Chengdu Growth Plan: Race to the Future

Authors: China Daily

2015-10-29

As one of the fastest developing cities in China, Southwest China's Chengdu is popular with multinationals, scientific institutions and startup companies.
As one of the fastest developing cities in China, Southwest China's Chengdu is popular with multinationals, scientific institutions and startup companies.
To further enhance its competitiveness and attractiveness, Chengdu aims to transform itself into an international metropolis with modern urban layout, high-end industries, beautiful ecological environment and a unique cultural atmosphere.
The city covers an area of 12,390 square kilometers and has a population of 14 million. It is also home to 268 Fortune Global 500 companies. Its GDP hit 1 trillion yuan ($156.6 billion) last year, 8.9 percent higher than in 2013, while the FDI was $10 billion.
Change has taken place in the north of the city since 2012, when the city government launched a livelihood project, aiming to renovate the shanty houses, old communities and markets in the north of the city to improve people's living environment.
The north of the city is traditionally an important commodity receiving and distribution center, gathering businesspeople from all over the country. However, as time passed, the houses and markets became old and shabby, public facilities no longer met people's needs, and the traffic needs improvement.
Liu Hui, a citizen who has moved into her new apartment, said she couldn't believe the fast change. She used to live in an old community near a street market, troubled by the bad traffic. Now her community is close to a subway and newly built commercial complexes.
Liu is also pleased that thousands of local residents are able to find jobs in the newly built shops, supermarkets, theaters, restaurants and hotels.
According to local authorities, the systematic plan is regarded as a pilot project to boost the transformation of the city's construction and management and a foundation project to build Chengdu into a modern international metropolis.
The project plans to build a"16 horizontal and 12 vertical" road network and nine metro lines in the north of the city, making the region modern in shape.
The region will mainly develop a modern service industry. The largest modern household business center, as well as the second Ikea store in Chengdu, will be located here.
During the renovation, the planners are paying critical attention to the preservation and inheritance of the city's unique culture. The ancient buildings and cultural landmarks are well protected and restored.
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