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Achievements of Chongqing’s Liangjiang New Area

Updated: 2014-01-24

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In the three years since its establishment, Liangjiang New Area has formed a multi-field, multi-channel opening pattern by improving its opening-up platform and innovating its industrial pattern. Achievements have been made in import and export, overseas investment, and harbor functions - and its basic mechanism concerning the opening-up of the interior has already been established.

Achievements of Chongqing’s Liangjiang New Area

I. Establishment of a clear development path

According to the strategic policy of the State Council, Chongqing municipality and the local government clarified the Liangjiang New Area's development goals for the period until the end of 2020: To build another Chongqing industrial system, Chongqing economic system and a main city of Chongqing. It has tripled the economic index and achieved a GDP of 600 billion yuan ($99 billion). The total industrial output value has reached 1 trillion yuan while the residential population reaches 5 million. Five economic sections - "one center and four belts" - have been established: a financial and business center, a belt of advanced technology, belt of urban functions, belt of logistics and manufacturing, and a belt of advanced manufacturing industry.

II. Infrastructure has been fully upgraded.

III. Development platforms form rapidly. Five development platforms have been boosted - concerning the construction of the inland opening-up heights: the Industrial Park Platform, Financial Platform, Exhibition Platform, Bonded Logistics Platform, and Information Platform.

IV. The rapid formation of industrial structure.

Car and high-tech industrial groups are developing. Chang'an and Changan Fordare growing smoothly. Projects like SAIC-GM-Wuling and Angang automobile plates have been implemented. The output of Hongqi Notebook is on the rise, and the LCD panel line 8.5 of the Jingdongfang is in production. High-tech industries and the modern service industry are rapidly developing, and the area has boosted invention concerning general aircraft and robots - along with important logistics projects.

V. Promotion of the conditions for opening-up.

VI. Rapid economic growth. During the period from January to September, the GDP reached 118.7 billion yuan, with a growth rate of 16.2 percent; the total industrial output reached 251.1 billion yuan with a rate of 34.1 percent, and gross fixed asset investment grew 18.1 percent to 104.8 billion yuan. The public financial income budget reached 16.3 billion yuan with a rate of 20.2 percent - and the total export-import volume increased 20 percent to 20.2 billion yuan.

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Chongqing lies at the convergence of the Yangtze and Jialing rivers.

 

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