Chengdu to boost Belt and Road, opening-up in western China

Authors: China Daily


Chengdu is striving to embody the country's development philosophy.
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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