The Ministry of Industry and Information Technology of the People’s Republic of China released the Assessment Report on National Industrial Development Quality 2011 (hereinafter referred to as the Report), according to Chongqing Economy and Informatization on January 7, 2013. Chongqing ranks 12th place in this comprehensive assessment on provinces and municipalities in China.
Chongqing in “second-tier group”
The Report says that China boasts three unique groups in terms of the industrial development. The “first-tier group” consists of seven provinces, all of which own talents and technologies. They are responsible of leading the Chinese industry transition and upgrade. Including Chongqing, 15 provinces constitute the “second-tier group”. Members in this group, on the development surge, have a certain degree of industrial development potential. They are also confronted with great pressure brought by transition and upgrade. The last group, comprising 9 provinces, has a weak industrial foundation. They need to bring their resource superiority into full play for a characteristic progress.
Chongqing stands out in 4 indicators
Chongqing has a sound industrial momentum, shows the Report. In particular, it performs well in 4 indicators. For instance, Chongqing are respectively the 11th and 10th in “operational performance” and “development vitality”. The comparative advantages of Chongqing also betrays in “steady growth” and “structure optimization”.