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Kashgar Goes to Hangzhou: 6 Deals Signed at 2026 Industry Promotion Conference
On May 19, 2026, the Kashgar Economic Development Zone (EDZ) held a major industry promotion conference in Hangzhou under the theme "Co-Building the New Silk Road Economic Hub · Pioneering Hangzhou-Kashgar Industry Cooperation." Over 100 enterprises and business associations from across Zhejiang Province attended the event, exploring new opportunities for cross-border industrial collaboration under China's westward opening strategy.
What Was Showcased
The EDZ presented its core competitive advantages to the Zhejiang business community:
- Strategic Location — "Five Ports Connecting Eight Countries, One Road Linking Europe and Asia" — Kashgar's unmatched position as China's gateway to Central and South Asia
- Four-Zone Policy Overlay — The compounding benefits of FTZ + EDZ + Comprehensive Bonded Zone + Cross-Border E-Commerce Pilot Zone
- "One Zone, Three Centers" Strategy — Kashgar's positioning as a trade logistics center, financial service center, and innovation hub
- "343" Modern Industrial System — Three pillar industries, four emerging sectors, and three future-oriented industrial clusters
- Bonded Zone Customs Facilitation — Streamlined clearance processes for import/export businesses
- Eastern Financial & Trade Zone — Dedicated area for financial services and international trade
Investment Focus Areas
The EDZ specifically invited Zhejiang enterprises to invest in the following sectors:
- Trade & Logistics — Leveraging Kashgar's position as a Central Asia distribution hub
- Cross-Border E-Commerce — Taking advantage of the CBEC Pilot Zone and bonded zone policies
- Digital Economy — Software parks, data services, and digital infrastructure
- Deep Processing of Agricultural Products — Value-added processing of Xinjiang's abundant agricultural resources
- Textile & Garment Industry — Cotton-to-clothing supply chain with preferential tax treatment
Signed Agreements
Following targeted matchmaking and in-depth negotiations, the EDZ signed 6 cooperation framework agreements with Zhejiang enterprises, covering:
- Headquarters economy
- Cross-border e-commerce & supply chain services
- Digital trade platforms
These agreements represent a projected total investment of ¥40 million, adding strong momentum to Kashi-Zhejiang industrial integration and demonstrating the practical effectiveness of this promotion conference.
What This Means for Foreign Investors
This event signals several important trends for international businesses considering Kashgar:
- Active Government Outreach — The EDZ is proactively seeking domestic and international partners, indicating a business-friendly stance
- Growing Supply Chain Ecosystem — New partnerships in logistics, e-commerce, and digital trade create a richer service environment for foreign enterprises
- Zhejiang Capital Inflow — Eastern China investment brings infrastructure, expertise, and networks that benefit the entire business ecosystem
- Cross-Border Infrastructure Maturing — Each new agreement strengthens Kashgar's position as the operational hub for Central Asia trade
The Kashgar EDZ has committed to continuously upgrading its enterprise service system and welcomes businesses from all over the world to establish operations and share the opportunities of China's westward opening.
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