A press conference is held in Hohhot, Inner Mongilia, to outline the progress made on the Yili Modern Smart Health Valley project, June 1. [Photo/Hohhot Daily]

Progress on the Yili Modern Smart Health Valley project in Hohhot, capital city of North China's Inner Mongolia autonomous region, as well as the state of industry-city integration, were outlined during a press conference held on June 1.

According to Hohhot officials, the Yili project is of great significance to Hohhot in terms of its development into an upgraded version of "China's Dairy City".

In terms of economic benefits, following the completion of the project, Yili Group's output value will reach 200 billion yuan ($31.34 billion). In terms of social benefits, 500,000 people will be employed, making the Health Valley a new benchmark for industry-city integration.

The Preferential Policies for Investment Promotion in Hohhot Dairy Development Zone were also explained during the press conference.