Chongqing, a super-large city with the greatest investment potential in West China, has advantages in the following five aspects:
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Advantageous geographic position
Situated at the heart of the economic belt on the upper reaches of the Yangtze River and the joining part of eastern China with western China, Chongqing is the key region in the strategic plan for developing western China.
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Complete infrastructure
Chongqing is the only hub of water, land and air communications in western China. It is the meeting place of the trunk railways and artery expressways that run east-west and north-south across the Chinese continent, and fleets of three thousand-ton ships can reach Chongqing port from east along the Yangtze. The Jiangbei Airport of Chongqing is a key trunk line airport developed by the State. Chongqing is one of the centers of load in the electricity grid in western China. With its large quantity of coal and natural gas, Chongqing has a highly reliable energy supply.
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A strong industrial base
Chongqing is a strong industrial base with industries complete in range and branches and capable of forming comprehensive systems of chains of industries. The city used to be one of China¡¯s old industrial bases, and now it is vigorously developing five industries: car and motorcycle making, chemicals and medicine, construction and building materials, foodstuffs, and tourism. At the same time it is accelerating its hi-tech industries represented by IT engineering, biological engineering and environment protection engineering. ¡¡
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Well-developed science, technology and education
The city has a large concentration of professionals in the fields of science, technology and education. It boasts more than 1,000 institutions of scientific research, 29 universities and colleges, and more than 600,000 scientific and technological workers.
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A large potential market
Chongqing is a populous city, and its people are going from simply having enough food and clothing to leading a relatively comfortable life. People and towns and factories are moving of from flooded areas, infrastructure construction is going on large scale, projects of biological protection and treatment of pollution are under way, and industries in the old industrial base are in the process of modernization and upgrading. All these factors may result in tremendous demands in consumption and needs for investment.
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Seizing the historic chance of the great development of West China, a strategy of the central government, Chongqing is carrying out its strategic plan of building the city into a center of business and trade, finance, science and technology, information and culture, a pivot of transport and telecommunications and a modern industrial base based on hi-tech industries, and is speeding up its economic and social development, serving as a window to the outside world, exerting its economic influence to other areas and helping the development of southwest China and the upper reaches of the Yangtze River.
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Comparative Advantages of Chongqing
Posted - 03/21/2007 : 06:29:03
