Economy of Chongqing

Night view of the CBD in Chongqing across the Yangtze River.
The Three Gorges Dam on the Yangtze River, an important source of hydroelectric power in China.

The economy of Chongqing, China, has developed rapidly during the 21st century.[1] In 2011, Chongqing's gross domestic product exceeded 1 trillion Yuan (US$158.5 billion).[2] In 2013, the economy of grew by 12.3%.[3]

The "Chongqing model" was a series of economic and social policies adopted in Chongqing, most closely associated with the later disgraced politician Bo Xilai,[2] who served as the city's Communist Party secretary during 2007–12.

The West Triangle Economic Zone is an economic zone designated by the Chinese government comprising Chengdu, Chongqing, and Xi'an.[4] Created as part of the China Western Development strategy, the zone contributes nearly 40% of Western China's GDP.[5] In addition, Chongqing is one of China's five National Central Cities.

A large central business district is being constructed in the centre of the city of Chongqing, in Jiangbeizui CBD, with high-rise skyscrapers, due to be completed in 2018.[6] Jiangbeizui CBD aims to attract financial institutions, making it a financial center in the future.[7]

New North Zone is an economic administrative zone in north Chongqing, covering a land area of 130 square kilometres (50 sq mi) and established in 2002 to include Chongqing Economic and Technological Development Zone, Chongqing High-Tech Industrial Development Zone and Chongqing Export Processing Trade Zone.[8]

The Zhongxian–Wuhan Pipeline is a natural gas pipeline, connecting Chongqing and Sichuan gas fields with consumers in Hubei and Hunan provinces.[9] The Three Gorges Dam is a major source of hydroelectric power in the region.

See also

References

  1. ↑ "Chongqing". The China Perspective. Retrieved 23 September 2014. External link in |work= (help)
  2. 1 2 "The Chongqing Economy: An Illustrated Primer". Wall Street Journal. Retrieved 23 September 2014.
  3. ↑ Ji Jin (17 May 2012). "Chongqing's economy grew 12.3% last year: official". China Daily. Retrieved 23 September 2014.
  4. ↑ "Western triangle zone's attractiveness increasing". 18 August 2011-08-18. Retrieved 31 May 2013. Check date values in: |date= (help)
  5. ↑ "China's Economic Zones: A Regional Round-up". 22 October 2009. Retrieved 31 May 2013.
  6. ↑ "Chongqing Jiangbeizui CBD takes shape and is expected to be fully completed by 2018". Chongqing Municipal Government. 17 June 2013. Retrieved 23 August 2014.
  7. ↑ "Jiangbeizui Financial Center". China: Chongqing Liangjiang New Area. 7 January 2014. Retrieved 23 August 2014.
  8. ↑ "New North Zone". Chinese Government. Retrieved 23 September 2014.
  9. ↑ "PetroChina's Zhongxian-Wuhan Gas Pipeline commences construction". China Chemical Reporter. 6 September 2003. Retrieved 28 February 2009.

External links


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