【China】
A quiet transformation is taking place in Chinese economy. The eastern coastal region, once the engine of China's economic development, is now facing the challenge of industrial upgrading and relocation. At the same time, the central and western regions have unprecedented opportunities. A series of policies introduced by the state are promoting the transfer of industries from the east to the central and western regions, not only to balance regional development, but also to stimulate the economic potential there. In this industrial migration, it is foreseeable that many cities will stand out and realize leapfrog development!
Looking back at the course of China's Reform and Opening Up, it is not difficult to find that economic development has always shown obvious regional imbalances. Coastal areas, with their geographical advantages and policy dividends, have gotten rich first and become the locomotive of China's economy. However, with the passage of time, the disadvantages of this unbalanced development model have gradually emerged. The eastern region is facing problems such as resource constraints, environmental pressure and rising labor costs, while the central and western regions are eager to get more development dividends.
The State has put forward a strategy to promote the transfer of industries from the east to the central and western regions. This is not only to alleviate the pressure on the eastern region, but also to activate the economic potential of the central and western regions and realize the goal of coordinated regional development. This industrial migration, which is called the “westward movement” of the new era, will bring unprecedented development opportunities for the central and western regions.
Chongqing, the mountainous city, has been growing by leaps and bounds in recent years. As the economic center of Southwest China, Chongqing is attracting more and more eastern enterprises to settle here. Intelligent manufacturing, automobile industry, electronic information and other industries are booming here. Witnessing the development of the Liangjiang New District, skyscrapers lined up, innovation and entrepreneurship atmosphere, Chongqing let people can not help but sigh: “This is a ‘small magic city’ more than a city in the western! Believe that the future of Chongqing is immeasurable!
