eng Science and Education Publishing International Journal of Econometrics and Financial Management 2374-2038 2022-03-15 10 1 13 17 10.12691/ijefm-10-1-2 IJEFM20221012 article Liu Xiuling 1 Zhu Ruixue 1 International Business School, Dalian Minzu University, Dalian, China 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. http://pubs.sciepub.com/ijefm/10/1/2/ijefm-10-1-2.pdf Ningxia Silk Road Economic Belt open economy