Chongqing has been identified by the economist intelligence unit in the november 2010 access china white paper. The first batch of 63 enterprises, including changan ford and huapont pharm, have received a total 5. Chongqing yujiang diecasting co ltd company profile and. Office leasing demand in the financial industry ranked first. Since 1949, chongqing once became the municipality directly under the central government. Chongqing, china, april 16, 2020 prnewswire according to chongqing liangjiang new area administrative committee, chongqing liangjiang new area ranked the first among all 14 regional new areas in the thirdparty evaluation on china demonstration base. The stateapproved chongqing industrial investment foundation will be prioritized and used in infrastructure construction and development of key industries. Its output value ranked first among the characteristic parks of counties and districts in all the years. Jun 26, 2019 by offering financial products that conform to the philosophy of innovative, coordinated, green, open and shared development, we will better adapt to the changing economic and social demands and promote highquality development, said yang lijie, deputy director of the administrative committee of liangjiang new area in chongqing, a major city. Liangjiang, officially known as liangjiang new area is a statelevel new area situated in the.
Compared with smooth development of chengdu, chongqing has undergone many changes in history. Chongqing aims to be a pivot in effort to boost western. Development of hospital in liangjiang new area, chongqing, peoples republic of china announcement reference sg170403othrlav2 submitted by co. Liangjiang new area was formally established on june 18, 2010. Chongqing leads way in transportation innovation the mountain city of chongqing has become the first city in asia to welcome the debut of car2go, daimler ags carsharing rental service, on april 15. Feb 01, 20 the liangjiang new area was established based on a state council ordinance in 2010 in chongqing, the largest city in inland china. Chongqing liangjiang new area is the third national pilot zone, spearheading the development and openingup of chongqing and west china. Releases mitsui to form joint venture company with jgc and. Being developed in partnership with excellence group, it is located in the lijia area, a mid to highend residential area within the liangjiang new district in northern chongqing. Top news of chongqing liangjiang new area september 2016 1.
Chongqings multiple measures to fight against poverty. The term of the loan is months and the financing cost is. Hillview is hongkong lands ninth development in chongqing. Chongqings liangjiang new area had a gdp of rmb 320 billion in 2015 and this is predicted to more than double by 2020. The yulin industrial park of chongqing liangjiang new area chongqing sanhui investment and consulting co. For decades, the motorcycle industry drove chongqings economic growth. The ljna proposal should serve as a flagship for development in this region a comment on a working report of chongqing from vice premier li keqiang, march 2009, chongqing. The first ever jiangbeizui financial forum was held in chongqing on nov. The company has also performed exceptionally in terms of corporate governance, as it was 7.
Chongqing, china, november 10, 2015 xizi otis elevator co. In this paper, we use a case of chongqing to illustrate how to analyze land finance and urban sprawl by using our conceptual framework. Located in the northeastern part of liangjiang new area, longxing industrial development zone covers a planned development area of 111 square kilometers and is about a 30minute drive from the. The futures coming fast to chongqing, china discovery. Chongqing liangjiang new area launches a cloud signing activity, attracting a total of 6. Applying the theoretical perspective of state rescaling, this paper interrogates the panorama of chinas national new areas in general and examines the modalities of microscopic rescaling, which is relatively underresearched, in chongqing liangjiang new area ljna in particular. The chongqing model was a series of economic and social policies. The municipality is divided into 38 subdivisions 3 were abolished in 1997, and wansheng and shuangqiao districts were abolished in october 2011 8, consisting of 19 districts, 15 counties, and 4 autonomous counties. Nevertheless, there is a massive government support to transform chongqing into the regions economic, trade, and financial centre and use the municipality as a platform to open up the countrys western interior to further development.
According to chongqing liangjiang new area administrative committee, chongqing liangjiang new area ranked the first among all 14 regional new areas in the thirdparty evaluation on china demonstration base for. Liangjiang new area has switched its development orientation from the coast to the inland areas, in chinas western development strategy. The final chapter discusses the creation of liang jiang new area ljna as strategy of the. It was the third national development and opening zone in china and the first in the inland approved by the state council, after shanghai pudong new area and tianjin binhai new area. The plant is located in the yufu industrial development zone, where it is receiving substantial financial incentives, site development, and other support from the chongqing liangjiang new area administrative committee. Chongqing jiefangbei cbd ying li international real estate. The case of chongqing liangjiang find, read and cite all the research. It is the first national level development area in inland china, and the third nationwide after shanghai pudong new area and tianjian binhai new area. State rescaling and national new area development in china. In addition, chongqing is one of chinas five national central cities. The central business district cbd boasts a corporate headquartersbased economy and aims to attract various financial institutions. The case of china jordan shan guanghua school of management, peking university and qi jianhong school of economics, shandong university using a vector autoregression var approach, we examine the impact of. It is located in liangjiang new districts yuelai area, an emerging mid to highend residential area in northern chongqing.
