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CHENGDU, China, March 11, 2021 /PRNewswire/ -- News provided by China Report:
Located in the upper reaches of the Yangtze River, the Chengdu-Chongqing economic circle is the most densely populated area with the highest concentration of industries and the most cities in west China. Statistics showed that the Chengdu-Chongqing area registered a total GDP of close to 7 trillion yuan in 2019, making it another regional economic powerhouse following the Yangtze River Delta region, Guangdong-Hong Kong-Macao Greater Bay Area and the Beijing-Tianjin-Hebei region.
Chengdu-Chongqing high-speed railway bullet train. Sichuan has formed a whole industrial chain of the rail transportation industry
In early 2020, the Financial and Economic Commission of the Communist Party of China Central Committee looked into building the Chengdu-Chongqing economic circle and proposed to build it into a nationally influential hub for technological innovation. On February 25, 2021, the Ministry of Science and Technology released guidelines for fostering new development pattern in China's western region through technological innovation. The document prioritized the effort of building the Chengdu-Chongqing area into a hub for technological innovation.