Eco­nomic cir­cle to link Chongqing, Chengdu

China Daily (Hong Kong) - - FRONT PAGE - By CAO DESHENG caodesh­eng@chi­

A key Party meet­ing on Fri­day called for ad­vanc­ing the con­struc­tion of the Chengdu-Chongqing eco­nomic cir­cle, seen as a ma­jor move to pro­mote the new devel­op­ment pat­tern in re­sponse to the com­plex do­mes­tic and in­ter­na­tional sit­u­a­tion.

The meet­ing of the Po­lit­i­cal Bu­reau of the Com­mu­nist Party of China Cen­tral Com­mit­tee re­viewed a mas­ter plan for the co­or­di­nated devel­op­ment of Chengdu, cap­i­tal of Sichuan prov­ince, and Chongqing. Xi Jin­ping, gen­eral sec­re­tary of the CPC Cen­tral Com­mit­tee, presided over the meet­ing.

Par­tic­i­pants said that given pro­found changes in the devel­op­ment en­vi­ron­ment both at home and abroad, ad­vanc­ing the eco­nomic cir­cle will help shape the re­gional eco­nomic struc­ture and en­cour­age the two cities to com­ple­ment each other, ac­cord­ing to a state­ment re­leased af­ter the meet­ing. It also con­trib­utes to ex­pand­ing mar­kets, op­ti­miz­ing and sta­bi­liz­ing sup­ply chains and en­cour­ag­ing the new devel­op­ment pat­tern with the do­mes­tic mar­ket as the main­stay while do­mes­tic and in­ter­na­tional mar­kets com­ple­ment each other, it said.

The meet­ing called for lev­er­ag­ing the strength of each city so as to make the eco­nomic cir­cle an in­flu­en­tial cen­ter, a key tech­no­log­i­cal in­no­va­tion hub, a shin­ing ex­am­ple of re­form and open­ing-up and a pleas­ant place to live.

The cities should work to­gether to cre­ate a high-stan­dard mar­ket sys­tem, foster a first-class busi­ness en­vi­ron­ment and par­tic­i­pate in con­struc­tion of the Belt and Road and the New In­ter­na­tional Land-Sea Trade Cor­ri­dor jointly built by China and Sin­ga­pore, the state­ment said.

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