Sep 18
Chengdu to boost Belt and Road, opening-up in western China
Sichuan province's capital will attract more industrial development opportunities.
Chengdu said it will strengthen the innovation of its supply support services and to foster healthy industrial development ecosystems. It also plans to take measures to build up industries that can help to enhance its international competitiveness and power to support regional development, after holding the National Core City Industrial Development Conference and releasing the 50 new industrial supportive policies in July.
The city has long been regarded as one of the most competitive cities in western China. Its GDP reached 1.22 trillion yuan ($183.11 billion) in 2016, for a year-on-year increase of 7.7 percent.
The city has five pillar industries - electronic information, automotive manufacturing, food and beverage, equipment manufacturing and bio-pharmacy.
Chengdu has set itself a goal of becoming a national core city that can demonstrate China's new development philosophy - embracing innovation, coordination, sustainable development, openness and shared development.
One example of that is a town focusing on developing bio-industry in Chengdu Tianfu International Bio-town. In July it signed strategic agreements with Sino-US Business Innovation Center (Boston) and Curelong, a unit of United States-based Cureport.
The agreement involved the launch of Curechuan Chengdu Pharmaceutical. Curelong will invest at least 1.3 billion yuan to establish an international nanobiomedical industry base.
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The first phase of the project is expected take up 13.33 hectares. It will be a nanobiomedical technology development, incubation, cooperation and commercialization center upon completion.
The project will create 840 job positions, 300 of which will be for technology developers.
The operators of Chengdu Tianfu International Bio-town are also keen to learn more about advanced technology and talent management skills from international companies.
Representatives from the bio-town have visited Harvard University, Cambridge University and international biomedical companies including Cureport and 1Globe Holdings.
"Chengdu and Boston share some similarities in terms of their advantages in science development and education," said Li Xinwei, chairman of Chengdu Tianfu International Bio-town Investment and Development.
Li said that Boston has gathered global leading pharmaceutical companies, a biological technology company and first-class talent, while Chengdu has leading research institutes based at Sichuan University, University of Electronic Science and Technology of China.
"With the promotion of international cooperation and the deepening of cooperation between schools and enterprises, it is expected that more internationally renowned enterprises and talent will settle down in the bio-town," Li said.
The bio-town is taking measures to attract more projects and high-caliber staff. So far, 62 projects, with a total agreed investment of 78.8 billion yuan, will settle in the town, according to the local authorities.
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Apart from the biomedical industry, Chengdu has always attached great importance to the electronic information industry.
The electronic information sector is expected to provide the first industrial cluster in Chengdu, with over 100 billion yuan of annual income by 2020, according to the city's latest development plan.
At present, Chengdu has become a key base for the electronic information industry in China. Global IT giants including Intel, Texas Instruments, Dell, Siemens and Foxconn have launched branches in the city.
Global Foundries, one of the world's leading wafer fabrication companies, launched its Chengdu 12-inch (305-mm) wafer fabrication project in Chengdu High-Tech Industrial Development Zone and is expected to to become operational in 2018.
Once finished, it will be the 11th production facility for the company in the world, as well as the largest and most advanced one in China, according to Sanjay Jha, CEO of Global Foundries.
China's first sixth-generation flexible AMOLED display screen production line, built by domestic leading screen maker BOE Technology, went into operation in Chengdu in May.
(source: www.chinadaily.com.cn, Spetember 13, 2017)
Sep 15
UNWTO Event Puts Spotlight On Chengdu
It is set to demonstrate its beauty and charm to global guests who participate in the 22nd Session of the United Nations World Tourism Organization General Assembly Sept 11-16.
The six-day session is a biennial event that represents the highest level of conventions in world tourism. It is the first time that the event is held in central and western China.
The event attracted more than 1,500 participants, including officials from UNWTO, ministers of tourism from 150 member countries and other related international organizations.
"On behalf of the Chengdu government and the 16 million residents in the city, I would like to thank UNWTO for choosing Chengdu as the host city of the event," said Luo Qiang, mayor of the city. "I want to extend a warm welcome to global guests participating in the event and traveling around the city."
