On July 1, 2022, the construction project of the "China-Mongolia Land Port Energy Industrial Park" with a planned investment of 110 billion yuan started construction at the Urastai Port in Xinjiang.

A reporter from Seedao.com learned that the Ulastai Port is located in Qitai County, Changji Prefecture, Xinjiang. It is a land port with the import and export of ore and energy as its main trade type. Due to its remote location, the transportation cost of raw coal and other commodities imported from Ulastai Port to the processing place is high.

It is reported that the construction plan of the China-Mongolia Inland Port Energy Industrial Park will be accompanied by the construction of China-Mongolia railway wide-gauge inbound rail-changing facilities, so as to realize the direct access of overseas wide-gauge to the processing area and storage area of the "China-Mongolia Inland Port Energy Industrial Park" in China. . In addition, the China-Mongolia Inland Port Energy Industrial Park will also build an import and export processing park and an international border trade center to promote cross-border e-commerce transactions and cross-border RMB settlement business. Editor / Xu Shengpeng