The Shaanxi Free Trade Zone High-tech Area, located in the Xi'an High-tech Industrial Development Zone, achieved a bumper crop of 8,716 projects and facilitated the establishment of offices for 112 Fortune Global 500 companies and 205 member institutions and subsidiaries in its first year of operation. With 144.56 billion yuan in newly registered capital, including US$100 million invested by foreign investors, the Shaanxi area has become a key growth engine and a powerful driving region for attracting both foreign and domestic companies.

The Xi'an High-tech Industrial Development Zone is China's first industrial development zone to provide services seven days a week, and it introduced the first pilot project in Shaanxi Province to integrate central and local government taxes. The zone was established under a series of policies aimed at eliminating unnecessary regulations, increasing efficiency, and promoting the Shaanxi region as an ideal investment destination. Its success in the first year confirmed that it dramatically streamlined business registration procedures. For example, it identified 465 items that required only a single visit to a government agency prior to regulatory approval.

Hongjiang Zhong, a member of the Xi'an Standing Committee and Party Secretary of the Xi'an High-tech Industrial Development Zone, said, "Our zone is an economic engine that promotes technology-oriented regional projects utilizing the Belt and Road project strategy," adding, "We are seizing a historic opportunity to provide greater policy convenience for all technology projects in the region."

Shaanxi Province has emphasized support for local enterprises, allocating 2 billion yuan (US$319.48 million) in capital for startups last year and establishing a 20 billion yuan (US$3.19 billion) fund to guide investment in strategic new industries to foster enterprises potentially worth tens of billions of yuan.

Xi'an High-tech Industrial Development Zone provides integrated customs clearance services 24 hours a day. For integrated circuit (IC) products developed by the company, the customs clearance time, which previously took about 3 days, has now been shortened to less than 3 hours, and efficiency has increased by 95%.

In addition, this district has established an advanced service platform equipped with powerful data sharing, credit profiling, and credit rating capabilities, and provides strong financial support to enterprises. For example, this district has partnered with the Shenzhen Stock Exchange and the Shaanxi Stock Exchange to build an online roadshow platform connecting 3,200 Chinese institutions and over 8,000 Chinese investors.