Chengdu has paid significant attention to organizing this grand event, according to Luo. Many tourism promotion events, such as a Chengdu-themed photography exhibition and a tourism products exhibition, have been organized to demonstrate Chengdu's beauty. Event participants will also have the chance to visit some famous tourism sites in Chengdu to learn about the city's tourism resources and unique culture.
Officially named Chengdu 2,300 years ago, the city has over 4,500 years of civilization history. Unlike other cities in the world, its location has never changed. The city, the hometown of the giant panda, also earned the name Tianfu Zhiguo, literally meaning land of abundance, in ancient times.
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With thousands of years of history, Chengdu has accumulated rich cultural resources, such as the ancient Dujiangyan Irrigation Project, Wuhou Temple, Jinsha Site Museum and Dufu Thatched Cottage. The Golden Sun Bird relic unearthed from the Jinsha Site dates back to 3,000 years ago. It was excavated in 2001 and has been chosen as the logo representing China's cultural heritage.
The city is also making a name for itself on the global stage for its delicious food, such as hot pot.
Chengdu was recognized as one of the top 10 best tourism destinations in China, winning the Asia Tourism Red Coral Award in 2016. The city ranked as the world's second-highest global destination city in terms of visitor growth rate on the MasterCard 2016 Global Destination City Index.
The local government is aways committed to promoting the concept of sustainability in urban construction and strengthening cooperation with global cities in the environmental protection field.
Businesses in Chengdu are encouraged to use renewable resources. Clean energy will account for 57.4 percent of the city's total energy consumption, according to the local authorities.
Chengdu became a national low-carbon pilot city in China in early 2017, setting itself the goal of becoming a leader in carbon emission control by 2025.
The city has released a series of projects including a greenery improvement plan, a smog treatment plan and a traffic congestion solution, aiming to develop a modern industry that can support its environmental protection efforts.
"We will actively take measures to stress sustainable development in the coming years," Luo said. "We will maintain a balance between urban development and environmental protection."
(source: www.chinadaily.com.cn, Spetember 13, 2017)
Sep 12
1st phase of Chengdu's Subway Line 10 starts trial operation
(source: news.xinhuanet.com, September 6, 2017)
Sep 11
New aerospace factory joining Chengdu park
Wang Lizhi, an expert taking part in the national "1,000 Talent Plan", a government-initiated global talent pool program, has helped a Chinese company to fully acquire a leading European aerospace manufacturer and opened its flagship plant in Chengdu.
In June, Chinese aerospace and mining group Ligeance Investments, a subsidiary of Shaanxi Ligeance Mineral Resources, acquired the United Kingdom-based Gardner Aerospace Holdings Ltd. This is a supplier of aircraft engine manufacturer Rolls-Royce Holdings Plc and European aircraft manufacturer Airbus Group SE. The deal is 326 million pounds ($420.5 million).
A month later, Ligeance Investments launched Gardner Aerospace's largest factory in Chengdu. Currently, Gardner Aerospace has 10 production plants globally.
Wang, vice-president of Shaanxi Ligeance Mineral Resources, and a board member of Gardner Aerospace, said the new project in Chengdu costs an investment of 600 million yuan ($91.2 million).
"Next year, when the plant would be put into production, the output value would reach 1 billion yuan. In its second year of the operation, the project is expected to create an annual output value of 3 billion yuan.
"The project will help to advance the domestic manufacturing level of high-temperature alloy materials and core components for aircraft engines, and push forward the localization of aircraft components. We are also likely to take some orders of the C919," he said.
The aviation sector has become an indispensable part of high-end manufacturing in Chengdu. By 2022, the industry scale of aviation in the city is expected to reach 120 billion yuan, and will form an industry cluster of aircraft manufacturing.
(source: www.chinadaily.com.cn, September 5, 2017)
Sep 07
Chengdu sets sights on closer ties with BRICS
The city hosted the 2017 BRICS Friendship Cities and Local Governments Cooperation Forum in July, which offered an important opportunity for local governments from BRICS to enhance understanding, deepen cooperation and share experiences.
The Chinese government values cooperation with local governments from BRICS highly, especially its partnership under the sister city framework, said Wang Jiarui, vice-chairman of the National Committee of the Chinese People's Political Consultative Conference.
