Chengdu Current Achievements and Future Planning of Chengdu’s Finance Strategy On 3rd August, Chengdu municipal government information office introduced the current achievements and future planning of Chengdu’s finance strategy. The recent data showed that Chengdu ranked the top financial competitive city of in the middle and west China, and the 6th in the whole nation. 1. Current achievements: Equity investment institutions in Chengdu account for 90% in Sichuan province, and related employees are over 7,000. The numbers of Chengdu A-share listed companies and NEEQ listed companies are the No.1 in the middle and west China. Chengdu has foreign currency deposits of 3.24 trillion yuan, ranking the first in deposit growth in the middle and west China. Financial innovation pilots: science, technology and finance integration pilot, rural finance service reform pilot, and finance and technology service for mobile e-commerce pilot. 2. Future planning: to build West China Venture Capital Financing Center, Wealth Management Base for Southeast Asia market, International Capital Market in SW China, Settlement Center in West China and New Financial Pioneer District in China. H1 GDP Grows by 7.5% A meeting to summarize first half year economic situation and debriefing of districts’, cities’ and counties’ key works were held. As statistics showed, Chengdu’s half-year GDP stood at 559.02 billion RMB, with a growth rate of 7.5%, which exceeded the national average by 0.8%, and remained equivalent with the provincial average. The macroeconomic growth status fit the previous expectation, and all major economic objectives have been accomplished. Overall speaking, the current economic situation in Chengdu stays in a stable, healthy, and steadily growing state. 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] Chengdu Economy Data in the First Half 2016 Item Total (billion yuan) Growth (%) GDP 559.02 7.5 Primary Industry 17.35 3.4 Secondary Industry 238.02 7.0 Tertiary Industry 303.65 8.1 Consumption 270.95 10.0 Investment 418.36 13.9 Per capita disposable income 18,447 yuan 8.1 CPI 2.0 Chengdu, Chongqing and Kunming Became Hot Departure Cities of Overseas Traveler “China Overseas Travelers Report in First Half 2016” was recently released. Chengdu ranked No.6 in overseas traveler departure cities. As for the traveler growth, Chongqing, Chengdu, and Kunming ranked No.3, No.4, and No. 6 respectively, to send more and more travelers overseas. In 2016, 59.03 million Chinese travel abroad, more than any other country in the world. However, comparing with the enormous total population, overseas travelers only account for less than 5% in China, which means that China has great potential in overseas travel market. • Top 5 departure cities: Shanghai, Beijing, Guangzhou, Shenzhen, and Hangzhou • Top 5 growth cities: Changsha, Shenzhen, Chongqing, Chengdu, Wuhan, and Kunming • Top 5 destinations: Thailand, Korea, Japan, Singapore, Malaysia, USA, and Indonesia • Currently, tourists who go abroad are more willing to spend money on tourism rather than shopping in previous years. 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] Luo Qiang to be Chengdu Mayor Born in 1963 in Chongqing, graduated from Chengdu University of Technology, Doctor of Science, majoring in mineralogy and petrology. 1996, Vice president of Southwest Petroleum University 2002, Secretary of Communist Youth League of Sichuan Provincial Party Committee 2005, Deputy party secretary, mayor of Dazhou 2008, Party secretary of Guangyuan 2012, Party secretary of Mianyang 2015, Secretary-General of Sichuan Provincial Government 2016, Deputy party secretary, mayor of Chengdu 278 Fortune 500 Companies Invested in Chengdu According to Chengdu Investment Promotion Commission, from January to July 2016, Chengdu introduced 176 key projects (including reinvestment), with investment value of 193.465 billion RMB. Paid-in domestic investment and FDI amounted to 246.045 billion RMB and 5.159 billion USD, respectively. Ten Fortune 500 companies were settled, making the total number to 278. Transfar (传化物流)Logistics to invest over 100,000 million yuan in Chengdu On 7th August, Transfar, the national road logistics giant, announced its logistics strategy planning in Chengdu, with the total investment over 100,000 million yuan. Transfar intended to construct intelligent logistics center in Chengdu, including the first logistics supply chain base headquarter in SW China, an intercity logistic center, and a logistic twon. CASTD to Build Innovation Valley in Chengdu On August 8, China Academy of Science &Technology Development West Branch Project and Tianfu (CDHT) Innovation and Entrepreneurship Valley Project were signed. CASTD will build Innovation and Entrepreneurship Valley, including incubators for new materials, bio-medical sector and drone industry, and a maker alliance. CASTD will also set up its west branch in Chengdu. The two projects are valued at 2.8 billion RMB with a total area of 84 mu. 