Chifeng City, Inner Mongolia is located in the combining site of northeast economic zone and economic zone in North China. It is an important component of Bohai Economic Rim. There is less than 500 kilometers from Chifeng to Beijing, Tianjin, Shenyang and Jinzhou. So Chifeng holds obvious comparative advantages for investment:
    1, the unique advantages of mineral resources; More than 70 types of mineral species have been discovered in more than 1000 sites in Chifeng. the metal mineral are rich and varied, such as iron, chromium, manganese, copper, lead, zinc, cobalt, tungsten, tin, molybdenum, gold, niobium, etc; the reserves of some of iron, chromium industrial mineral deposits has been proved. There are 168 iron fields with 168, 119,100,000 tons ore reserves. There are 170 copper fields, with 200,000 tons reserves which are mainly located in Dajingzi copper field in Linxi County. Tungsten ore are mainly distributed in Aohan Qi (another name of county) and Keshiketeng Qi. Up to the preset,Halihaitu tungsten deposit in Aohan Qi is the only tungsten deposit in Inner Mongolia. Precious metals mining include gold, silver and platinum, palladium ore. Chifeng City,is a main gold producing area in Inner Mongolia Autonomous Region. The total cumulative virgin gold reserve that has been proved takes up more than 80 percent of the total virgin gold reserves in Inner Mongolia Autonomous Region. Nonmetal minerals are mainly fluorite, crystal stone, Iceland spar, sulfur, zeolite, limestone, marble, silica, basalt, perlite, bentonite, and bloodstone. The main non-metallic minerals in Chifeng are fuels and other non-metallic minerals. Mineral fuels that have been found are coal, peat and oil shale. Coal is distributed extensively, mainly in Pingzhuang coalfield and Yuanbaoshan coalfield, and the total reserves accounted for 79 percent of the city’s reserves. Chifeng City is an important base of gold energy and non-ferrous metal. Balin stone is renowned at home and abroad as a treasure of art.
    2, Rich farming and husbandry resource; Chifeng City boasts a vast territory and abundant resources. There are 1760 mu (a kind of Chinese measuring unit, equals to 1173216 square meters) arable land, in which high-value cash crops, such as bean oil sunflower, sugar beet, tobacco and Chinese herbal medicine are supernounded besides the staple crops. It is an important base of grain, oil and sugar in Inner Mongolia Autonomous Region and China. Now the city has developed into an agricultural community base of   high-quality corn, sorghum, rice, millet, bean, grain, vegetable, sunflower, sugar beet, medicinal herb and flue-cured tobacco. Grassland occupies an area of 8976 mu,and woodland occupies 2922 mu. Forest coverage reaches to 21.7 percent. So it is an ideal place to develop agriculture, livestock, dairy products, organic farming and other agricultural industrialization. Additionally, wind energy, tourism resources also have considerable potential to develop.
    3, Adequate water, energy, human resources; Chifeng City is a famous base of coal in north China. West Liao river has two main tributaries, Xilamunlun river and Laoha river. Both of them are located in the territory of Chifeng city. The gross water resources are 4.27 billion cubic meters. Yuanbaoshan stripe coal mine contains many business opportunities. Industrial electricity price is only 0.3 yuan per degree in industrial park and labor force is inexpensive and abundant.
    4, preferential policies; Chifeng City enjoys central government’ preferential policies for minorities, development of the western region, revitalization of northeast part of China. Moreover, Chifeng municipal Party committee and municipal government actively improve the environment of investment, strengthen to attract investment. They have determined to achieve breakthroughs on "three key pieces of work” which is to achieve industrial development by relying on the support of projects, to achieve the construction of projects by relying on investment, to achieve investment by relaying on beautification of environment. The government try their best to plant the concept of “protecting environment is glorious, destroying environment is shameful” in the whole society, create an atmosphere of “everybody should protect environment; every efforts should be done to advance development", raise a series of policies of “attracting investment, helping investment, keeping investment”. A good investment environment, preferential business policies, the transparent and trustworthy government, and the considerate administrative services are guarantee for investment. Yuanbaoshan Industrial Park, Hongshan Hi-Tech Industrial Development Zone, in Chifeng draw up separate preferential policies to encourage, support every newcomer. You can even start your business in these industrial parks without input.