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Sichuan, Chongqing embrace coordinated high-quality development as reform deepens

China

China

China

Sichuan, Chongqing embrace coordinated high-quality development as reform deepens

2024-08-13 22:52 Last Updated At:08-14 03:17

Sichuan Province and neighboring Chongqing Municipality in southwestern China are emerging as dynamic regions in opening up and high-quality development as comprehensive reform deepens.

The Third Plenary Session of the 20th Central Committee of the Communist Party of China (CPC) made systematic arrangements for improving the implementation of a regional coordinated development strategy and proposed to push forward the construction of the economic circle between Chongqing and Chengdu, capital of Sichuan, in depth and in a practical manner.

Among the fruitful results of the economic circle construction, the Sichuan-Chongqing Gaozhu New Area, located at the junction of Sichuan and Chongqing, is the first inter-provincial new area in China.

The government service hall of the new area, jointly operated by Sichuan and Chongqing, offers a one-stop platform for more than 100 services, providing great convenience for enterprises and residents in the region.

At present, the number of enterprises settled in the new area has doubled compared to when it was established in 2020, with an automotive equipment industry cluster being formed, demonstrating the benefits of the economic zone.

Chinese President Xi Jinping has given important instructions on many occasions on the coordinated development of the two places, and highlighted that the construction of the Chengdu-Chongqing economic circle is a major strategic decision made by the CPC Central Committee, and the two places should work closely together to continuously improve their development capabilities.

As a result, Sichuan and Chongqing have accelerated the gathering of strategic scientific and technological forces and consolidated industrial foundations in various sectors.

They currently share more than 13,000 large-scale instruments and pieces of equipment, have planned and built 11 major national scientific and technological infrastructures, carried out 219 original and disruptive technology research projects, and signed technology contracts exceeding 280 billion yuan in value (about 39 billion U.S. dollars).

In the first half of this year, Sichuan and Chongqing implemented 300 major co-construction projects, with an investment of more than 240 billion yuan (about 33.5 billion U.S. dollars).

Sichuan and Chongqing are accelerating the construction of a modern industrial system, jointly building an important national advanced manufacturing base and four trillion-yuan level industrial clusters of automobiles, electronic information, equipment manufacturing, and specialty consumer goods.

Since the beginning of this year, the automobile industry in Sichuan and Chongqing has continued to expand and is now the third largest automobile industry cluster nationwide, with 45 complete vehicle companies and more than 1,600 supporting suppliers. Sichuan and Chongqing's automobile production volume together accounted for 11 percent of the national total, with over 80 percent of it supported independently by the region on auto parts.

"We have actively responded to the strategic deployment of the construction of the Chengdu-Chongqing twin-city economic circle, seized new opportunities for the coordinated development of the automobile industries in the two places, given full play to Mianyang City's unique advantages in scientific and technological talents, electronic information, and high-end equipment, and helped accelerate the formation of a high-level research and development and manufacturing base for new energy and intelligent connected vehicles in Sichuan and Chongqing," said Wang Changfei, chief of the automobile industry section at the Mianyang Municipal Bureau of Economy and Information Technology of Sichuan Province.

The Sichuan-Chongqing integrated development has also fostered a better quality of life for local residents, building inter-provincial transportation infrastructures and launching 311 joint services covering matters of public concern, such as employment, social security, medical treatment, and provident funds.

The processing time for "one-stop" household registration transfer across provinces and cities in Sichuan and Chongqing has been shortened to as fast as 10 minutes, more than 70 percent of the major medical institutions in Sichuan and Chongqing have achieved mutual communication and recognition of electronic health cards, and 28,500 designated medical institutions for cross-provincial medical insurance settlement have been opened.

Six railway corridors have been built between Sichuan and Chongqing, the construction of four high-speed railway routes linking major cities in Chongqing and Sichuan is underway, and 21 expressways have been built or are under construction in the region.

The Bazhong-Nanchong high-speed railway was officially opened for operation in June, shortening the travel time from Sichuan's Bazhong City to Chengdu and Chongqing to around two hours.

"It is very convenient for us to travel to Chengdu. Whether it is driving on the highway or taking the high-speed railway. There are several train stations nearby to choose from. We can book train tickets just one hour in advance on our mobile phone. The development of transportation is very fast," said Liu Hanming, a resident in Chongqing.

Chongqing and Sichuan will empower each other and develop in the same direction to accelerate the construction of an important economic center with national influence, a science and technology innovation center, a new frontier of reform and opening up, and a livable place with high-quality life, according to local officials.

