Home » News » Chengdu-Chongqing Twin-City Economic Circle: 8.6 Trillion Yuan GDP Projection for 2024 Unveils Four Innovative Strategies

Chengdu-Chongqing Twin-City Economic Circle: 8.6 Trillion Yuan GDP Projection for 2024 Unveils Four Innovative Strategies

chengdu-Chongqing ​Twin-City Economic Circle: A Five-Year Journey of Transformation and Growth

On January 9, teh State Council Data Office held a press conference to unveil the remarkable progress⁤ of the Chengdu-Chongqing Twin-City Economic Circle over the past five‌ years. The event, attended by ‍key officials including Chen‌ Yajun, Deputy Secretary-General of the National ⁢Progress and Reform‌ Commission, and ‌Chen Xinwu, Executive Vice Mayor of Chongqing, highlighted the region’s transformation into a⁣ powerhouse of‌ economic, technological, and social development.

The Chengdu-Chongqing Twin-City Economic Circle, a strategic ​initiative by ⁢the Party Central Committee, has become a beacon of integrated​ development in⁢ China’s western region.Over the past five years, the collaboration between Sichuan and Chongqing has yielded groundbreaking results, ‌reshaping the region’s economic landscape‌ and setting new benchmarks for innovation and sustainability.


A New Leap in Economic Growth‍ ‍

The construction of an crucial ​economic center with⁣ national influence ‍has achieved a new leap.Five years ago, the GDP of the Chengdu-chongqing region stood ⁣at less than 6.3 trillion yuan. ‍By 2024, it is indeed ​projected ⁢to soar to 8.6 trillion yuan, accounting for 6.5% of the national⁤ GDP—a significant increase from ‍6.3%.

This ⁤growth has been fueled by the development of‌ four major trillion-level industrial clusters:‍ electronic information, equipment manufacturing, ⁢advanced materials, and specialty consumer goods. Notably, the region’s automobile output and electronic ‌information output⁤ value ⁢now account for over 10%⁣ of the national total. Additionally, the Bashu Cultural Tourism Corridor has gained⁤ widespread popularity, further boosting the region’s economic and cultural‌ appeal.


A New Look in Scientific and Technological ​Innovation

The Chengdu-Chongqing Comprehensive Science Center and the Western Science City have emerged as hubs of innovation. The region has ‌accelerated the construction of the ⁢ China⁢ (Mianyang) Science and ⁢Technology ‌City and reorganized‍ several national key ⁢laboratories.

Collaborative innovation has also ‌taken ⁤center stage.The​ Sichuan-Chongqing Science and Technology Innovation Cooperation Plan ‌has facilitated ​the sharing of⁤ over⁤ 14,000 large-scale scientific research ⁤instruments and equipment. Furthermore,12 high-tech zones have⁣ formed a strategic alliance for collaborative ‍innovation,fostering a dynamic ecosystem ‌for technological advancement.


New Breakthroughs ​in Reform and Opening Up ‍

The region has made significant strides in​ becoming a new highland for reform and‍ opening up. Key reforms include the comprehensive advancement of market-oriented factor allocation and ⁣the establishment of the Chengyu Financial Court, China’s first specialized court ‌with cross-provincial ⁣jurisdiction⁢ over financial cases.⁢

On the international front,​ the New Land-Sea Corridor ⁢in the West has ​expanded its ‍reach to‍ 548 ports in 126⁢ countries and regions. Additionally, the region has operated a staggering 36,000 China-Europe freight trains, solidifying its role as a global trade hub.


New Progress in ⁣High-Quality Living ​ ⁢

the Chengdu-Chongqing region has also prioritized the creation of a high-quality living and livable environment. Environmental protection efforts have led to a decrease in PM2.5 concentrations and the establishment of the country’s first inter-provincial ⁤joint office for the river chief system. The water quality of the Yangtze ⁢River’s Sichuan and Chongqing sections⁢ has‌ stabilized at Category​ II.

In public services, ⁣the Sichuan-Chongqing Convenient Life Action has streamlined⁢ access to 355 government⁢ services, enabling seamless cross-regional access ⁣to healthcare, pension insurance, and housing provident funds.


Key Achievements at a ‌Glance ⁤

| Category ⁢ ​ ⁣ ⁤| Key Achievements ‍ ‌ ⁤ ⁣ ‍ ⁢ ‌ | ​
|—————————-|————————————————————————————-| ‌
| economic Growth ​ | GDP projected to reach 8.6 trillion yuan by 2024, ‌up‌ from 6.3 ⁣trillion yuan in 2019. | ‍
| Industrial Clusters ​⁣ | Four trillion-level clusters:⁢ electronic ​info,‍ equipment manufacturing, materials, ⁣consumer ‌goods. |
| Innovation ‍ | Chengdu-Chongqing Science Center,​ Western Science City, and 14,000 shared instruments. |
| Reform ‍and opening Up | ‍Chengyu Financial court, 36,000 China-Europe freight‌ trains, New Land-Sea Corridor. | ⁢
| Environmental Progress | PM2.5 reduction,‍ Category II water quality in Yangtze River sections. ​ ⁣ ​ ⁢ |​
| Public Services ⁢ | 355 cross-regional government services, mutual recognition of medical exam results. |


A Model for ‍Integrated Development‌

The Chengdu-Chongqing⁢ Twin-City Economic Circle stands as a⁤ testament to the power of collaboration and strategic planning. As‌ Chen‍ yajun noted,⁤ “The construction of the twin-city economic circle ⁣is a major decision made by⁤ the Party Central⁤ committee.” This initiative has not only transformed the region but also set a precedent for integrated development across China.

