Economy Of Chongqing
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Economy Of Chongqing
The economy of Chongqing, China, has developed rapidly since it was separated from the Sichuan and became a centrally-administered municipality in 1997. In 2019, it was the sixth-largest Chinese city economy and ranked as China's third-largest municipal economy. In China's overall layout, Chongqing is also important for connecting China's underdeveloped western region with its more advanced eastern region, as well as promoting the economy of the mid-lower reaches of Yangtze river and the central western region. In 2011, Chongqing's gross domestic product exceeded 1 trillion Yuan (US$158.5 billion) and in 2018, Chongqing's gross domestic product was estimated to be 2.036 trillion Yuan (US$0.29 trillion). From 2002 to 2017, Chongqing maintained a two-digit GDP growth rate for over 15 years, with the peak growth rate of 17.1% reached in 2010. According to the World Bank, on a GDP per capita basis, Chongqing's GDP per capita was less than US$600 when Chongqing ...
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Chongqing
ChongqingPostal Romanization, Previously romanized as Chungking ();. is a direct-administered municipality in Southwestern China. Chongqing is one of the four direct-administered municipalities under the State Council of the People's Republic of China, Central People's Government, along with Beijing, Shanghai, and Tianjin. It is the only directly administrated municipality located deep inland. The municipality covers a large geographical area roughly the size of Austria, which includes several disjunct urban areas in addition to Chongqing proper. Due to its classification, the municipality of Chongqing is the List of largest cities, largest city proper in the world by population, though Chongqing is not the most populous urban area. The municipality of Chongqing is the only Chinese city with a resident population of over 30 million; however, this number includes its large rural population. In 2020, Chongqing surpassed Shanghai as China's largest municipality by urban populati ...
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The Wall Street Journal
''The Wall Street Journal'' (''WSJ''), also referred to simply as the ''Journal,'' is an American newspaper based in New York City. The newspaper provides extensive coverage of news, especially business and finance. It operates on a subscription model, requiring readers to pay for access to most of its articles and content. The ''Journal'' is published six days a week by Dow Jones & Company, a division of News Corp. As of 2023, ''The'' ''Wall Street Journal'' is the List of newspapers in the United States, largest newspaper in the United States by print circulation, with 609,650 print subscribers. It has 3.17 million digital subscribers, the second-most in the nation after ''The New York Times''. The newspaper is one of the United States' Newspaper of record, newspapers of record. The first issue of the newspaper was published on July 8, 1889. The Editorial board at The Wall Street Journal, editorial page of the ''Journal'' is typically center-right in its positio ...
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New North Zone
New North Zone () is an economic administrative zone in north Chongqing, China. It covers a land area of . It was established in 2002 to include Chongqing Economic and Technological Development Zone, Chongqing High-Tech Industrial Development Zone and Chongqing Export Processing Trade Zone. Chongqing Economic and Technological Development Zone was established in 1993. It covers an area of 9.6 square kilometres. The pillar industries in the zone include information and electronics, bio-pharmaceuticals, automobiles and motorcycles, refined chemicals and new materials, green food, and garments. Many international enterprises set up their factories in the zone. See also * National Economic and Technological Development Zones The National Economic and Technological Development Zones () are the special areas of the People's Republic of China where foreign direct investment is encouraged. They are usually called the "Economic and Technological Development Zones" or sim ... Refe ...
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Financial Center
A financial centre (financial center in American English) or financial hub is a location with a significant concentration of commerce in financial services. The commercial activity that takes place in a financial centre may include banking, asset management, insurance, and provision of financial markets, with venues and supporting services for these activities to take place. Participants can include financial intermediaries (such as banks and brokers), institutional investors (such as investment managers, pension funds, insurers, and hedge funds), and issuers (such as companies and governments). Trading activity often takes place on venues such as exchanges and involves clearing houses, although many transactions take place over-the-counter (OTC), directly between participants. Financial centres usually host companies that offer a wide range of financial services, for example relating to mergers and acquisitions, public offerings, or corporate actions; or which parti ...
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Chongqing Municipal Government
The politics of Chongqing is structured in a dual party-government system like all other governing institutions in the People's Republic of China (PRC). The mayor of Chongqing is the highest-ranking official in the People's Government of Chongqing. As since 1997 Chongqing has been a centrally administered municipality, the mayor occupies the same level in the order of precedence as provincial governors. However, in the city's dual party-government governing system, the mayor has less power than the Chongqing Chinese Communist Party Municipal Committee Secretary, colloquially termed the "Chongqing CCP Party Chief". Since 1997, the Chongqing Municipal People's Congress has governed Chongqing. Chongqing was previously also governed by a municipal government between 1939 and 1954, but in 1929–1939 and 1954–1997, when Chongqing was a sub-provincial city rather than a centrally administered municipality, it was governed by the Chongqing City Government. Chongqing model List of t ...
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Jiangbeizui CBD
Jiangbeizui CBD() is one of the central business districts and part of Liangjiang New Area in central Chongqing, China. The CBD aims to attract financial institutions, making it a financial centre in the future. Jiangbeizui CBD is located by the Yangtze River, near the confluence with the Jialing River The Jialing River, formerly known by numerous other names, is a major tributary of the Yangtze River in the Sichuan Basin. It is named after the Jialing Valley in Feng County, Shaanxi through which it flows. The Jialing River's most notable c ... immediately across Chongqing's primary downtown core of Jiefangbei CBD. The world class Chongqing Science and Technology Museum is located here. See also * Jiefangbei CBD References Jiangbei District, Chongqing Economy of Chongqing Geography of Chongqing Central business districts in China Financial districts in China {{Chongqing-geo-stub ...
