billion yuan ($7.59 billion), up 35.66 percent year-on-year. The added value, sales revenue, tax revenue and profit reached 23.22 billion yuan, 47.06 billion yuan, 5.81 billion yuan and 6.48 billion yuan, respectively, with increases of 14 percent, 39.18 percent, 12.37 percent and 11.66 percent.