China Daily Global Edition (USA)
Fair boosts city’s opening-up process
Major progress was made in the cooperation between Chengdu and Germany during the 16th Western China International Fair held in the city earlier this month.
A Sino-German innovative industrial cooperation zone, covering a total area of 22 square kilometers, was inaugurated in Chengdu Science City, a hub of new technology, industry and business in the Tianfu New Area.
Liu Yutong, director of the investment services bureau at the Chengdu administrative committee of Tianfu New Area, said the zone will be the main platform for Sichuan to conduct innovative cooperation with Germany.
It has planned 10 industrial areas, covering fields such as scientific research, medical health, intelligent manufacturing and international trade and business.
Other Sino-German cooperation areas in Chengdu include a 7-square-kilometer industrial demonstration park in Chengdu Hi-tech Zone, a 58.5-squarekilometer auto industry park in Longquanyi district, as well as a 30-square-kilometer small and medium-sized enterprises cooperation park in Pujiang county.
Six companies signed cooperation agreements with the Chengdu administrative committee of Tianfu New Area and Chengdu Tianfu New Area Investment Group Co Ltd at the inauguration ceremony, with investment totaling 4 billion yuan ($590 million).
The cooperation projects are mainly in high-end manufacturing, environmental protection, research and development and high-end services.