Economy of Chongqing
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
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External links
- Chongqing: Market Profile, 19 December 2013
- Chongqing (Chongqing) City Information – Major Economic Indicators (2013)
- Chongqing articles from The Economist
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