There was a ceremony, on April 2, for the founding of the China Petrochemical Corp’s (Sinopec) Xinjiang Energy and Chemical Co’s headquarter in the State high-tech zone of Urumqi, the capital of the Xinjiang Uygur autonomous region.

This also marked the beginning of the headquarter strategic base designed to integrate the company’s development, decision-making and management, and scientific research training. Xinjiang Daily reported Tuesday.

Upon completion, the base is expected to attract senior technical personnel and talented managers in the coal and chemical industry to the area and provide supports for the zone’s economic growth and environmental improvements.

The Urumqi high-tech zone, which has been pulling in many large enterprises and group headquarters, will increase its cluster effect after work on the base is completed by the Xinjiang Energy and Chemical Co. The zone is expected to be Xinjiang’s first economic zone with a GDP of more than 100 billion yuan.