Over the first three quarters of this year, strategic emerging industries in Liangjiang New Area, Southwest China's Chongqing municipality registered 187.11 billion yuan ($25.78 billion) in output, a year-on-year increase of 5.5 percent, according to local news reports on Oct 24.
The new energy vehicle (NEV) sector has become a highlight, with its output 3.2 times higher than that of the same period last year.
Changan Motor launched many intelligent connected NEVs this year, including Shenlan SL03, Avatr 11, and Auchan Z6, and sold a total of 30,046 cars under its independent brands in September, up 163.15 percent.
From January to September, SERES produced 94,600 NEVs and sold 91,153 cars, surges of 274.52 percent and 254.36 percent, respectively.
The energy-saving sector is another highlight of the strategic emerging industries, reporting output growth of 28.6 percent in the first three quarters. Meanwhile, the high-end manufacturing and new materials sectors also grew by 10.4 percent and 6.5 percent, respectively.
Liangjiang is currently developing its emerging businesses, including NEVs, energy-saving, aerospace and aviation, biomedicine, high-end equipment, new materials and digital economy. Moving forward, the new area will continue to support these sectors in terms of policy, talent supply and finance.
John Edwards, the UK trade commissioner for China, praised Chongqing over its rise as a burgeoning center in intelligent manufacturing.