Chengdu Investment News: July 17
1. US Secretary of State Rice visited Dujiangyan
In response to the invitation of Chinese foreign minister Yang Jiechi, US Secretary of State Condoleezza Rice leading a delegation of over 60 members arrived in Chengdu on June 29th, and moved on to Dujiangyan for a visit, which was severely hit by the Wenchuan Earthquake. Rice is so far the highest-ranking American official to have visited the disaster area.
She said, she was impressed by the speed of recovery and reconstruction of the quake-hit area in China, and deeply moved by the fortitude and optimism the suffering people have exhibited, and here she has seen that the humanity could truly recover from the devastating natural disaster and observed the great spirit of Chinese people.
2. Three policies supporting development of Chengdu’s industry and tourism
On June 29th, the Press Office of Chengdu municipal government held the third press conference on post-quake reconstruction, announcing that the production and market recovery of industries and tourism of the city after the earthquake as well as relevant supportive policies, namely the “Management Measure on Loan Discount of Newly-added Circulating Fund for Production Revival of Post-disaster Industrial Companies in Chengdu”, “Management Measure on Loan Discount of Technical Reform on Full-run Project for Post-quake Reconstruction of Industrial Companies in Chengdu” and “Provisional Suggestions about Promotion of Recovery and Development of After-quake Tourist Industry”.
It is reported that up to now, Chengdu’s large-scale industrial companies have recovered 101.4% of its pre-earthquake production level; major tourist sites and routes have resumed its normal reception!
3. To make annually 460 million steel pop cans, Baosteel Chengdu project put into production
The landmark company of Baosteel Group in western China – Chengdu Baosteel Tin-making Co. Ltd started production officially on June 30th in Xindu district. The project invested by Shanghai Baosteel with 340 million yuan will make per year 460 million steel tear-off tins worth 300 million yuan, which will optimize the city’s industrial structure and promote the harmonious development of the regional economy.
4. With 3 billion yuan, Chengdu industrial park upgraded to “Western Wit Valley”
Transforming and upgrading from traditional industrial manufacturing to industrial services, Chengdu’s first fully intellectualized industrial park “Western Wit Valley” – the Wuhou Western Technology New City, with its construction started formally on June 30th, will be built into a brand-new industrial park for global industrial services providers to invest in Chengdu, whose estimated investment is nearly 3 billion yuan in total. After completion, the “Western Wit Valley” will gather famous companies’ regional headquarters, technology R&D and service-outsource centers, IT software and animated innovation parks as well as business creation bases for medium and small-sized companies.
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