Seizing the chance of the three events of Chongqing becoming a municipality directly under the central government, the construction of the Three Gorges Dam Project, and the great development of western China, Chongqing has been making great effort readjusting its economic structure, opening wider to the outside world, deepening its system reform and speeding up its construction of infrastructure facilities. bringing about an overall economic and social development and further growth in its comprehensive power. This has placed the city among the top five among the 12 provinces and provincial divisions in western China in terms of major economic indexes. In 2003, the GDP of Chongqing reached 225 billion yuan, increasing by 11.4 percent. The revenue in the budget of the local government was 20.6 billion yuan, increasing by 30.9 percent.
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As a comprehensive industrial city with a long history, Chongqing has more than ten thousand independent accounting industrial enterprises, of which 2,054 are industrial enterprises above designated size, with 840,000 employees and a total capital fund of 201.3 billion yuan. In 2003, the industrial economic results reached a record high: industrial enterprises above designated size reaped a total profit value of 7.8 billion yuan, an increase of 80 percent; and its comprehensive index of industrial economic benefits was 125 percent, 19 percentage points higher than that of the previous year. Heavy and light industries in Chongqing have been developing concurrently, complete with different branches. Manufacturing industry is well developed in Chongqing, making the city one of China¡¯s major production bases of motorcycles, cars, instruments and meters, refined chemicals, large transformers, and traditional Chinese medicine. The city boasts the largest aluminum processing works, 382 car- and motorcycle-making enterprises above designated size. Its output of motorcycles makes up one third of the total national output, and its export of motorcycles is more than half of the national figure. Chongqing has become one of the ten major bases for export of mechanical and electrical products.
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Chongqing is a combination of a large city and vast rural areas. Its countryside covers a large area and has a large population. There is great potential for development of its agricultural resources. At present, Chongqing has 1,560,000 hectares of farmland, and a rural labor force of 13.45 million people. The city has varying geographic and topographic features, rich in natural resources. It is one of China¡¯s major bases for grain production and marketable pork. In 2003, the annual average per capita net income for Chongqing rural people was 2,215 yuan, an increase of 5.6 percent over that of the previous year. The Engel coefficient is 52.5 percent, a drop of 10.7 percentage points as compared with that at the time before Chongqing was promoted to a city directly under the central government. ¡¡People in rural areas of Chongqing are marching on the road to a comfortable life.
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Chongqing, a city where the Yangtze and Jialing rivers meet and a city with convenient transport facilities, is a major market for commodity distribution in southwest China and a booming business and trade center on the upper reaches of the Yangtze River. In Chongqing, a commodity market system is taking shape, facing the whole country, linking up cities on the Yangtze, casting its influence in southwest China, developing from a traditional type of commerce to a modern type. In 2003, the total value of retail sales of consumer goods reached 83.5 billion yuan, a rise of 9.5 percent over that of the previous year.
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Chongqing is the largest hub of postal and telecommunications on the upper reaches of the Yangtze River and in southwest China. It is the control center for postal and telecommunication services in southwest China. It can easily reach 145 countries and regions in the world by postal and telecommunication se |
Comprehensive Power of Chongqing
Posted - 03/21/2007 : 06:34:55