Bureau of chongqing municipality in a land tender, the construction land use right for land plots number c1, c141, c4811 and c4812 situated in liangjiang xinqu of chongqing yubei district area for residential development the land parcels at the bid price of rm 1,682,630,000. In 2018, jiangjin districts industrial added value was cny41. Chongqing liangjiang new area attracts global talents. A large central business district is being constructed in the centre of the city of chongqing, in jiangbeizui cbd, with highrise skyscrapers, due to be completed in 2018. The new area, established in 2010, is the third national development zone after shanghai pudong and tianjin binhai. Located in liangjiang new area, the third national development and opening area in china after the shanghaipudong and tianjinbinhai. Covering an area larger than the size of several european countries, the municipality is the largest in terms of area and population of chinas megacities and is already a financial, logistics. The national new area strategies are significant breakthroughs for national territory development and state spatial evolution. The economy of chongqing, china, has developed rapidly during the 21st century. Liangjiang new area is the first national level development area in inland china, and the third nationwide after shanghai pudong new area and tianjian binhai new area.
The chongqing model was a series of economic and social policies adopted in chongqing, most closely associated with the later disgraced politician bo xilai, who served as the citys. It is an important battlefield for chongqing s opening up, reform, manufacturing and services. Chongqing, chinas newest and westernmost directcontrol municipality is the fastest growing city in the world. The financial support provided by the energy sector management. Guocoland company award of land tender in chongqing. Lincoln settled in chongqing liangjiang new area, speeding. Dmg corporate day hong kong september 2012 chongqing jiefangbei cbd disclaimer this presentation may contain forwardlooking statements that involve known and unknown risks, uncertainties, assumptions and other. Liangjiang new area is located north of the yangtze river and east of the jialing river. Dadukou district government in achieving fiscal sustainability through a forward. Chongqing, located on the upper reaches of the yangtze river, is the largest city in western china and a directly controlled municipality under the state council. The initiative will pilot cooperation in fields ranging from financial services, aviation. The allnew lincoln corsair was recently rolled from the assembly line in chongqing liangjiang new area, marking the very first time of lincoln manufacturing outside northern america. China chongqingdadukou district fiscal sustainability.
The company develops and markets residential areas, office buildings, hotels. Request pdf on dec 1, 2015, lingyue li and others published state rescaling and national new area development in china. The chongqing municipality area, established quite recently and separately. Jiangbeizui cbd aims to attract financial institutions, making it a financial center in the future. Due to the global and coastal industrial shift in the wake of the global financial crisis, chongqing and liangjiang new area play an important role in linking the east and the west and connecting the north and the south of china. The best city in western china chongqing or chengdu. It will be danas 15th facility in china and its first in chongqing.
Chongqing integrated logistics demonstration project. Chongqing is the largest of the four directcontrolled municipalities of the peoples republic of china. Chongqing liangjiang new area established with multiple preferential policies to attract investment chongqing liangjiang new area. Additionally, liangjiang new area ranked the most competitive new. To accelerate a newgeneration electronic information industry cluster. According to the approval of the state council, citation needed chongqing liangjiang new area will play roles of a pilot area for the comprehensive urbanrural reform. Liangjiang has a solid industrial foundation, with onefifth of chongqing s gross industrial output value, one third of its added value of the financial industry. Liangjiang financial company gets crossborder financing. Jiangbeizui central business district is an important part of liangjiang new area, and covers an area of 50,000 square kilometers. China chongqingdadukou district fiscal sustainability development policy financing project english abstract. It is also an important area for the chinasingapore chongqing strategic initiative on connectivity. Guocoland company award of land tender in chongqing, peoples. Assessment of financial investment center liangjiang new district. Since the outbreak of the novel coronavirus disease covid19, chongqing has stuck with the fight against covid19 and poverty.
News xizi otis chongqing facility ships its 30,000 th. On the other hand, wellknown brands in the retail property market continued to enter chongqing, with vacancy rates falling and rental levels remaining the same as last year. The urban development investment corporations udics in. Zhuorui ouyang and lincoln lewis served as production editors for the report.
