Baotou has rich human resource and strong capacity of scientific research. A host of high-quality professional technicians and managers were trained and educated in the long history of Baotou being as an industrial city.
Compared with the developed cities in coastal areas, the cost of raw material and labors in Baotou are relatively low.
Baotou will launch targeted job fairs and enact preferential policies for startups, inorder to assist in the employment of college graduates.
The rare earth industry in Baotou Rare Earth High-Tech Industrial Development Zone has recorded sound development, with the output of magnetic materials maintaining a growth rate of more than 30 percent over five consecutive years.
Growth in the industrial economy remained steady in Baotou, North China’s Inner Mongolia autonomous region, with the income of industrial enterprises above a designated size increasing by 11.4 percent year on year over the first two months of 2019.
Appearing to be more in a laboratory than a production line, workers toiled at the Green Food Processing Industrial Park in Jiuyuan district in Baotou, the largest city in Inner Mongolia autonomous region, on April 2.
Aluminum industry park of Donghe district steps up production at full speed.
Darhan Muminggan Joint Banner, a banner under the administration of the city of Baotou, has confirmed 61 key projects for 2019 worth more than 100 million yuan ($14.86 million), according to the Baotou Daily.
Baotou Equipment Manufacturing Industrial Park has confirmed a total of 22 key projects worth more than 100 million yuan ($14.88 million) each for 2019, according to a March 11 Baotou Daily report.
A high-purity crystalline silicon project funded by investment from Inner Mongolia Tongwei High-purity Crystalline Silicon Co has started operations in Baotou, North China’s Inner Mongolia autonomous region, according to Baotou Daily.
A rare earth power battery project with investments from Baotou Haoming Rare Earth New Power Technology Co has been completed recently with a ceremony held on Nov 17, reports Baotou Daily.