A conference themed on business environment promotion was held on Sept 15 in Liangjiang New Area, Southwest China's Chongqing municipality, in which a series of new undertakings for the new area were established.

Liangjiang contributes 15 percent of Chongqing's economy but occupies less than 1.5 percent of its total area. In addition, 20 percent of Chongqing's industrial output and 30 percent of its exports and imports and the added value of the digital economy are produced by the new area.

In the new area, Liangjiang will seek to upgrade itself especially in industrial development, technological innovation, reform and opening-up, regional coordination, city construction and social governance.

The goals are that by 2025, the areas directly under the administration of Liangjiang will register 800 billion yuan (114.64 billion) or more in total industrial output above a designated size. Meanwhile, the service trade revenue above a designated size should exceed 200 billion yuan, and the digital economy added value should account for 50 percent of its regional GDP. Liangjiang should be home to over 7,000 enterprises, and its exports and imports should surpass 420 billion yuan.

By then, everyone working and living in the new area should be within a 30-minute commute from work, and Liangjiang will act as a demonstration area for law-based governance equipped with smart devices.

To reach these goals, the government will implement several special campaigns focusing on aspects such as industrial transformation, talent and business promotion, business-friendly environment, city quality, and grassroots social governance.