Chongqing aims to be a pivot in effort to boost western regions development. Securities had signed an mou with chongqing liangjiang financial development co. Dadukou district development policy financing dpf supports chongqing. Liangjiang new area is one of the key areas for the new round of global industrial shift. Liangjiang new zone is oriented to be an important modern manufacture and service industry base, financial and innovation center at upper. The comprehensive area for aviation industry of chongqing liangjiang new area also known as liangjiang aviation industrial park is located in the longsheng district of liangjiang new area. Thanks are given to the team at vivid economics, along with timothy misir and anne himmelfarb, who edited the report. Officials from chongqing liangjiang new district and northern new district, together alan cheung, president, xizi otis officiated at a ceremony commemorating the achievement. In 2014, chongqing was ranked the most competitive city in western china and ninth nationally by gn chinese city competitiveness valuation indicator. Jul 05, 2017 chongqing is mooted to become chinas fifth free trade zone. In 1891, chongqing became the first port city in western china. China peoples republic of chongqing emerging city market report.
It is reported the liangjiang new area is the third subprovinciallevel economic development zone approved by the state council. Financial development, market deregulation and growth. Park became the third 100 billiongrade park after chongqing liangjiang new area and xiyong micropower park. Jun 18, 2011 chongqing liangjiang new area was established on june 18, 2011 it is the first national level development area in inland china, and the third nationwide after shanghai pudong new area and. These zones offer greater freedoms for setting up businesses and serve as a testing ground for policies that could eventually be rolled out across the country. Dana begins construction of facility in chongqing, china, to.
The site is part of an area earmarked by the chongqing government for development into a satellite technology hub and is currently home to a number of leading technology companies, including huawei, qualcomm, microsoft. The chongqing udic model the development of chongqing is a high priority for the goc because of the citys unique history and strategic location in western china. During the resistance war against japan, it was the capital city. The total floor area is about 170,000 sq m, and the office building area is about 69,000 sq m.
The company researches, develops, designs, produces, and sells aluminum alloy diecasting, mold, and other metal precision parts. Chongqing liangjiang new area is the third national development and opening new area approved by the state council following the shanghai pudong new area and tianjin binhai new area, and the first inland national development and opening new area, proclaiming that the reform and opening up initiated at chinas coastal area has been introduced to inland area. Chongqing liangjiang new area launches cloud signing to. Port connects the chongqing metropolitan region to domestic and international markets through inland waterway shipping along the yangtze river and to europe by rail. Chongqing aims to be a pivot in effort to boost western regions. Spatial and economic transformation for a world bank documents. The centre has a height of 300 meters, contains the highest indigo hotel in the world, and has received leed certification. In this paper, the relationship between finance and growth is analysed in the. The yulin industrial park of chongqing liangjiang new area. Chongqing has achieved impressive growth, with an average gross domestic product gdp growth rate of 11 percent from 2001 to. Chongqing pilot free trade zone pilot ftz mean that the. In our opinion, the financial statements identified in the first paragraph present fairly, in all material respects, the financial position of chongqing intergrated logistics demonstration project financed by the asian development bank as of december 31, 2017, its financial receipts and disbursements, the project. Covering an area of about 8 square kilometers in the first phase, it is the core area of the comprehensive demonstration area of chongqing general.
Under the chongqing development blueprint its ftz, spanning 120 square kilometers, comprises three partsliangjiang new area, chongqing logistics city and chongqing. The supply of chongqing s class a office building market remained in the adjustment stage in 2019. Liangjiang new area in southwest chinas chongqing municipality which. Chongqing municipal government will set up a special fund with 10 billion yuan for infrastructure construction in liangjiang new area. Name mary khoo designation company secretary description please provide a detailed description of the. The city has formulated a series of policies and measures on work and employment of the poor, industrial development, agricultural and.
Now it is embracing the opportunities emerging from the initiative of the national digital economy innovation development pilot zone and the national new generation of artificial. As the first national development and openingup new area in inland china, chongqing liangjiang new area welcomes its tenth anniversary of establishment in 2020. Chongqing liangjiang new area, was built by chongqing yongde real estate hk. Created as part of the china western development strategy, the zone. About liangjiang new zone chongqing is applying for the setting of liangjiang new zone, which is the 3rd national developing zone after shanghai pudong and tianjin binhai, its planned area is 1200 km2. To a certain extent, financial incentives can provisionally reconcile the conflicts, but to professionals, scholars, and local officials, the ultimate solution is to rebuild a new area. The area has already become a growth driver for chinas third statelevel development area after the shanghai pudong new area and the tianjin binhai new area.