"The forum is an ideal platform for promoting the cooperation," Wang said.
The Chengdu Initiative released at the forum proposes BRICS focus on culture, tourism, economy and trade, and science and technology to expand foreign exchange channels and boost international communication and cooperation.
The initiative encourages colleges from BRICS to join in the Chengdu college innovation alliance for sister cities, which was founded in June 2016 and aims to work as a communication platform for institutes from Chengdu and its international sister cities.
Alliance members share higher education resources and benefit from strengthened communication and cooperation among scientific research organizations and personnel. They also experience the concept of running an institution bilaterally and multilaterally.
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Luciano Nunes Santos Filho, president of Brazil's National Union of Legislators and State Legislatures, said Chengdu and Brazil have a solid foundation for cooperation.
Brazil offers business opportunities in agriculture, infrastructure construction and the mining industry, and hopes to cooperate with Chengdu in those fields, Filho said.
Brazil is the third-largest shoemaker in the world, while Chengdu is an important center of the footwear industry in China. Brazilian shoe companies have already cooperated on projects with Chengdu, according to insiders.
Shipilov Aleksei, first deputy governor of Khanty-Mansiysk Autonomous Okrug-Ugra, Russia, said he thinks highly of the opportunities brought about by the Chengdu-Europe Express Rail.
The Russian autonomous region is rich in mineral resources, which can be shipped to Chengdu via the express rail to boost the city's industrial growth, he said.
I.A.Kundan, additional municipal commissioner of the Municipal Corporation of Greater Mumbai, India, praised Chengdu's achievements in city engineering, infrastructure construction and sewage treatment, and said she hopes to cooperate with Chengdu in those areas.
Des van Rooyen, South African minister of cooperative governance and traditional affairs, said Chengdu is a world-known tourist destination, while South Africa boasts many tourism resources and the two sides have a broad spectrum for cooperation in tourism.
The two sides also have huge cooperation potential in the aspects of manufacturing, agriculture and cultural exchanges, Van Rooyen said, adding that he is especially interested in exchanges in traditional Chinese medicine.
"Sichuan has advantages in developing the pharmaceuticals sector, as it is rich in professionals, and TCM and modern medicine are combined well in the province," he added.
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With South Africa's traditional medicine sector being revived in recent years, Van Rooyen said he hopes the two sides can enhance exchanges.
To further promote communication and cooperation between local Chinese governments and South Africa, a dialogue was held during the forum. South Africa is one African country that has close ties with Chengdu, local officials said.
The Chengdu and South African governments have conducted frequent mutual visits in recent years and launched cooperation in fields such as sister cities, trade, tourism, and conventions and exhibitions, they said.
Chengdu has established a friendly city cooperation relationship with Johannesburg, the largest city in South Africa. Later, a South Africa visa application center was established in Chengdu, the first of its kind in western China.
(source: www.chinadaily.com.cn, September 4, 2017)
Sep 04
Industrial revolution paves way for Chengdu
The capital of Sichuan province will improve its competitiveness in artificial intelligence, precise medical treatment and the field of virtual reality as it pushes to establish a presence at the higher levels of the world's supply chain, city officials said at the Industrial Development Conference for National Center City in early July.
Chengdu had never before publically set out its industrial structure targets so precisely, city officials said.
It will expand the space devoted to developing industry, following detailed plans of exactly where all of this will be located, and Longquan Mountain in the city's east will act as a hub.
The city has attracted a number of high-end industrial projects as a result of its solid industrial base, excellent investment environment and firm backing from the government.
Echoing the announcement, on July 29 the city government signed an agreement with the Harbin Institute of Technology to initiate a new range of collaboration, including launching strategy consultancies, building an artificial manufacturing academy, founding an industrial cluster and improving human resources exchanges.
The commitment also followed a raft of agreements with tertiary institutions including Sichuan University, the University of Electronic Science and Technology of China, Southwest Jiaotong University, Southwestern University of Finance and Economics, the Chengdu branch of the Chinese Academy of Sciences, Peking University and Tsinghua University.
