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GDP Increase Rate of Liangjiang New Area Ranks No. 1 in Chongqing

In the first three quarters of this year, the GDP of Liangjiang New Area exceeded RMB 100 billion, reaching RMB 114,106,000,000, equivalent to the economic scale when Chongqing become the municipality directly under Central Government, being increased by 20.6% YOY, ranking the first place among all districts and counties (autonomous counties) of Chongqing.
From January to September of this year, Liangjiang New Area realized RMB 219,981,000,000 of total industrial output value, increased by 33.1%. The gross output value of industrial enterprise above designated size was RMB 206,640,000,000, increased by 33.4%, being 5.6% higher than the average rate of Chongqing and 18.5% higher than the average rate of China. The electronic information industry, automobile industry and rail equipment industry developed rapidly and the development of industrial cluster became more prominent, being the driving force for the sustainable economic growth of Liangjiang New Area.    Meanwhile, the domestic demand of Liangjiang New Area developed strongly and the merchandise trade scale advanced stably with an increase rate of 34% in merchandise sales volume, being about 4% higher than the first half year. The expansion of domestic demand strengthened the development confidence of enterprises. The mid-western market, represented by Liangjiang New Area, is becoming the strategic hinterland for various branding companies to keep and promote their growth.
Along with the expansion of domestic demand market, the inland opening-up effect of Liangjiang New Area appears gradually. Under the support of opening-up policy to Europe, opening-up policy to the West and other inland opening-up policies, the overseas market demand of major enterprises grows rapidly, and the inland market, represented by Liangjiang New Area, is becoming the new area of global trade growth. The imports and exports of China in the first three quarters increased 6.2%, while the external trade of Liangjiang New Area in the first three quarters grew strongly and the imports and exports growth was tripled; the gross amount realized in the first three quarters exceeded the sum of the previous two years and the annual objective was basically achieved.
 
   

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