In the first quarter of 2025, Jiuquan's private sector performed strongly, with 169,500 registered market entities and 12 local enterprises making the list of Gansu province's top 100 private companies.
Jiuquan Iron and Steel Corporation (JISCO) was founded in 1958 and was the fourth steel industrial base planned by China after Anshan, Wuhan and Baotou.
Sinovel Wind Group Co., Ltd. is China's first specialized high-tech enterprise engaged in the independent development, design, manufacturing and marketing of large-scale onshore, offshore and intertidal wind turbines.