Welcome!

News Feed Item

Liangjiang New Area: High-return Zone for Foreign Investment

-- Over 30 bln dollars of absolute import-export value

CHONGQING, China, Feb. 14, 2014 /PRNewswire/ -- Chongqing, known as China's Chicago, is becoming a region with high returns for foreign investment. The EU, ASEAN and Hong Kong, with expanding rates of 36%, 34.6% and 10.3 times in the city's fastest growing Liangjiang New Area, have turned into the three major investors of the area's 30.5-billion-dollar import-export business. This makes the western market a strategic hinterland for the emerging Chinese market to attract more influential multinational enterprises.

Liangjiang New Area is the first such area set up inland by the Chinese Government to deepen reform and promote the domestic market, after Pudong New Area and Binhai New Area. Catching eyes from around the world, it sits along the Yangtze River and the Silk Road Economic Belt, becoming an international hub linking the Chinese market with Central Asia and the EU market.  

Consecutive Growth of Absolute Import-export Value

During the 2014 Spring Festival holiday, Chongqing Customs worked overtime on the cargo clearance of Liangjiang New Area. In Lianglu Cuntan Bonded Port Area and Xiyong Comprehensive Bonded Area alone, import-export goods amounted to 122,000 tons, worth approximately 840 million dollars, including 86,700 laptop computers and 70,000 LCDs that were exported.

On January 23, 2014, the designated port for fruit entry to Chongqing opened in Jiangbei Airport, marking a new step for Liangjiang New Area to build a general clearance system. Along with the gradual improvement in functions like logistics, finance, exhibition and cloud computing, as well as the rapid development in processing and service trade, the new area's electronic information and automobile industries have progressed as integral parts of the global market, serving as an impetus for the area's growth in the import-export business.

Liangjiang New Area has witnessed a high growth in foreign trade import-export for three consecutive years. Its total import-export volume rose from less than 10 billion dollars in 2011 to over 20 billion dollars in 2012, and to 30.5 billion dollars in 2013, with year-on-year growth of 43%. Also, its absolute value outstripped those of Shaanxi, Yunnan and Guizhou, which were 20 billion dollars, 25.8 billion dollars and 8.2 billion dollars respectively, beginning to exert an influence as an inland opening portal.

According to statistics, in 2013, the import-export value created by foreign-funded enterprises in Liangjiang New Area reached 12.31 billion dollars with an increase of 1.2 times. Respectively, exports and imports represented 90.6 billion dollars and 32.5 billion dollars, up 1.7 times and 57.5%, reflecting the promising return on foreign investment in the new area.

Fast-growing Foreign Trade in Central and Western China

In 2013, the growth rate of foreign trade in the country's central and western areas was higher than that of the eastern area, indicating that central and western China are undergoing rapid development in foreign trade.

 

 

More Stories By PR Newswire

Copyright © 2007 PR Newswire. All rights reserved. Republication or redistribution of PRNewswire content is expressly prohibited without the prior written consent of PRNewswire. PRNewswire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.

