Chengdu marches on
This year the total revenue of Chengdu’s information industry is estimated to be over RMB100 billion.
The Chengdu Information Office reports that, despite the influence of the earthquake last year, Chengdu’s information industry retained relatively rapid development. Annual revenue is estimated to break through RMB100 billion of which software will contribute US$300 million.
‘Leshan port’to be upgraded to ‘Chengdu port’
All Roads Lead to China reports that equipped only with highroads, railways and air transport, the Chengdu Economic Zone labors at a disadvantage. This is expected soon to be resolved.
Chengdu and Leshan governments have signed a Cooperation Framework Agreement on Economic and Social Development, and the two parties will join to push the Avionics Comprehensive Development of the Ming River and the Comprehensive Transportation Hub Construction of Chengdu Port.
At that time, the current Leshan Port’ will be upgraded into ‘Chengdu Port’, becoming the most convenient and cost-effective water gateway of the Chengdu Economic Zone to the rivers and sea.
The Municipal bureau of commerce published summarized report of Chengdu commercial performance of 2008.
That shows that up to December of last year, there were 132 Global Fortune 500 companies settled in Chengdu; the city’s total retail sales of consumer goods achieved RMB162.19 billion, up 19.5% year-on-year; in foreign trade.
Chengdu realized imports and exports of US$15.411 billion, up 62.0%, which ranks first in central and western China in terms of the scale of imports and exports. In Chengdu service industry 196 service projects were newly approved.
Agilent Technologies is to further invest US$10 million in Chengdu
Agilent Technologies, which is the world’s biggest testing and measuring company. It has now announced it further invest US$10 million dollars to continue expanding the business of its Chengdu base.
No essential impact on Chengdu’s property market was made by the massive earthquake
A survey report on Chengdu’s property market of the year 2008 released Savills, a globalized real estates service provider, shows that the earthquake of last May did not make an essential impact on the market, which basically recovered to its pre-earthquake level in roughly one month after the breakout of the earthquake.
Recently, Chongzhou signed a contract with a company from Lijiang and attracted RMB300 million to cultivate a rose garden of 2,100 mou on the Huaguo Mountain, as well as to build an industrial strip of rural tourism.
This year, the city will host approximately 280 important expositions and festival celebrations; a new height for the exhibition industry development of Chengdu.
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