Han Jiecai, deputy head of the Harbin Institute of Technology and an academician of the Chinese Academy of Sciences, said, "Chengdu's rapid development benefits not only from local companies and prestigious universities, but also from its strong and rich human resources."
Chengdu was the first western Chinese city to join with the Harbin Institute of Technology in Heilongjiang province in Northeast China, a strong support base for that region as the country's old industrial hub.
The latest move will instill new vigor in the city's collaborative efforts with the institute involving motor vehicles, food and medical production, electronic household devices, energy generation and environmental protection.
The two sides will build laboratories and engineering technological centers.
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The regional headquarters of the institute's big-data center as well as centers for research and development, business, settlement and production will be set up in Chengdu.
More intelligent medical treatment, transport, education and big-data projects will be located in Chengdu, too.
Chen Xu, deputy director of Chengdu Science and Technology Bureau, said the institute in Harbin has set up an industrial center in Chengdu's high-tech zone and formed a team of more than 100 experts.
The institute has joined with the city's economic development zone to build a robotics industrial park. The province's first intelligent robotics showroom will be set up in the park, and a robotics-themed park in Chengdu is also in the pipeline.
In a higher-level industry, a Sichuan satellite engineering technological academy is being established by the institute in coordination with the University of Electronic Science and Technology of China, a university in the city and the No. 29 Institute under the China Electronic Technology Corp.
In future, satellite launches and related application platforms will be commercialized in Chengdu, with the city's strength in the field expected to take the lead in the country, Chen said.
The academy is responsible for the Tianfu satellite, which will be responsible for commercial and military use.
(source: www.chinadaily.com.cn, August 30, 2017)
Chengdu poised for hosting UN event
UNWTO's General Assembly is a biennial event that represents the highest level of conventions in world tourism. Experts will report on the latest developments and forecast new trends in the global industry. It is the first time that the event will be held in central and western China.
The event will attract more than 1,500 participants including officials from UNWTO, ministers of tourism from over 150 member countries and other related international organizations. Participants will elect the new secretary-general of UNWTO during the proceedings.
Chengdu has hosted a series of significant international events in 2017. The 96th China Food & Drinks Fair was held in March. The China-UAE Economic, Trade and Cultural Summit 2017 was staged in April. The 2017 Chengdu Global Innovation and Entrepreneurship Fair and the 18th International Furniture Fair Chengdu were held in May and June, respectively.
The 2017 Chengdu Global Innovation and Entrepreneurship Fair attracted over 1,200 participates from 47 countries, including four Nobel Prize winners, 20 renowned academics from the Chinese Academy of Sciences and Chinese Academy of Engineering, as well as the heads of 53 leading international universities.
The fair covered an exhibition area of more than 40,000 square meters and attracted more than 600 companies and organizations. The numbers of exhibitors and the size of the exhibition areas were double those in 2016. Global innovation giants, such as General Electric and Siemens, demonstrated over 8,000 cutting-edge technologies.
Innovation-driven startups, organizations and groups brought over 1,000 projects to the fair. Many businesses, including Iflytek, have decided to launch their operations in Chengdu.
Adding to its success, the total value of contracts signed during the 2017 Chengdu Global Innovation and Entrepreneurship Fair hit 24 billion yuan ($3.6 billion).
The 2017 iWorld Digital World Expo was held in Chengdu on Aug 10. The digital expo was launched by the International Data Group in 1985. It is one of the most influential events in the global information technology sector. The fair, introduced in China in 2011, has been held in Chengdu twice.
"We are striving to expand the market in China. Chengdu has great influence in southwestern China and IDG has many investment projects in Chengdu," said Xu Zhou, vice-president of IDG Asia. "We have a positive attitude about Chengdu's investment environment and market."
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Xu also said that the Chengdu government was making great inroads in developing an innovation and entrepreneurship city and a city with a strong position in the software industry, which would need international platforms such as iWorld.
"That's why we decided to organize iWorld in Chengdu," Xu said.
Xu added that IDG was very satisfied with the number of exhibitors, the overall performance of the exhibition and the services in Chengdu.
"Chengdu has become an important city that supports the development of the exhibition industry in western China," said Wang Qingdao, deputy head of the China Convention, Exhibition and Event Society.
