Wednesday, 20 November 2019

Yili launches new ´Silicon Valley´ of global health industry



KUALA LUMPUR, Nov 13 -- China’s dairy giant, Inner Mongolia Yili Industrial Group recently launched ‘Yili Future Intelligence and Health Valley’ project, striving to boost the health industry in the region.

The project is located in Hohhot, capital of north China’s Inner Mongolia Autonomous Region.

Yili Future Intelligence and Health Valley will build a new ‘Silicon Valley’ of the global health industry, to promote the revitalisation of China's dairy industry.

The intelligent valley is a large-scale complex project which integrates industry, city and tourism, to build a livable region, where the environment is well protected.

The valley will keep in synergy with the overall planning of regional development, to establish a comprehensive industry system integrating production, college, research, culture, tourism, business and residence.

According to a development plan, the investment in the core start-up area is expected to be at least 240 billion yuan of economic contribution to the industrial chain and create about 60,000 jobs. (100 yuan = RM59.18)

During the launching, Yili Group signed a cooperative agreement on industrial chain partnerships with its global partners, which will inject new momentum into the high-quality economic development of Inner Mongolia.

-- BERNAMA

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