Investment promotion conferences have become a standard feature for regions looking to showcase their investment environments.

When it comes to investment promotion, it is essential to thoroughly assess local resources and revitalize them, ensuring that no opportunity goes unnoticed by potential investors.

Recently, Qingyang held an investment promotion conference where 26 projects were successfully signed, with a total investment value of 12.221 billion yuan—a truly commendable achievement.

As the “Energy Capital,” the city attracts resource-based enterprises to invest by leveraging the full industrial chain and the upstream and downstream sectors of the energy industry.

Among these efforts, the Xifeng Industrial Park has carefully planned its development, using oil and coal extraction and petroleum refining as a foundation to expand and cultivate the chemical industry chain.

To date, the park has attracted and established “7 anchor enterprises and 22 chain-linked enterprises,” elevating the level of industrial configuration to a new stage. A dominant industrial structure is rapidly taking shape, encompassing oil, coal, and gas chemical industries, new chemical materials, and integrated energy equipment manufacturing.

For enterprises, it comes down to “cost logic.” Setting up operations in the Xifeng Industrial Park is a more suitable choice, as it offers proximity to energy resources, a highly compatible industrial ecosystem, and relatively low production costs.

Precisely because of this, the clustering of a large number of peer enterprises enables economies of scale in production, procurement, logistics, and the acquisition of key resources such as talent and technology, fostering mutual empowerment between enterprises and the park.

From another perspective, Xifeng’s investment promotion strategy is deeply integrated with local industrial planning, allowing enterprises to operate with a streamlined approach.

Indeed, investment promotion is not merely about speed; scientific investment promotion involves leveraging industrial chain maps to achieve precise matching between high-quality projects and industrial resources.

Exchanging Resources for Industry: Clustering Energy Enterprises

Located at the junction of Shaanxi, Gansu, and Ningxia provinces, in the south-central part of Qingyang, Xifeng thrives on the Loess Plateau and has emerged as a city at the intersection of tradition and modernity.

In earlier years, with the launch of the Changqing Oilfield, Xifeng had already identified oil-bearing areas covering 800 square kilometers, with geological reserves exceeding 400 million tons.

In the Xifeng Industrial Park, oil refining and extraction equipment, visible everywhere, remains the most distinctive feature of the landscape. Not only does it ensure a stable supply of crude oil, but it also provides the “raw materials” for natural gas development and helium extraction.

Furthermore, the city’s proven coal reserves total 8.6 billion tons. The primary coal types consist of low-ash, low-sulfur, high-calorific-value semi-bituminous and non-bituminous coals, which are high-quality fuels for power generation and chemical industries.

From a national perspective, coal is a vital energy source, and coal chemical industry is a strategic emerging sector tasked with ensuring national energy and industrial security.

Xifeng, with its vast coal reserves and unique advantages for developing the coal chemical industry, is well-positioned to effectively ensure the secure and stable supply of national energy.

From the perspective of coal chemical enterprises and long-term strategic considerations, the focus lies more on the refined extension of the industrial chain, as well as technological upgrades toward low-carbon and low-energy-consumption operations.

In addition, Xifeng holds natural gas reserves of 24.3 billion cubic meters. In recent years, the region has remained focused on the development goal of “industrial greening,” prioritizing key industries such as integrated oil and gas energy chemicals and equipment manufacturing.

Inside the Industrial Park: Production in Full Swing

The Southern Petrochemical Industrial Zone, with deep processing of oil and natural gas, fine chemicals, and the development and utilization of related industries as its leading sectors, brings together key enterprises such as Ruihua, Huayi, Tongxin, and Huantai.

The Northern Industrial Concentration Zone, with energy equipment manufacturing and food and pharmaceutical processing as its leading industries, has attracted key enterprises such as Sany Heavy Energy, Envision Energy, Xifeng Pharmaceutical, and Charoen Pokphand Foods.

