China Market Guide

Chengdu
(Sichuan Province)

(1) General Background

Chengdu is situated in the middle of Sichuan Province, the West Sichuan Plain. Covering an area of 12390 sq km, it is 192 KM long from east to west and 166 KM wide from south to north. Up to the year 2000, the city zone of Chengdu is 208 sq km. Chengdu is adjacent to Deyang City in the northwest, Ziyang District in the southeast, Meishan District in the south, Ya'an District in southwest and Aba Tibetan and Qiang Autonomous Prefecture in the northwest. Chengdu belongs to inland zone. It is 1,600 km away from the East China Sea and 1,090 km from the South China Sea.

The reform on investment management, e-government, government openness and transparency and formalities simplifications enables government to offer increasingly better soft environment for investors. In the 2 national and 6 provincial development zones, Chengdu has attracted many top-500 enterprises and other large modern enterprises. An efficient investing environment, with favorable conditions on logistics, technology, capital and information, is taking shape. According to a statistical report on development prospects of cities all over the world by the UN.

(2) Investment Environment Functional facilities

Transportation:
The Constructed area of Chengdu is 228.1 km2, and the density of highway is 1.08 km/km2. The annual passenger flow at Shuangliu International Airport ranks No.5 in China. There are 245 domestic airroutes and 9 international routes to Singapore, Bangkok, Hiroshima, Tokyo, among others; Chengdu is the communication hub of southwestern China. Railways of Baocheng, Chengyu, Chengkun and Chengda converge in Chengdu, State Highwys like Beijing-Kunming, Shang hai-Lasha and Lazhou-Kunming also meet here. The express ways of Chengdu, Chengmian, Chengle, and Chengya are under full operation, while Chengnan expressway is under construction. A vertical transportation.

Banking:
Located in Chengdu, the regional People's Bank of China now administers 2536 financial organs. Many banks such as Overseas Union Bank of Singapore, Standard & Charted Banking Group of England, Bangkok Bank of Thailand, Bank of Tokyo of Japan, and Banque National de Pairs have established representative offices here and Overseas Chinese Banking Co, Ltd of Singapore opens its branch here. The regional office of China Securities Regulating Commission has 87 stock exchang spots with 18.7 million security investors, only second to Shanghai and Shenzhen.

Telecommunication:
As one of the 8 communication exchange centers in China, Chengdu has the capacity of direct calls to over 180 foreign counties and over 600 domestic cities. Chengdu is one of the 7 first-class postal processing centers. Its telecommunication services lead among provincial capital cities.

Foundation of science and technology:
This city has 22 universities, 114 doctorate-conferring institutions, over 120 doctorial research stations, 15 national key subjects, 18 key labs and over 2700 research institutes of various kinds, 24 academicians from both academies, 523 doctorial advisors, more than 100 state-class experts with outstanding contributions, and 490,000 technicians of various sectors.

Recreation and sports:
At present, the city has 17 public libraries, 10 museums, 2 TV stations, 2 radio stations, more than 10 publishing houses, and a number of cultural and arts organizations, artcenters, music halls, and public art houses.

Tourism:
Chengdu, with its 9 national cultural relics (Wuhou Temple, Dufu Thatched Cottage, Yong Tomb, among others), 2 national scenic spots (Dujiang yan-Qingcheng Mt., Xiling Snow Mountain), 3 "forest gardens" (Longchiin Dujiang yan city and Tiantan Mt. In Qionglai county) and several nature reserves such as Anzi River (in Chongzhou), is reputed as and "outstanding tourism city in China".