Looking ahead, the region aims to ‌further enhance its economic, technological, and environmental contributions, solidifying its position as a national and global leader. ‍


What’s next for the Chengdu-Chongqing Twin-City⁢ Economic Circle? Stay tuned as this dynamic region​ continues to ‌redefine the future of China’s western development.⁢

For⁣ more insights into China’s regional development strategies, explore our coverage of the New Land-Sea ​Corridor and the Western Science City.

Chengdu-Chongqing Twin-City⁤ Economic Circle: A Five-Year Journey of Conversion and Growth

On January 9,⁢ the State Council Data Office held a press conference ⁢to unveil⁤ the remarkable progress of the Chengdu-Chongqing Twin-City Economic Circle over the past five years. The ‍event, attended by key officials including Chen Yajun,⁤ Deputy Secretary-General of the ​National Development ‍and Reform Commission, and Chen Xinwu, Executive ‍Vice Mayor of Chongqing, highlighted the region’s ⁢transformation into a powerhouse ‍of ⁣economic, ​technological, ​and social development.

The chengdu-Chongqing Twin-City Economic Circle, a strategic ⁣initiative by the⁣ Party Central‌ Committee, has become a ‍beacon of integrated development in China’s ‍western region. Over the past five‌ years, the collaboration between Sichuan and‍ Chongqing has yielded groundbreaking results, reshaping the region’s economic landscape ​and ‍setting new ⁣benchmarks for‌ innovation and sustainability.


A New Leap in Economic Growth

Senior Editor: ⁢Dr.⁤ Li wei, thank you for joining us today. Let’s start with the economic growth of​ the⁣ Chengdu-Chongqing region. The GDP has grown ⁣significantly from 6.3 trillion yuan in ⁤2019 to ‌a projected⁣ 8.6 trillion yuan ‌by 2024.⁢ What factors have driven this impressive growth?

Dr. Li‍ Wei: Thank you for having me. ⁢The growth has been driven by the development of⁤ four major trillion-level industrial clusters: electronic information, equipment ⁤manufacturing, advanced materials, and specialty ⁤consumer goods. These clusters ​have not only boosted the ⁤region’s GDP but also positioned it as a national leader in these sectors. For instance, the region’s automobile and electronic information‍ output now account for⁣ over 10% of the national total. Additionally, the Bashu Cultural Tourism ​Corridor has significantly⁤ contributed to the region’s economic and cultural ⁢appeal.


A New Look ⁢in Scientific ‍and Technological Innovation

Senior Editor: ​The Chengdu-Chongqing⁢ region has⁣ also made significant strides in scientific and technological innovation. Can you elaborate on ‍the key developments ⁢in this area?

Dr. Li wei: Absolutely. The establishment of the Chengdu-Chongqing ‍Thorough Science Center and the Western Science City has been ⁣pivotal. These hubs have ⁢accelerated the construction of the China (Mianyang) ⁣Science and Technology City and the⁣ reorganization of several national key laboratories. Collaborative innovation has also been a focus, with the​ Sichuan-Chongqing ⁤Science and Technology Innovation Cooperation Plan facilitating the sharing of over 14,000 large-scale scientific research instruments.‌ Furthermore, 12 high-tech zones⁣ have​ formed⁢ a strategic alliance for collaborative innovation, fostering a⁤ dynamic⁤ ecosystem for technological advancement.


New Breakthroughs in Reform ⁣and Opening Up

Senior Editor: The region ‌has also ‌made significant strides in reform and opening up.⁤ What are some of the key achievements in this area?

Dr. Li Wei: The region has become a new highland for reform and opening up. Key ⁤reforms include the comprehensive advancement of market-oriented factor allocation and​ the establishment ‍of the Chengyu Financial Court, China’s first specialized ⁣court ⁤with cross-provincial jurisdiction over financial cases.On the international⁤ front, ⁢the New Land-Sea Corridor ‍in ‌the west ⁤ has expanded ⁣its reach to 548 ports in 126⁤ countries and regions. Additionally,the region has operated a staggering 36,000 China-Europe​ freight trains,further integrating it into ⁣global trade networks.


Environmental ‍Progress and Public Services

Senior Editor: The region has also made notable progress in environmental ‌protection and public ⁤services.Can you highlight some⁤ of these achievements?

Dr. Li Wei: Certainly. The establishment of ⁤the country’s first inter-provincial ​joint office ⁢for ⁢the river chief ⁣system has been a ⁣significant‍ step in environmental protection. ‌The water quality of the Yangtze‍ River’s Sichuan and Chongqing sections has stabilized at‌ Category II, reflecting the region’s ⁣commitment to sustainable development. In public services, the Sichuan-Chongqing Convenient Life Action has streamlined ‌access to⁢ 355 government services, enabling seamless⁤ cross-regional access to healthcare, pension insurance, and housing provident funds. This initiative ​has greatly enhanced the quality‍ of life for residents in the region.


Looking Ahead: The Future of the Chengdu-Chongqing Twin-City Economic Circle

Senior Editor: As we look​ to the future, ⁢what‌ are the next steps⁢ for the Chengdu-Chongqing Twin-City Economic Circle?

Dr. ‍Li Wei: The region aims to further enhance its economic,⁤ technological,⁤ and environmental contributions, solidifying its position as a national and global leader. The​ focus will be on deepening reforms, expanding ‌international cooperation, and⁢ fostering innovation. The Chengdu-Chongqing Twin-City Economic Circle is ⁤poised to continue redefining the future of China’s western development, setting a ⁣precedent for integrated development across the country.


For more insights ⁣into China’s⁣ regional development strategies, explore ‌our coverage of the New ⁤Land-Sea Corridor and the Western Science City.

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