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 First Foreign Incubator Projects in West China Signed On 30th July, Qingbaijiang District signed with Czech SIC Incubator to settle the first foreign incubator project in west China, which will provide Chengdu entrepreneurs with Czech intelligent manufacturing, new materials technology and advanced industrial service ideas. Also, it will establish a platform between Chengdu and Europe, to promote the mutual cooperation and exchanges in tourism, trade and talents. Tourism Headquarter Project under SCEI to Start Construction in Jinjiang District On August 18, Sichuan Energy Industry Investment Group invested 300 million RMB to set up West China Impression Culture & Tourism Co., Ltd and build its operation headquarter in Jinjiang District. WCICT will invest 10 billion RMB in next few years to open 8 branches in southwestern China, build over 20 tourist attractions. Gree Yinlong Chengdu New Energy Industrial Park Signed On August 20, Tang Liangzhi, Secretary of CPC Chengdu Municipal Committee and Mayor of Chengdu Government, met with Dong Mingzhu, Chairwoman of Gree Group. They also witnessed the signing of investment agreement on Gree Yinlong New Energy Vehicle Park between Tianfu New Area West Zone Management Committee and Zhuhai Yinlong New Energy Vehicle Co., Ltd. The project is valued at about 10 billion RMB with 5 billion RMB in Phase One, which will build production base for lithium titanate battery, new energy vehicle and charging device. Taihe Group to Build Qingcheng Mountain International Resort in Dujiangyan On August 25, the Qingcheng Mountain International Resort Project Agreement was signed between Taihe Group and Dujiangyan Government. According to the agreement, 36.6 billion yuan will be invested to build a comprehensive tourism destination, following the standard of the world’s top resorts, and with functions of nature sightseeing, cultural experience, ecological protection and leisure. After completion, it will attract 16 million tourists, and realize more than 10 billion RMB tourism income. 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] Chengdu Biomedical Materials Pilot Industrial Park Settled in CDHT Chengdu Tianfu International Biological City and Sichuan University signed agreement on jointly building Chengdu Biomedical Materials Pilot Industrial Park at Chengdu Tianfu International Biological City on September 7. The project includes Chengdu Biomedical Materials Institute, Sichuan Medical Device & Product Inspection Center, as well as an industrial cluster. Chengdu Issued the First Policy Dedicating to Bio-pharmaceutical Industry Development On 2nd August, Chengdu issued the first policy dedicating to bio-pharmaceutical industry development. Chengdu is to strengthen the support to bio-pharmaceutical industry, in its medicine research and development, medical equipment innovation, international market promotion. Subsidies and money awards go to: 1. New medicine development (class I drug can gain at most 11.8 million yuan); 2. Companies with outstanding business revenue; 3. Drugs certified by GLP, GCP; 4. Drugs certified by FDA (USA), cGMP (EU) and other international market access standards; 5. Chengdu International Health City provides subsidies to companies for buying, rending and decorating office there. Industrial Bio-tech Application and Research Center to be built by Chengdu and CAS On August 18, Chengdu Municipal Government and Tianjin Institute of Industrial Biotechnology, CAS signed strategic cooperation framework agreement. The two parties will jointly build platforms for talent cultivation, research achievement incubation & transformation, and hi-tech development and industrialization. Tianfu New Area Chengdu Management Committee signed investment agreement on bio-tech application and research center with TIB and Chengdu Yuanhong Bio-tech Co., Ltd. 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] Project Signing Ceremony