Chongqing Equity Investment Fund Association established

The establishment ceremony of Chongqing Equity Fund Association was held on December 17, 2012. The private equity investment fund has been the innovative financial type with the fastest growth. There have been 170 recorded fund and management institutes, with the total subscribed capital of 37.9 billion yuan, contributing to the developing hypostatic economy, building leading […]

Chongqing general aviation industry accelerates

Chongqing general aviation industry accelerates

The Pilatus project from Switzerland settled in Chongqing Liangjiang New Area on December 18, 2012, including Pilatus Airplane Industry (China) Co., Ltd., China Production Base and Pilatus Assembly and Delivery Center. It marks the acceleration of the general aviation industry in Liangjiang New Area. The new industry mainly produces small airplanes is expected and planned […]

Exploration of shale gas under smooth process in Chongqing

The exploration of the shale gas in Chongqing is under smooth process, and it is expected that one-eighth of the gas fuel provided for local citizens and enterprises will be the shale gas by 2015. Chongqing has introduced several American companies and cooperated with Sinopec, PetroChina, etc. on the shale gas exploration, aiming at drilling […]

Chongqing Liangjiang New Area to build “jet zone”

Chongqing Helicopter Industry Investment Company and Liangjiang Aviation Industry Investment Group were established on December 17 to accelerate the development of general aviation. Chongqing is now taking steps to build the Longxing District in Liangjiang New Area into a “jet zone” which covers an area of 10 square kilometers. Chongqing Helicopter Industry Investment Company prioritizes […]

Chongqing: Export tops 35.78 bln US dollars

The import and export value of Chongqing from January to November 2012 topped 49.08 billion US dollars, increasing by 92.8% year on year, with the growth ranking 2nd in China. The total export amount hit 35.78 billion US dollars, ranking 1st in west and central China and 10th of the whole nation, according to Chongqing […]

Chongqing’s real estate market stably increases

The Central Bank has lowered the reserve requirement ratio for 3 times since the end of 2011, and cut the interest rate for the first time since 2009 in June 2012. It also carries out pre-adjustment and micro-adjustment of the macro-policy, bringing opportunities to the increase in stable development of the real estate market in […]

Chongqing: GDP increases with speed of 13.9%

Chongqing Integrated Economic Research Institute published the Chongqing Municipal Economic Situation Analysis 2012 and Prospect in 2013 on December 12, 2012. It is anticipated that the economic growth of Chongqing in 2012 could be 13.9% or so, and that of 2013 will top 14%. Influenced by global sluggish and national decreasing in economy, Chongqing suffered […]

Chongqing approved to be environmental model city

Chongqing is approved to be the model city of national environmental protection by the inspection team from the Ministry of Environmental Protection of the P. R. C. Wan Bentai, head of the inspection team and chief engineer of the Ministry of Environmental Protection of the P. R. C., speaks highly of the work Chongqing has […]

Logistics channel in Liangjiang New Area available

The whole line and 2 tunnels of the Shugang Channel, the controlling project of Shugang Avenue connecting the International Auto City in Chongqing Liangjiang New Area and Guoyuan Port, have been available recently, which lays a foundation for the traffic on Shugang Avenue. Shugang Avenue is the important logistics channel connecting Liangjiang International Auto City […]

Siemens to enhance cooperation with Chongqing

Siemens China realized the operation and avenue amount of 6.35 billion euro, setting the 2nd highest record of operation and avenue amount since Siemens entered Chinese market, according to the Annual Financial Report Meeting 2012 of Siemens on December 11, 2012. Cheng Meiwei, president and CEO of Siemens China, said that Siemens has cooperated with […]

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