"It will be the fourth famous exhibition city in China after Beijing, Shanghai and Guangzhou."
Wang said that Chengdu has successfully hosted many conventions, such as the Chengdu Fortune Global Forum, the World Route and the World Chinese Entrepreneurs Convention. Those conventions not only brought economic and social benefits to the city but also promoted the local exhibition industry's upgrade and transformation.
Chengdu's exhibition industry has reported significant breakthroughs over the past five years. In 2016, 539 exhibitions were held in the city, of which 130 were international exhibitions. Last year the exhibition industry's total income reached 83 billion yuan, up 17.3 percent year-on-year.
(source: www.chinadaily.com.cn, August 31, 2017)
Aug 29
Chengdu seeks to relive cultural glory
Both cities, known for their rich culture and tourism traditions, share a highly similar "cultural core", said Fan Ruiping, a leader of the province.
This spells potentially huge opportunities for the two regions, he told a forum entitled "Chengdu to Build the National Center of Culture and Creativity" in Hong Kong on August 22.
The event is an integral part of the "Sichuan-Hong Kong-Macao Cooperation Week" being attended by a top-level delegation from Sichuan led by Governor Yin Li who's in the SAR to boost international economic and trade relations under the nation-led Belt and Road Initiative.
Up to 14 deals were inked between Hong Kong and Chengdu enterprises during the event.
It also saw Chengdu take its place at the World Cities Culture Forum as its 34th member, making it the third city on the Chinese mainland after Shanghai and Shenzhen to join the elite club.
"History tells us it's cultural force and creativity that determine the altitude a city could reach. Creativity and innovation are naturally inherent in Chengdu's 'cultural gene'," Fan said.
As of 2016, more than 15,000 Chengdu-based legal entities had been engaged in cultural and creative industry-related establishments, generating revenues of more than 260 billion yuan ($39 billion), and industry-wide added values of 63.4 billion yuan and contributing 5.2 percent of the city's gross domestic product.
Chengdu, which will host the 22nd General Assembly of the World Tourism Organization in September 2017, aims to raise the added value of its cultural and creative industry to more than 260 billion yuan, and its proportion of the city's gross domestic product to above 12 percent over the next five years.
Hong Kong, hailed as a melting pot where the old meets new and East meets West, has long earned a name for itself in such diverse areas as film and television, museums, creative design, performance and entertainment, literature and artwork, as well as anime and games.
Chan Pak-li, the SAR's under-secretary for commerce and economic development, said the city's cultural and creative industry has emerged as its fifth key economic sector after the four traditional economic pillars in terms of value added.
He said Hong Kong is more than willing to help Chengdu take a leaf from its book and bolster its vision of becoming a magnet for cultural and creativity-related establishments, as well as a meeting point for art-conscious talents from around the world.
(source: www.chinadaily.com.cn, August 25,2017)
Aug 25
Chengdu hot on the SAR's finance trail
Chengdu's 13th five-year plan unveiled in May 2017 calls for its financial services sector to increase the industry-wide added value from 138.6 billion yuan ($20.8 billion) to no less than 220 billion yuan, and the proportion of its added value to more than 12 percent of the city's gross domestic product by 2020.
At the heart of the goal comes the on-going establishment of "Chengdu Financial City", which aims to join the likes and replicate the success of London, New York, Hong Kong, Shanghai's financial district Lujiazui and Beijing Financial Street.
"As we forge ahead with this goal in a progressive manner, the bilateral relationship between Chengdu and Hong Kong will take on a new significance," Fan Ruiping, a member of the Standing Committee of the Sichuan Provincial Party Committee, told the "Chengdu Building a National Finance Center in Western China" forum in Hong Kong on Tuesday.
The forum was held on the second day of the "Sichuan-Hong Kong-Macao Cooperation Week", with Sichuan Governor Yin Li heading a delegation of his top aides to the SAR to boost economic and trade links between the two regions.
Up to 16 investment and trade deals worth $15.7 billion were signed between Hong Kong and mainland enterprises at the forum.
Chengdu, with a population of nearly 16 million and covering an area of more than 14,000 square kilometers, has what it takes to become a predominant financial center in the country's central and western regions, said Liang Qizhou, director of the Chengdu municipal finance office.
