CHINA – China’s dairy company, Inner Mongolia Yili Industrial Group has launched a new project dubbed “Yili Future Intelligence and Health Valley” in Hohhot, Northern China.
The intelligent valley is a large-scale complex project integrating industry, city, and tourism, aiming to build a ‘livable’ region where the environment is well protected.
The core start-up area of the valley covers an area of 1,000 hectares based on the dairy industry striving to boost the health industry in the Inner Mongolia Autonomous Region.
The dairy company said that the project will keep in synergy with the overall planning of regional development to establish a comprehensive industry system integrating production.
According to a development plan, the investment in the core start-up area of the project is expected to drive at least 240 billion yuan (US$34.17 billion) of economic contribution to the industrial chain and create about 60,000 jobs.
Pan Gang, chairman of Yili Group, said that the company will join hands with the international partners and harness the effect of the industrial clusters to construct a green, smart, digitalized, and international health valley in the region, revitalize China’s dairy industry.
Yili Group has already signed a cooperative agreement about industrial chain partnerships with its global partners, which will inject new momentum into the high-quality economic development of Inner Mongolia.
According to the company, Yili Future Intelligence and Health Valley will build a new “Silicon Valley” of the global health industry, to promote the revitalization of China’s dairy industry.
Yili said the projects will also fuel the high-quality economic development of the autonomous region, and lead the development of the global health industry.
Ai Lihua, vice chairman of the Region, said the project “has taken a substantial step forward in promoting the comprehensive upgrading of the industry to build high-quality development demonstration enterprises across the region.”
In September, Mengniu Dairy Company Limited, China’s leading dairy producer also opened the Mengniu Nutrition Institute in Beijing to strengthen the company’s research in dairy products and nutrition.