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Economic Headlines from South-West China

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Economic Headlines from South-West China The Consulate General of Israel in Chengdu הקונסוליה הכללית של ישראל בצ'נגדו Economic headlines from South-West China Economic investments and development in South-West China: Chengdu: Chengdu’s GDP Exceeds 500 Billion Yuan in the First Half of the Year West China Metropolis Daily In the first half of 2015, Chengdu’s GDP exceeded 500 billion with a year-on-year growth of 8%, which is in line with previous expectations. In the primary, secondary and tertiary industries, the total output increase reached 12.79 billion Yuan, 222.36 billion Yuan and 278.45 billion Yuan respectively. The income growth rate of rural and urban residents was higher than GDP growth. Link: http://www.wccdaily.com.cn/shtml/hxdsb/20150724/295845.shtml Rank Second in Southern Sichuan---GDP of Chengdu Economic Zone Exceeds 896 billion Yuan Chengdu Daily The recent report released by Sichuan Provincial Bureau of Statistics shows Chengdu’s economic zone (including 5 cities: chengdu, deyang, mianyang, meishan and ziyang )exceeded a GDP total of 896 billion Yuan in the first half of 2015, which is 3.7 and 3.9 times more than that of the Southern and Northeastern Sichuan economic zone. Chengdu economic zone has also been taking the lead in economic growth among the five major economic zones in Sichuan. The policy of economic restructuring and steady economic growth has contributed to structural transformation in Chengdu and Western Sichuan economic zone in particular. Link: http://www.sc.gov.cn/10462/10464/10797/2015/8/10/10347656.shtml Chengdu Initiates GEM Action Plan West China City Daily Chengdu recently initiated its GEM (Growth Enterprise Market) and meanwhile the provincial- level back-up database for listed companies is also established. According to the arrangement of the GEM memorandum, the provincial government finance office, Shenzhen stock exchange and Sichuan-Tibet equity trading center in Chengdu will exert respective efforts in building some 100 key enterprise libraries and absorbing new start-up enterprises. The government will also give out 500 thousand Yuan subsidy to support the plan. Link:http://www.wccdaily.com.cn/shtml/hxdsb/20150811/297952.shtml The Atrium, No.99 Dongda Street, Jinjiang District, Chengdu 610021 地址：东大街 99 号晶融汇, Tel: +86 28 6871 9504, Fax: +86 28 6871 9555, E-mail: [email protected] The Consulate General of Israel in Chengdu הקונסוליה הכללית של ישראל בצ'נגדו 6 New World Top 500 Enterprises Set Foot in Chengdu West China City Daily In the first half of 2015, the introduction of 269 major projects in Chengdu worth more than 200 billion Yuan of total investment (including capital increase), which has completed 64.05% of the 2015 plan. In the last 6 months, Chengdu’s industrial investment grew significantly. The 6 new enterprises include Liberty Mutual Insurance Group from the US, the Commonwealth Bank of Australia, the Massachusetts Mutual Life Insurance Company, Saint- Gobain from France and TESCO from the UK and the French state-owned railway company (Société Nationale des Chemins de Fer FranCis). Link: http://www.wccdaily.com.cn/shtml/hxdsb/20150804/297154.shtml A Strong Rebound in Chengdu’s Industrial Investment with an Increase of 10.4% Chengdu Commercial Daily In the first half of this year, Chengdu underwent a steady economic growth with an industrial investment of 73.14 billion Yuan. The economy showed a favorable growth in fixed asset investment and consumer demand. Link: http://e.chengdu.cn/html/2015-07/24/content_531161.htm Listed Companies pour into Chengdu High-tech Zone Financial Investment In the first half of 2015, Chengdu High-tech Zone sees an increase of 5 new listed companies and now the total number of listed companies in the area has reached 26, accounting for 50% and 25% of that of Chengdu and Sichuan respectively. Government policies have contributed to the rise of listed companies by giving out subsidies to various enterprises. There are also rewards up to 1 million Yuan for each acquisition and merger. Link: http://stock.hexun.com/2015-08-13/178295007.html Chengdu Foreign Trade Value Drops Financial Investment In the first seven months of 2015, Chengdu’s foreign trade value was down 26% compared with the same time last year with about 147 billion Yuan. Export value in Sichuan province was 94.45 billion Yuan, down by 23%, while import value was down by 30.9% of 52.8 million Yuan. In contrast with the significant drop of value in private sectors, Chengdu’s automobile export surged to 280 million Yuan. Link: http://www.jrtzb.com.cn/text.asp?c=222&i=91924 The Atrium, No.99 Dongda Street, Jinjiang District, Chengdu 610021 地址：东大街 99 号晶融汇, Tel: +86 28 6871 9504, Fax: +86 28 6871 9555, E-mail: [email protected] The Consulate General of Israel in Chengdu הקונסוליה