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Liangjiang New Area in Southwest China's Chongqing municipality plans for high-quality development in 2021 to make a strong start to the 14th Five-Year Plan (2021-2025).
The 1,094 manufacturing companies above a designated size in Chongqing municipality achieved a total output value of 210.1 billion yuan in 2020.
The municipality of Chongqing in Southwest China will invest 3 billion yuan ($463.91 million) to upgrade 16 km of land in the core area of the Liangjiang New area, at the intersection of the Yangtze River and the Jialing River.
The National Development and Reform Commission and the Ministry of Commerce released a revised industry catalog on Dec 28, 2020, that identifies more sectors encouraging foreign investment.
As one of the most important auto industry clusters in Chongqing, Liangjiang produced 757,000 automobiles from January to October this year, with an output value of 134.4 billion yuan ($20.55 billion).
After 12 days being shipped by river, 16 containers arrived at Wanzhou's Jiangnan Tuokou port in Chongqing on Dec 22.
During the first 11 months of this year, the electronic industry in Liangjiang achieved an output value of 165.6 billion yuan ($25.28 billion).
Guoyuan port in Liangjiang New has increased cooperation with ports in Sichuan province.
Chongqing recently launched a two-step customs declaration service for the first time in cargo transportation along the New International Land-Sea Trade Corridor.
Statistics show that by Dec 7, the total number of market entities in Liangjiang reached 100,062.