CHENGDU, China, Sept. 22, 2021 /PRNewswire/ On September 17, the 16th EU-China Business and Technology Cooperation Fair was held, and the Internationalization Index of Chengdu Hi-tech Industrial
The Land-Sea New Corridor that is presently being constructed, links Chongqing to southwest China, which will further facilitate trade between the country’s western region and markets of nearby Southeast Asia, particularly the Indo-China peninsula.
The Chongqing-Manzhouli-Russia freight railway, opened in 2014, operated over a thousand trips between China and Russia in 2020.
The ambitious city aims to construct a railway network with a total length of 5,800 kilometers by 2030, including 2,032 kilometers of high-speed railways. By then, Chongqing will become an important transport hub connecting Europe, Asia, and other parts of China.
Chongqing’s economic profile
As China’s largest municipality by size and population, Chongqing ranks as the fifth Chinese city with the strongest GDP, following Shanghai, Beijing, Shenzhen, and Guangzhou. The city recorded a GDP of RMB 2.5 trillion (US$385.5 billion) in 2020. For perspective, that’s about the size of Israel’s or Argentina