"We will thoroughly study and implement General Secretary Xi Jinping's important instructions and requirements, focus on the reform tasks deployed by the Third Plenary Session of the 20th CPC Central Committee and push forward the deepening and expansion of regional integration to a deeper level and broader areas. We will accelerate the creation of landmark reform achievements that are distinctive to Sichuan and Chongqing and have national influence, and make new contributions from Sichuan and Chongqing to the overall national reform cause," said Mi Benjia, deputy director of Chongqing Municipal Development and Reform Commission.

Sichuan, Chongqing embrace coordinated high-quality development as reform deepens

Sichuan, Chongqing embrace coordinated high-quality development as reform deepens

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Bilateral trade between China, ASEAN continues to strengthen: authorities

2024-09-12 14:36 Last Updated At:15:07

Economic and trade ties between China and the Association of Southeast Asian Nations (ASEAN) have steadily strengthened over the past decade, senior officials with the Chinese Ministry of Commerce said on Wednesday.

The ASEAN groups Brunei, Cambodia, Indonesia, Laos, Malaysia, Myanmar, the Philippines, Singapore, Thailand and Vietnam.

Speaking at a press conference in Beijing, senior officials from the ministry said that trade between China and ASEAN has grown at an average annual rate of 7.5 percent since 2013, with bilateral trade between the two sides reaching 911.7 billion U.S. dollars in 2023.

China has been ASEAN's largest trading partner for 15 consecutive years, while ASEAN has remained China's top trading partner for four consecutive years.

In the first eight months of 2024, total trade between China and ASEAN reached 4.5 trillion yuan (about 632 billion U.S. dollars), a year-on-year increase of 10 percent.

By July, cumulative two-way investment between China and ASEAN had surpassed 400 billion U.S. dollars.

The successful implementation of the Regional Comprehensive Economic Partnership (RCEP), which comprises 15 Asia-Pacific countries including 10 ASEAN member states and their five trading partners, namely China, Japan, South Korea, Australia and New Zealand, has further boosted cooperation, and negotiations for an upgraded version of China-ASEAN Free Trade Area (CAFTA 3.0) are progressing rapidly.

The CAFTA came into effect on Jan 1, 2010, leading to the liberalization and facilitation of trade among the 11 countries.

Currently, China and the 10-member ASEAN are actively pushing forward the version 3.0 CAFTA negotiations, which were officially launched in Nov 2022, to provide new opportunities for trade and investment cooperation between both sides.

The ninth round of negotiations just concluded in Bangkok, the capital of Thailand, earlier this month.

"Regional trade and investment liberalization and facilitation have been further promoted. Bilateral trade between China and ASEAN countries, such as Vietnam, Malaysia, Indonesia, Thailand and Singapore has all surpassed 100 billion U.S. dollars," noted Li Fei, Vice Minister of Commerce, at the press conference.

The officials also disclosed that the 21st China-ASEAN Expo will be held in Nanning, south China's Guangxi Zhuang Autonomous Region from Sept 24 to 28. The 21st China-ASEAN Business and Investment Summit will also be held in Nanning during the period.

Guangxi, China's only province-level region that shares both land and sea borders with ASEAN, has seen its trade with the association steadily expand in recent years.

In 2023, trade between Guangxi and ASEAN reached 339.44 billion yuan (about 47.68 billion U.S. dollars), hitting a new record high. In the first seven months of 2024, Guangxi's total imports and exports reached 401.33 billion yuan (about 56.37 billion U.S. dollars), with trade with ASEAN alone standing at 214.93 billion yuan (about 30.19 billion U.S. dollars), a 24.3 percent year-on-year increase.

"Guangxi has positioned itself as a crucial strategic hinterland for the Guangdong-Hong Kong-Macao Greater Bay Area (GBA), building cross-border industrial and supply chains with ASEAN countries in sectors like automobile manufacturing, textiles and papermaking, with trade in these areas growing rapidly," said Tan Pichuang, vice chairman of the Guangxi Zhuang Autonomous Region, referring to the GBA, which is a megalopolis comprising the special administrative regions of Hong Kong and Macao as well as nine cities in the neighboring Guangdong Province.

According to the ministry, looking ahead, China plans to focus on areas such as new energy vehicles (NEVs), lithium batteries and photovoltaic technology and explore new high-tech and large-scale projects with strong industrial impact to further expand cooperation with ASEAN countries.

Bilateral trade between China, ASEAN continues to strengthen: authorities

Bilateral trade between China, ASEAN continues to strengthen: authorities

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