Chongqing promotes development of modern industries

Shuangqiao Economic and Technological Development Zone of Chongqing will focus on the development of modern industries such as automobile and auto parts production, equipment manufacturing and some others.

The 1st phase of the 300,000-ton Shuangqiao Foundry Center is expected to be put into trial operation in July 2012.

It is estimated that the total industrial output value of Shuangqiao Economic and Technological Development Zone will reach over 100 billion yuan by 2016.