Latest Stories
SYS-CON Events announced today that Hitachi Data Systems, a wholly owned subsidiary of Hitachi LTD., will exhibit at SYS-CON's 20th International Cloud Expo®, which will take place on June 6-8, 2017, at the Javits Center in New York City. Hitachi Data Systems (HDS) will be featuring the Hitachi Content Platform (HCP) portfolio. This is the industry’s only offering that allows organizations to bring together object storage, file sync and share, cloud storage gateways, and sophisticated search an...
DevOps is often described as a combination of technology and culture. Without both, DevOps isn't complete. However, applying the culture to outdated technology is a recipe for disaster; as response times grow and connections between teams are delayed by technology, the culture will die. A Nutanix Enterprise Cloud has many benefits that provide the needed base for a true DevOps paradigm.
@GonzalezCarmen has been ranked the Number One Influencer and @ThingsExpo has been named the Number One Brand in the “M2M 2016: Top 100 Influencers and Brands” by Analytic. Onalytica analyzed tweets over the last 6 months mentioning the keywords M2M OR “Machine to Machine.” They then identified the top 100 most influential brands and individuals leading the discussion on Twitter.
All organizations that did not originate this moment have a pre-existing culture as well as legacy technology and processes that can be more or less amenable to DevOps implementation. That organizational culture is influenced by the personalities and management styles of Executive Management, the wider culture in which the organization is situated, and the personalities of key team members at all levels of the organization. This culture and entrenched interests usually throw a wrench in the work...
SYS-CON Events announced today that T-Mobile will exhibit at SYS-CON's 20th International Cloud Expo®, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY. As America's Un-carrier, T-Mobile US, Inc., is redefining the way consumers and businesses buy wireless services through leading product and service innovation. The Company's advanced nationwide 4G LTE network delivers outstanding wireless experiences to 67.4 million customers who are unwilling to compromise on ...
In his keynote at 19th Cloud Expo, Sheng Liang, co-founder and CEO of Rancher Labs, discussed the technological advances and new business opportunities created by the rapid adoption of containers. With the success of Amazon Web Services (AWS) and various open source technologies used to build private clouds, cloud computing has become an essential component of IT strategy. However, users continue to face challenges in implementing clouds, as older technologies evolve and newer ones like Docker c...
With major technology companies and startups seriously embracing Cloud strategies, now is the perfect time to attend @CloudExpo | @ThingsExpo, June 6-8, 2017, at the Javits Center in New York City, NY and October 31 - November 2, 2017, Santa Clara Convention Center, CA. Learn what is going on, contribute to the discussions, and ensure that your enterprise is on the right path to Digital Transformation.
20th Cloud Expo, taking place June 6-8, 2017, at the Javits Center in New York City, NY, will feature technical sessions from a rock star conference faculty and the leading industry players in the world. Cloud computing is now being embraced by a majority of enterprises of all sizes. Yesterday's debate about public vs. private has transformed into the reality of hybrid cloud: a recent survey shows that 74% of enterprises have a hybrid cloud strategy.
Building a cross-cloud operational model can be a daunting task. Per-cloud silos are not the answer, but neither is a fully generic abstraction plane that strips out capabilities unique to a particular provider. In his session at 20th Cloud Expo, Chris Wolf, VP & Chief Technology Officer, Global Field & Industry at VMware, will discuss how successful organizations approach cloud operations and management, with insights into where operations should be centralized and when it’s best to decentraliz...
Data is an unusual currency; it is not restricted by the same transactional limitations as money or people. In fact, the more that you leverage your data across multiple business use cases, the more valuable it becomes to the organization. And the same can be said about the organization’s analytics. In his session at 19th Cloud Expo, Bill Schmarzo, CTO for the Big Data Practice at Dell EMC, introduced a methodology for capturing, enriching and sharing data (and analytics) across the organization...
Five years ago development was seen as a dead-end career, now it’s anything but – with an explosion in mobile and IoT initiatives increasing the demand for skilled engineers. But apart from having a ready supply of great coders, what constitutes true ‘DevOps Royalty’? It’ll be the ability to craft resilient architectures, supportability, security everywhere across the software lifecycle. In his keynote at @DevOpsSummit at 20th Cloud Expo, Jeffrey Scheaffer, GM and SVP, Continuous Delivery Busine...
With major technology companies and startups seriously embracing IoT strategies, now is the perfect time to attend @ThingsExpo 2016 in New York. Learn what is going on, contribute to the discussions, and ensure that your enterprise is as "IoT-Ready" as it can be! Internet of @ThingsExpo, taking place June 6-8, 2017, at the Javits Center in New York City, New York, is co-located with 20th Cloud Expo and will feature technical sessions from a rock star conference faculty and the leading industry p...
SYS-CON Events announced today that Progress, a global leader in application development, has been named “Bronze Sponsor” of SYS-CON's 20th International Cloud Expo®, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY. Enterprises today are rapidly adopting the cloud, while continuing to retain business-critical/sensitive data inside the firewall. This is creating two separate data silos – one inside the firewall and the other outside the firewall. Cloud ISVs oft...
SYS-CON Events announced today that Juniper Networks (NYSE: JNPR), an industry leader in automated, scalable and secure networks, will exhibit at SYS-CON's 20th International Cloud Expo®, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY. Juniper Networks challenges the status quo with products, solutions and services that transform the economics of networking. The company co-innovates with customers and partners to deliver automated, scalable and secure network...
In recent years, containers have taken the world by storm. Companies of all sizes and industries have realized the massive benefits of containers, such as unprecedented mobility, higher hardware utilization, and increased flexibility and agility; however, many containers today are non-persistent. Containers without persistence miss out on many benefits, and in many cases simply pass the responsibility of persistence onto other infrastructure, adding additional complexity.