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Electronics Industry
The electronics industry is the industry (economics), industry that produces electronic devices. It emerged in the 20th century and is today one of the largest global industries. Contemporary society uses a vast array of electronic devices that are built in factories operated by the industry, which are almost always partially automated. Electronic products are primarily assembled from metal–oxide–semiconductor (MOS) transistors and integrated circuits, the latter principally by photolithography and often on printed circuit boards. Circuit boards are assembled largely using surface-mount technology, which typically involves the automated placement of electronic parts on circuit boards using pick-and-place machines. Surface-mount technology and pick-and-place machines make it possible to assemble large numbers of circuit boards at high speed. The industry's size, the use of toxic materials, and the difficulty of recycling have led to a series of problems with electronic waste. ...
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Consumption (economics)
Consumption refers to the use of resources to fulfill present needs and desires. It is seen in contrast to investing, which is spending for acquisition of ''future'' income. Consumption is a major concept in economics and is also studied in many other social sciences. Different schools of economists define consumption differently. According to mainstream economics, mainstream economists, only the final purchase of newly produced Good (economics), goods and Service (economics), services by individuals for immediate use constitutes consumption, while other types of expenditure — in particular, fixed investment, intermediate consumption, and government spending — are placed in separate categories (see consumer choice). Other economists define consumption much more broadly, as the aggregate of all economic activity that does not entail the design, production and marketing of goods and services (e.g., the selection, adoption, use, disposal and recycling of goods and services). E ...
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Xi Jinping
Xi Jinping, pronounced (born 15 June 1953) is a Chinese politician who has been the general secretary of the Chinese Communist Party (CCP) and Chairman of the Central Military Commission (China), chairman of the Central Military Commission (CMC), and thus the paramount leader of China, since 2012. Since 2013, Xi has also served as the seventh president of China. As a member of the fifth Generations of Chinese leadership, generation of Chinese leadership, Xi is the first CCP general secretary born after the Proclamation of the People's Republic of China, establishment of the People's Republic of China (PRC). The son of Chinese communist veteran Xi Zhongxun, Xi was exiled to rural Yanchuan County, Shaanxi Province, as a teenager following his father's purge during the Cultural Revolution. He lived in a yaodong in the village of Liangjiahe, where he joined the CCP after several failed attempts and worked as the local Chinese Communist Party Committee Secretary, party secretary ...
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General Secretary Of The Communist Party Of China
The general secretary of the Central Committee of the Chinese Communist Party ( zh, s=中国共产党中央委员会总书记, p=Zhōngguó Gòngchǎndǎng Zhōngyāng Wěiyuánhuì Zǒngshūjì) is the leader of the Chinese Communist Party (CCP), the sole ruling party of the People's Republic of China (PRC). Since 1989, the CCP general secretary has been the paramount leader of the PRC. The position of the general secretary of the Central Committee was established at the 4th Party National Congress in 1925, when Chen Duxiu, one of the founders of the CCP, was elected as the first General Secretary. After the 7th National Congress, the position was replaced by the Chairman of the Central Committee, which was held by Mao Zedong until his death. The post was re-established at the 12th National Congress in 1982 and replaced the Party Chairman as the highest leadership position of the CCP; Hu Yaobang was the first General Secretary. Since the 1990s, the holder of the post h ...
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Communist Party Of China
The Communist Party of China (CPC), also translated into English as Chinese Communist Party (CCP), is the founding and One-party state, sole ruling party of the People's Republic of China (PRC). Founded in 1921, the CCP emerged victorious in the Chinese Civil War against the Kuomintang and Proclamation of the People's Republic of China, proclaimed the establishment of the PRC under the leadership of Mao Zedong in October 1949. Since then, the CCP has governed China and has had sole control over the People's Liberation Army (PLA). , the CCP has more than 99 million members, making it the List of largest political parties, second largest political party by membership in the world. In 1921, Chen Duxiu and Li Dazhao led the founding of the CCP with the help of the Far Eastern Bureau of the Communist Party of the Soviet Union, Russian Communist Party (Bolsheviks) and Far Eastern Bureau of the Communist International. Although the CCP aligned with the Kuomintang (KMT) during its initia ...
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Unemployment Rate
Unemployment, according to the OECD (Organisation for Economic Co-operation and Development), is the proportion of people above a specified age (usually 15) not being in paid employment or self-employment but currently available for work during the reference period. Unemployment is measured by the unemployment rate, which is the number of people who are unemployed as a percentage of the labour force (the total number of people employed added to those unemployed). Unemployment can have many sources, such as the following: * the status of the economy, which can be influenced by a recession * competition caused by globalization and international trade * new technologies and inventions * policies of the government * regulation and market * war, civil disorder, and natural disasters Unemployment and the status of the economy can be influenced by a country through, for example, fiscal policy. Furthermore, the monetary authority of a country, such as the central bank, ca ...
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