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Page 7 - பைலட் இலவசம் வர்த்தகம் ஸோந் News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Investing in Chongqing in Inland China: Costs, Industries, Incentive Zones

The Land-Sea New Corridor that is presently being constructed, links Chongqing to southwest China, which will further facilitate trade between the country’s western region and markets of nearby Southeast Asia, particularly the Indo-China peninsula. The Chongqing-Manzhouli-Russia freight railway, opened in 2014, operated over a thousand trips between China and Russia in 2020. The ambitious city aims to construct a railway network with a total length of 5,800 kilometers by 2030, including 2,032 kilometers of high-speed railways. By then, Chongqing will become an important transport hub connecting Europe, Asia, and other parts of China. Chongqing’s economic profile As China’s largest municipality by size and population, Chongqing ranks as the fifth Chinese city with the strongest GDP, following Shanghai, Beijing, Shenzhen, and Guangzhou. The city recorded a GDP of RMB 2.5 trillion (US$385.5 billion) in 2020. For perspective, that’s about the size of Israel’s or Argentina

Global investors flock to China amid improved business environment

Global investors flock to China amid improved business environment Xinhua | Updated: 2021-05-02 18:41 Share CLOSE Denmark s biopharmaceutical company Novo Nordisk signs a strategic cooperation framework agreement to set up a new entity in the Lingang Area, a section of the China (Shanghai) Pilot Free Trade Zone, at the third China International Import Expo on Nov 8, 2020. [Photo provided to chinadaily.com.cn] BEIJING - Global investors enthusiasm for the Chinese market seems unstoppable despite the COVID-19 pandemic, as the latest data showed that China successfully navigated the economic fallout in the turbulent year and became the top investment destination worldwide. In 2020, global foreign direct investment (FDI) flows plummeted by 38 percent from a year before to $846 billion, the lowest level since 2005, the Organization for Economic Cooperation and Development (OECD) said.

Guangdong FTZ attracts young minds

Guangdong FTZ attracts young minds By QIU QUANLIN in Guangzhou | China Daily | Updated: 2021-04-24 07:39 Share CLOSE About 42,600 companies were added to China (Guangdong) Pilot Free Trade Zone from January to November in 2019. PROVIDED TO CHINA DAILY After graduating from the City University of Hong Kong and working for several companies in Chinese mainland cities like Beijing, Shanghai and Shenzhen, Guangdong province, Frank Chan started his own business in Qianhai, Shenzhen, in 2019. Shenzhen s strength in cultural and technological innovation is very attractive, said Chan, who is involved in the design and creation of cartoon and animation characters. Chan s FC Studio is located in the Shenzhen-Hong Kong Youth Innovation and Entrepreneurs Hub, a platform that seeks to encourage more young people from Hong Kong and Macao to start their businesses in the Qianhai area, part of the China (Guangdong) Pilot Free Trad

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