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Sichuan, Chongqing Work Together to Open Inland China Wider to the World

By VIVIAN YANICHONGQING|Dec 17,2020

China Railway Express to Europe, operated by Chengdu and Chongqing, transport goods with the highest value, covers the largest area, boasts the most potent industrial drive force, and is the most competitive.

To Europe, China Railway Express is a vital carrier to serve the Belt and Road construction, with corresponding lines opened in over 60 cities in China.

China-Europe freight trains are a vital carrier to serve the Belt and Road construction.

Besides, Sichuan and Chongqing join hands to develop the New International Land-Sea Trade Corridor (ILSTC).

In 2020, companies in the two places have been engaging in the building of Beibu Gulf in Guangxi Province; the development of ILSTC has been incorporated into the construction of the Chengdu-Chongqing Economic Circle; Sichuan and Chongqing are to co-establish a logistics alliance.

In April 2020, Sichuan and Chongqing signed the Framework Agreement of Strategic Cooperation on Talent Synergetic Development Chengdu-Chongqing Economic Circle.

One of the key tasks is to set up a long-term mechanism, allowing the two cities to exchange young officials for taking temporary posts.

However, personnel communication and exchange are just one of the reform measures. The two places are implementing a series of reform and opening-up measures, leading the western region to catch up with the eastern coastal region.

For instance, Sichuan and Chongqing plan to build the Co-opening-up Demonstration Zone of China (Sichuan) Pilot Free Trade Zone & China (Chongqing) Pilot Free Trade Zone, to carry out centrally, achieve breakthroughs in, and systematically integrate diverse reform and innovative measures and differentiated pilots.

Specifically, they are expected to ask for greater reform autonomy from the country, endeavor to make rail waybills the documents of title, and promote the one-bill system for “rail+” multimodal transport.

The two need to popularize their experience in reforming free trade zones to a wider area while building a special economic functional zone in inland China with international influence. This is led by core areas, supported by layers, and can expand to neighboring regions.

Sichuan and Chongqing will also co-establish a distribution center for commodities exported to or imported from countries along the Belt and Road.

With such efforts, the Chengdu-Chongqing region is slated to become a commodity distribution center rested in western China, influencing countries along the Belt and Road, and attracting labor forces, goods, investment, and information.

In terms of deepening cooperation in consumption stimulation, Sichuan and Chongqing will catalyze the international resources pool, improve services, build a sound environment, and encourage demand, to develop Chongqing and Chengdu globally-influential international consumption centers.

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