Liangjiang's aviation industry incubation base. [Photo/liangjiang.gov.cn]

Liangjiang New Area in Southwest China's Chongqing municipality has gathered 12 automakers, including Changan and SERES, and 120 automotive spare part providers above a designated size. It has formed the "headquarters R&D-car making-core component supporting-vehicle wholesaling-application scenarios" full-chain development pattern.

Last year, the new area recorded 165.18 billion yuan ($23.29 billion) of automobile output, up 23 percent, accounting for 36.6 percent of Chongqing's total.

The electronic industry is the new area's other backbone. So far, Liangjiang has formed its "new-type displays + IC + smart terminals" electronic industrial cluster.

Especially in new-type displays and smart terminals, the new area has been home to 26 supporting companies producing backlight modules, polarizers, and glass substrates.

High-end equipment, biomedicine, new materials and energy storage, and aerospace and aviation are future industries Liangjiang is cultivating.