On the Tianfu New Area and Chengdu's new investment opportunities promotion meeting, which was one of the Overseas High-tech and High-end Talents Negotiation Conference Overseas Chinese Chamber of Commerce Summit 2011 activities, Chen Fu, deputy director of Investment Promotion Committee of Chengdu city, promoted Chengdu to the attending guests from both at home and abroad, shared the investment and development opportunities in Tianfu New Area and Chengdu city. "I believe that friends who invest in Chengdu must become a new legend," he said.

What is Chengdu?

"Designated by China's State Council, Chengdu is the science and technology, business, trade and financial center, traffic and communication hub of the southwestern region, which enjoys the reputation of 'land of abundance' since ancient times." Chen Fu said, "There are two state-level economic development zones here, attracting 200 enterprises from the world Top 500 to establish themselves in Chengdu."

Here are two state-level economic development zones

Chengdu covers 12.1 thousand square kilometers with 14.04 million permanent residents, and owns two state-level development zones: Chengdu High-tech Industry Development Zone, one of the first national-level high-tech industry development zones approved for establishment by the State Council in 1991, whose comprehensive strength is ranked the fourth among the 55 state-level high-tech zones. It has an emphasis on developing electronic information and on the bio-pharmaceutical industry. The Chengdu Economic and Technological Development Zone was established in 1990 and was approved by the State Council in February 2000 as a state-level economic and technological development zone, which has an emphasis on developing the vehicle industry and the engineering of machinery. .

Attracting 200 enterprises of world Top 500

Most of the enterprises from the world Top 500 are located in Chengdu among the central and western regions; enterprises from the world Top 200 have settled in Chengdu. Nine countries have established consulates in Chengdu such as the United States, Germany, France, Thailand,Singapore, the Repulic of Korea, Pakistan, the Philippine and Sri Lanka. The number is only slightly less than that of Shanghai and Guangzhou.

Awards

Chengdu city had been awarded the titles of National Civilization City, China Most Economic Dynamic City, China Best Business City, China Best Tourism City and World Fine Food City etc.; Chengdu was ranked third in the international image of Chinese cities surveyed by Gallop; the globe's fastest developing cities in the future ten year by Forbes; and also ranked among the list of the global best emerging business cities by Fortune.

555.13 billion yuan of GDP in 2010

The Gross Domestic Production (GDP）of Chengdu in 2010 was 555.13 billion yuan (US$ 85.8 billion), which was ranked fifth among 15 deputy provincial level cities. It actually utilized foreign capital US$ 6.41 billion, which was ranked first among the central and western cities, the second among the 15 deputy provincial level cities and fifth among all cities in China.

Why choose Chengdu?

"The striking investment environment edge is different in Chengdu to other cities, which is also the reason why you focus your attention on Chengdu." Chen Fu said, "As the core city of the southwestern region, Chengdu's market not only covers 89 million people of Sichuan province, but extends out to 250 million people of six provinces, cities or districts in Southwestern China.

With good industry development coordination

Chengdu city has already formed eleven advantageous industrial clusters in the vehicle, electronic information, aerospace, and new energy industries. Electronic information industry enterprises like Intel, Dell, Lenovo and Texas Instruments are all located here; Chengdu has become the largest manufacturing base for tablet and notebook computer around the world. Vehicle industry enterprises like FAW-Volkswagen, Toyota, and Volvo have also chosen Chengdu. The industry scale of the new energy and bio-pharmaceutical sector in Chengdu is currently ranked first in Western China; large enterprises like Tian Wei and Han Neng also have a base in Chengdu city. The industry scale of the aerospace sector is ranked fourth in China; Chengdu Plane Industry Corporation under China Aviation Industry Corporation, Chengdu Plane Design Institute are located in Chengdu.

Convenient transportation and traffic

Chengdu is the fourth biggest air hub in China, behind Beijing, Shanghai and Guangzhou. The Shuang Liu airport is the first airport with two runways in Central and Western China. The annual passenger capacity exceeds 25 million passengers.There are now 19 international (regional) direct lines, like Chengdu to Armstrong, Bangalore etc..

Chengdu also owns the biggest railway container central station in Asia, nearly 50 famous distribution enterprises are located here such as Maersk, UPS and DHL.

Abundance of human resources

There are 42 general universities and 133 secondary vocational schools in Chengdu city, which may offer for different enterprises more than 150 thousand university graduates and more than 100 thousand professional technicians every year; the enterprise salary cost per capita is 30 percent lower than that of coastal cities. According to Kelly Services Global Employee Index Survey in April 2011, Chengdu, Beijing and Shanghai were listed in the Top three cities where talents are the most reluctance to leave; and Chengdu was ranked first in list of China service out-sourcing cities in 2011.

Complete financial services

Chengdu is the city with the highest concentration of financial resources in the central and western regions of China; the general headquarters of People's Bank of China, China Banking Supervisory Committee, China Securities Supervisory Committee and China Insurance Supervisory Committee have all established regional supervisory branches in Chengdu. There are 50 banks, 62 insurance companies and 44 securities companies in Chengdu; the number of foreign banks, foreign-funded insurance company and listed companies is ranked first in the central and western regions of China, and the financial exchange value is ranked first in west China.

High efficiency and standardization of government services

The work of the serving government over the last eight years has made Chengdu become one of cities with the least approval items and the highest approval efficiency. Also Chengdu is the first demonstration city of intellectual property protection in China, is awarded "City Management Advancement Award of China", and becomes the first city to establish government patent awards among large cities of China.

Environment and facilities

There are many rivers in Chengdu. Its annual average temperature is 17.2 Celsius and its annual gross rain precipitation is 998 millimeters. It is not hot in summer and not chilly in winter. The forest coverage rate is 36.8 percent. As for the living facilities, there is a network of 6,000 hotels, restaurants and community health services that serves urban and rural residents. There are also other convenient living conditions like international communities and international schools etc.

What is Chengdu doing?

"Chengdu is focusing on the development of electronic information, vehicle, aerospace, new energy, new material, energy saving, environmental protection, bio-medicine, headquarters economy, finance, modern distribution, e-commerce, service out-sourcing, cultural creation, modern agriculture." Chen Fu said, "If you are engaging in these industries, Chengdu will welcome you to enter these industries and sectors. There are various opportunities, such as the new round West Development, the Chengdu-Chongqing economic zone construction, Tianfu New Area construction. Chengdu is facing new historic development opportunities."