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Business enviroment

Updated: 2017-11-27 Print

Finance

Pudong Development Bank, China Merchants Bank, Huaxia Bank, China Citic Bank, Minsheng Bank and the Industrial Bank have opened branches in the city. Emerging financial service providers such as equity and futures enterprises have also settled in Ordos.

There are 44 banking institutions, 30 insurance companies, seven brokerage offices, two futures business offices, 92 small-credit firms and 34 financing guarantee companies. Ordos was awarded the honorary title of "Financial Ecological City in China".

The completed urban area has expanded to 258.5 sq km from 138 sq km in 2005. The urbanization rate has reached 72.8 percent, 18 percentage points higher than the national average. Ordos vows to grow into a modern and livable city with a favorable business environment.

Tourism

As a "Top Tourist City of China", Ordos boasts national 5A-level and 4A-level attractions like the Mausoleum of Genghis Khan Tourist Area (5A), the Resonant Sand Gorge(5A), the Seven-star Lake and the Engebei Tourist Area, as well as 47 national industrial and agricultural tourism demonstration sites.

There are two national 5A Scenic Areas, 21 4A Scenic Areas, 11 3A Scenic Areas, 32 star-rated hotels and 93 travel agencies.

Transportation

Roads

The total highway mileage in Ordos is 18,820 kilometers, including 2,213 km of high-grade surfacing.

Railways

There are 1,667 km of railways in Ordos. Their total annual freight handling is 350 million tons. A group of new railways like the Baotou-Xi'an, Dongsheng-Wuhai, and Jungar-Dongsheng lines have been put into service and others are under construction.

The construction of the Mengxi-Huazhong Railway is progressing and preparatory work on the Baotou-Xi'an railway line for passenger traffic has begun.

Aviation

The city's Ejin Horo Airport is located 16km southeast of Kangbashi New Area, at the junction of the Baotou-Maoming Expressway and Azhen town - Daliu town Highway.

The airport has 42 air routes to 41 cities including Beijing, Shanghai, Shenzhen and Guangzhou. It handled about 1.50 million passengers and 7,000 tons of cargo in 2014.

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