הכללית של ישראל בצ'נגדו Chengdu’s High-tech Zone Upgrades to National Innovation Demonstration Zone West China Metropolis Daily In the first half of 2015, 8,044 enterprises registered in Chengdu’s high-tech zone, a year-on- year growth of 59.76%. Newly registered capital (gold) reached 33.887 billion Yuan and newly- registered individual businesses reached 1771. Currently, the level of Chengdu’s high-tech zone incubation carrier and the number of enterprises ranks the top in Sichuan. Ever since 2014, in the evaluation report of national high- tech zone innovation ability issued by the ministry of science and technology, Chengdu high- tech zone ranked third in China and first in Midwest regions. The state council has recently approved that High-Tech District of Chengdu being upgrading to national innovation demonstration zone , thus it became the first in Western China and 8th nationally after Zhongguangcun in Beijing, East Lake in Wuhan, Zhangjiang In Shanghai, Shenzhen, Sunan in Jiangsu province, Tianjian and Zhutan in Hunan Province. Chengdu High-tech District ranks top among other national high-tech districts, especially in the fields of electronic information and biomedical industry. Link: http://www.wccdaily.com.cn/shtml/hxdsb/20150729/296424.shtml Link: http://www.wccdaily.com.cn/shtml/hxdsb/20150625/292570.shtml Tianfu New Area Sets up 1.5 Billion Yuan Fund to Support New High-End Industry West China Metropolis Daily Chengdu Tianfu New Area recently announced that it will set up the fund of 1.5 billion yuan to support New High-End Industry, focusing on helping high-end service industry, big data, science and technology R&D, culture and creative industry. Link: http://www.wccdaily.com.cn/shtml/hxdsb/20150625/292571.shtml Chengdu Creativity and Design expo China Daily This year's Chengdu Creativity and Design expo (Sept 19 to Oct 8) will focus on industry, integration and industrial design. The creativity and design expo will feature the country's Made in China 2025 campaign, demonstrate innovation, wisdom and creativity and explore a way for companies, the public and the government to exchange ideas about creative industries said the organizers. The annual expo is part of the Chengdu government's action plan to turn the city into a creative and design hub. Link: http://www.gochengdu.cn/news/media-reports-on-chengdu/innovation-and-creativity- set-to-take-spotlight-a1737.html#sthash.3FO6BRh2.dpuf The Atrium, No.99 Dongda Street, Jinjiang District, Chengdu 610021 地址：东大街 99 号晶融汇, Tel: +86 28 6871 9504, Fax: +86 28 6871 9555, E-mail: [email protected] The Consulate General of Israel in Chengdu הקונסוליה הכללית של ישראל בצ'נגדו Chengdu, 2nd Fastest Growing Destination City by International Overnight Visitors Xinhua News Agency Based on data from 2009 to 2015, Mastercard’s report examines how 132 major cities in the world are connected through air travel, and measures how many international travelers each city receives and how much money they spend. Chengdu, in the Chinese province of Sichuan, is the second fastest growing destinations in the world. This index predicts that in 2015, the international visitors will increase from 480,000 in 2009 to 1.49 million in 2015. According to the report, the most visited 10 cities in China are: Taipei, Hong Kong, Shanghai, Beijing, Guangzhou, Shenzhen, Chengdu, Xian, Ximen, and Tianjin. Link: http://www.cdrb.com.cn/html/2015-07/06/content_2219018.htm Chengdu General Chamber of commerce‘s first foreign institution set up in Lodz, Poland Chengdu Daily Euro-Chengdu railway connects Chengdu with Poland. Initiated by Chengdu municipal foreign affairs office and Chengdu federation of industry and commerce, office of Chengdu General Chamber of commerce set up in Lodz, Poland. This is the first foreign institution of Chengdu General Chamber of commerce. LINK: http://www.cdrb.com.cn/html/2015-07/13/content_2221443.htm Chongqing: Chongqing Market Entities More than 1.8 million Chongqing Daily In the last half of 2015, the Chongqing market entities exceeded by 1. 8 million Yuan with a total capital of more than 2.6 trillion Yuan. Among them are more than 399 thousand micro enterprises. In the first half of the year, micro enterprise rose at a rapid speed with a 42.1 thousand increase and has contributed to some 210 thousand employments. The city’s industrial and commercial bureau says it will continue to facilitate the registration of new businesses. In October this year, Chongqing will officially carry out “the integration of three certificates (namely the Business License, Tax Registration Certificate and Certificate of Organization Code )”. Link: http://www.cqrb.cn/xinwen/yaowen/2015-08-10/396973.html Chongqing’s Revenue of Large-Scale Industries Exceeds 50 billion Yuan Chongqing Daily Chongqing’s revenue of large-Scale industries exceeded 50 billion Yuan in less than half a year.
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