CHONGQING, China, April 17 (Bernama-AsiaNet) — The Chengdu-Chongqing Economic Circle Industry Service Summit was held in Chongqing Liangjiang New Area on March 25, according to Chongqing Liangjiang New Area Administrative Committee. Topics including new business forms of digital economy were discussed by local governments, enterprises and industrial organizations through online exchanges. Following the Beijing-Tianjin-Hebei Coordinated Development Region, the Yangtze River Delta Integration, and the Guangdong-Hong Kong-Macao Greater Bay Area, Chengdu-Chongqing Economic Circle has become another important regional development strategy of China. With the national central cities Chongqing and Chengdu as the core area, China plans to develop an significant growth pole in its western region based on the Belt and Road Initiative and the Yangtze River Economic Belt.
As the first national development and opening-up new area in inland China, Chongqing Liangjiang New Area witnesses its tenth anniversary of establishment in 2020 and the Chengdu-Chongqing Economic Circle initiative is also a new opportunity for the new area. This year, it will coordinate the COVID-19 prevention and control as well as economic and social development to minimize the impact of the pandemic with a high standard of openness. Liangjiang New Area has now seen a full resumption of production in the enterprises above designated size and foreign companies. Some enterprises resisted the downward trend through industrialization and clustering development, which reduced the cost of supporting system and logistics, and maintained flexibility in industrial chain and supply chain.