Country for PR: China
Contributor: PR Newswire Asia (China)
Monday, June 26 2023 - 21:35
AsiaNet
Xinhua Silk Road: SW. China's Chongqing Yubei District committed to building a new hub for international aviation
BEIJING, June 26, 2023 /PRNewswire-AsiaNet/

Positioning to build a new air, land-sea channel and an international aviation 
gateway hub, Yubei District of southwest China's Chongqing Municipality, has 
stepped up efforts to advance the development of airport industry and foreign 
trade, promote innovation-driven and the construction of a world-class airport 
cluster covering Chengdu and Chongqing, thus making Chongqing the fourth pole 
of China's civil aviation development.

Located in the Yubei District, Chongqing Airport Economic Demonstration Zone 
was approved in October 2016 as one of the first two national airport economic 
demonstration zones, with an entire area of 147.48 square kilometers.

Yubei District, as a major economic and industrial region of Chongqing, is the 
frontier of opening-up and innovative development and the hot land for 
investment in Chongqing. In recent years, guided by the strategy of building a 
manufacturing town and a smart city, Yubei is set to further optimize and 
improve its innovation in a bid to provide a solid guarantee for enterprises 
and improve business environment.

Besides, local manufacturing industry in Yubei District has formed a complete 
range and solid foundation, and the main economic indicators such as 
above-scale industrial output value and regional GDP have ranked first in 
Chongqing for many consecutive years.

In 2022, the automobile and electronics industries in Yubei District achieved 
an output value of 109.2 billion yuan and 176.4 billion yuan respectively, both 
accounting for a quarter of Chongqing, making Yubei an important automobile 
manufacturing base, intelligent terminal production base and export base in 
Chongqing. In the same year, the total import and export volume in Yubei 
District was 192.34 billion yuan, and the actual used foreign direct investment 
(FDI) was 281 million U.S. dollars.

See the original link: https://en.imsilkroad.com/p/334730.html

SOURCE: Xinhua Silk Road

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