According to the 8th edition of the China Financial Center Index released by the China Development Institute last year, Chengdu ranked first in the central and western regions and fifth nationwide in terms of competitiveness as a financial powerhouse.
"Banking on a long and fruitful track record of cross-boundary collaboration with Hong Kong, Chengdu seeks to polish its brand as a magnet for Hong Kong's well-established financial institutions and professional talents to set up businesses and carve out their careers," Liang said.
"Hailed as a world-renowned financial hub, the largest offshore renminbi center, and a pivot city along the Belt and Road route, Hong Kong has a wealth of good expertise, particularly in the areas of wealth management and venture capital investment, to share with Chengdu in its quest for a regional leading edge in the financial sector," said James Henry Lau, Hong Kong's secretary for financial services and the treasury.
(source: www.chinadaily.com.cn, August 23, 2017)
Chengdu cements standing as key national central city
It aims to build itself into an economic, scientific, finance, cultural and foreign exchange center, as well as a transport hub in western China.
The city is one of the most affluent cities in western China. Last year, the city's GDP reached 1.21 trillion yuan ($183 billion), ranking No. 3 among the country's 15 largest cities and increasing 7.7 percent year-on-year.
Most foreign embassies and consulates, and the world's top 500 enterprises have chosen to establish branches in Chengdu.
Compared with other regions in western China, Chengdu also has the most international transport routes. All of these aspects make the city a pioneer in terms of opening-up to the outside world, according to local officials.
The Belt and Road Initiative and the nation's policies to open the western areas to the outside world will bring the city new strategic opportunities, they added.
In order to promote its industrial upgrading and to build itself into an ecological and smart city, Chengdu plans to further develop five pillar industries: the electronic information, automobile manufacturing, food and beverage, equipment manufacturing and bio-medicine sectors.
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It aims to continue supporting its five advantageous industries: the aerospace, rail transportation, energy saving and environmental protection, new materials and new energy sectors.
As for the overall planning of the city, Chengdu intends to rejuvenate the single-center urban development pattern. Taking Longquan Mountain as its center, the city will further expand in all directions.
The area will also develop the R&D design, inspection and testing, aviation logistics among others.
The south area of the city will be the new engine of innovation. Tianfu New Area will gather high-tech industries that have strong international competitiveness.
The south side of Chengdu will promote high-tech and the emerging economy.
Highlights include the development of a new generation of information technology, high-end equipment, biomedicine, other strategic emerging industries and artificial intelligence.
The west side will focus on building a low-carbon and recyclable industry system. Sectors including green food, next generation information technology, software services and industrial design will be the highlights.
The core of the development of the western areas is raising industrial thresholds and optimizing the use of resources, in a bid to protect natural and cultural landscapes in those areas and build modern garden-style town, officials said.
This involves taking advantage of the natural resources in the areas to promote the upgrading and development green industries.
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The northern regions will focus on developing the export-oriented economy. The advanced equipment, railways, aviation and new material industries will be the key focuses.
The city's central areas will emphasize the development of Tianfu culture and historic inheritance.
These central areas will become a commercial and business center that gathers high-end services industries through industrial upgrading, reducing architectural scale and population density.
The central part of the city will develop advanced productive services and urban industries.
According to the city's new development plan, Chengdu plans to build 66 new industrial towns.
It will speed up its construction of a modern city with a well-arranged industrial layout and living environment.
The city plans to establish an urban rail transportation network consisting of 46 city railways, with a total distance of about 2,450 kilometers. Bus stations will be established within 150 meters of each subway station to ensure convenient transfers.
So far, four subway lines have entered operation in Chengdu, with a total length of 129 km. By 2022, a total distance of 600 km will be in service.
Environmentally friendly transport will be encouraged by establishing 4,800 km of cycle lanes and 4,500 walking routes.
In the next five years, Chengdu plans to build two or three industrial parks that have global influence and international industrial competitiveness, create one or two national manufacturing and innovation centers, and construct 10 provincial industry demonstration bases.
(source: www.chinadaily.com.cn, August 23, 2017)