Among these, the Tongxin Light Hydrocarbon Deep Processing Project is currently under construction. Once operational, this project will play a significant role in promoting Qingyang City’s efforts to build two “100-billion-yuan-level” industrial chains: comprehensive energy and oil, coal, and gas chemicals.

The project primarily utilizes by-products from the Changqing Oilfield—such as liquefied gas and mixed hydrocarbons—along with C3 and C4 components from associated petroleum gas (APG) resources not used in ethylene production, as well as low-efficiency liquefied gas from nearby refining and chemical enterprises, as raw materials for deep processing. The products include propylene, maleic anhydride, BDO, and PBS.

Similarly, at the construction site of Qingyang Hongda’s 200,000-ton hydrogen peroxide and 20,000-ton morpholine project, large-scale equipment such as oxidation towers, water treatment facilities, and storage tanks has been fully installed, and workers are working around the clock to commission the production equipment.

Phase I involves an investment of 550 million yuan, primarily for the construction of a 200,000-ton-per-year hydrogen peroxide production facility, living and office areas, and other ancillary projects; Phase II plans to invest 450 million yuan to build a 20,000-ton-per-year morpholine production facility.

Upon full completion, the project will meet the demand for hydrogen peroxide and morpholine in the papermaking, dyeing, pharmaceutical, and environmental protection industries across Shaanxi, Gansu, and Ningxia, while also serving provinces such as Inner Mongolia and Qinghai.

Recently, construction also began on the Gansu Runqing Fine Chemicals project within the industrial park, which primarily involves the construction of a 12,000-ton petroleum additive production facility and supporting infrastructure.

Currently, preliminary construction preparations—including site clearing, land leveling, construction of the eastern perimeter fence, gatehouse construction, and structural design of individual buildings—have been completed. Work is now underway on foundation pre-treatment, the installation of water and electricity infrastructure, and the construction of the western perimeter fence.

Given the current economic climate, Xifeng Industrial Park has increasingly recognized that the key to achieving steady progress and using progress to promote stability lies in attracting highly compatible projects.

Guaranteed Services and Comprehensive Park Facilities

At present, the park’s three main thoroughfares have been completed and opened to traffic, and infrastructure such as dedicated water supply lines, a natural gas gate station, a 30,000-ton wastewater treatment plant, a 10-kilovolt dual-circuit power grid, and an 110-kilovolt power grid are fully in place.

Additionally, pipeline laying for the natural gas supply project has been completed; projects such as the park’s centralized heating system and reclaimed water reuse network have been included in the municipal list of key preliminary projects and are progressing in an orderly manner; preliminary procedures for the hazardous materials parking lot and heating station are being expedited.

With a focus on enhancing smart management capabilities, the Xifeng Industrial Park has become the first among the province’s 47 provincial-level industrial parks to establish a “Smart Supervision Platform,” enabling real-time online monitoring of safety, environmental protection, and emergency response in the southern petrochemical industrial zone.

Recently, construction on the water supply project for the Northern Industrial Concentration Zone has been proceeding in an orderly and intensive manner. The project has been approved to build a new 25,000-cubic-meter water supply booster station, along with 38 kilometers of water transmission and distribution pipelines, and is scheduled to be completed and put into operation by the end of June this year.

Notably, the approval process has been streamlined to anticipate and address the needs of enterprises.

The number of procedures for general-category projects has been streamlined to 15, with a minimum processing time of 156 days; for chemical industry projects, the number of procedures has been streamlined to 17, with a minimum processing time of 194 days, effectively addressing bottlenecks that hinder project implementation.

Whether through enhanced enterprise services or improvements to the business environment, the upgrades and iterations in Xifeng are driven by the goal of eliminating unnecessary procedures, breaking down unjustified barriers, and clearing up ambiguities to the greatest extent possible. This effort aims to provide market entities with an open, fair, transparent, efficient, and stable environment, moving toward a higher-quality business environment.