Study on Level Evaluation and Development Path of the Open Economy in Ningxia

Liu Xiuling¹ and Zhu Ruixue^1,

¹International Business School, Dalian Minzu University, Dalian, China

Cite this paper:
Liu Xiuling and Zhu Ruixue. Study on Level Evaluation and Development Path of the Open Economy in Ningxia. International Journal of Econometrics and Financial Management. 2022; 10(1):13-17. doi: 10.12691/ijefm-10-1-2

Abstract

The construction of the Silk Road Economic Belt has brought new opportunities for the development of Ningxia's open economy. Based on its own advantages and opening stage, Ningxia needs to accelerate the construction of Inland Opening-up Pilot Economic Zone, further promote all-round opening-up to Arab countries and regions, create a sound business environment for undertaking industrial transfer, improve customs clearance mechanism and the construction of transport channels, etc. to promote the development of its open economy.

Keywords:
Ningxia Silk Road Economic Belt open economy

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