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
Chongqing ( or ; ; Sichuanese dialects, Sichuanese pronunciation: , Standard Mandarin pronunciation: ), Postal Romanization, alternately romanized as Chungking (), is a Direct-administered municipalities of China, municipality in Southwest China. The official abbreviation of the city, "" (), was approved by the State Council of the People's Republic of China, State Council on 18 April 1997. This abbreviation is derived from the old name of a part of the Jialing River that runs through Chongqing and feeds into the Yangtze River. Administratively, it is one of the four municipalities under the direct administration of the Government of China, central government of the People's Republic of China (the other three are Beijing, Shanghai, and Tianjin), and the only such municipality located deep inland. The municipality of Chongqing, roughly the size of Austria, includes the city of Chongqing as well as various discontiguous cities. Due to a classification technicality, Chongqing ...
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The Wall Street Journal
''The Wall Street Journal'' is an American business-focused, international daily newspaper based in New York City, with international editions also available in Chinese and Japanese. The ''Journal'', along with its Asian editions, is published six days a week by Dow Jones & Company, a division of News Corp. The newspaper is published in the broadsheet format and online. The ''Journal'' has been printed continuously since its inception on July 8, 1889, by Charles Dow, Edward Jones, and Charles Bergstresser. The ''Journal'' is regarded as a newspaper of record, particularly in terms of business and financial news. The newspaper has won 38 Pulitzer Prizes, the most recent in 2019. ''The Wall Street Journal'' is one of the largest newspapers in the United States by circulation, with a circulation of about 2.834million copies (including nearly 1,829,000 digital sales) compared with ''USA Today''s 1.7million. The ''Journal'' publishes the luxury news and lifestyle magazine ' ...
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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 simp ... Ref ...
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Financial Center
A financial centre ( BE), financial center ( AE), or financial hub, is a location with a concentration of participants in banking, asset management, insurance or 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 can take place on venues such as exchanges and involve clearing houses, although many transactions take place over-the-counter (OTC), that is 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 participate in other areas of finance, such as private equity, hedge funds, and reinsurance. Ancillary financial services include ...
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Chongqing Municipal Government
Chongqing ( or ; ; Sichuanese pronunciation: , Standard Mandarin pronunciation: ), alternately romanized as Chungking (), is a municipality in Southwest China. The official abbreviation of the city, "" (), was approved by the State Council on 18 April 1997. This abbreviation is derived from the old name of a part of the Jialing River that runs through Chongqing and feeds into the Yangtze River. Administratively, it is one of the four municipalities under the direct administration of the central government of the People's Republic of China (the other three are Beijing, Shanghai, and Tianjin), and the only such municipality located deep inland. The municipality of Chongqing, roughly the size of Austria, includes the city of Chongqing as well as various discontiguous cities. Due to a classification technicality, Chongqing municipality can claim to be the largest city proper in the worldthough it does not have the world's largest urban area. Chongqing is the only city in Ch ...
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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 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 Jiefangbei CBD (), also known as Jiefangbei Business Walking Street (), is the ultra-dense, urbanized downtown core and one of several central business districts of Chongqing, China. It is anchored by a large pedestrian mall with a landmark monum ... 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 economic sector 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 built-in automated or semi-automated factories operated by the industry. Products are primarily assembled from metal-oxide-semiconductor (MOS) transistors and integrated circuits, the latter principally by photolithography and often on printed circuit boards. The industry's size, the use of toxic materials, and the difficulty of recycling have led to a series of problems with electronic waste. International regulation and environmental legislation have been developed to address the issues. The electronics industry consists of various sectors. The central driving force behind the entire electronics industry is the semiconductor industry sector, which has annual sales of over as of 2018. The largest industry sector is e-commerce, which generated over in 2 ...
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Consumption (economics)
Consumption is the act of using resources to satisfy current needs and wants. 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 economists, only the final purchase of newly produced goods and 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). Economists are particularly interested in the relationship betwee ...
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Xi Jinping
Xi Jinping ( ; ; ; born 15 June 1953) is a Chinese politician who has served as the general secretary of the Chinese Communist Party (CCP) and chairman of the Central Military Commission (CMC), and thus as the paramount leader of China, since 2012. Xi has also served as the president of the People's Republic of China (PRC) since 2013. The son of Chinese Communist veteran Xi Zhongxun, Xi was exiled to rural Yanchuan County as a teenager following his father's purge during the Cultural Revolution. He lived in a yaodong in the village of Liangjiahe, Shaanxi province, where he joined the CCP after several failed attempts and worked as the local party secretary. After studying chemical engineering at Tsinghua University as a worker-peasant-soldier student, Xi rose through the ranks politically in China's coastal provinces. Xi was governor of Fujian from 1999 to 2002, before becoming governor and party secretary of neighboring Zhejiang from 2002 to 2007. Following dismissal of ...
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General Secretary Of The Communist Party Of China
The general secretary of the Chinese Communist Party () is the head 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. Overview According to the Constitution of the Chinese Communist Party, the general secretary serves as an ''ex officio'' member of the Politburo Standing Committee, China's ''de facto'' top decision-making body. The general secretary is also the head of the Secretariat. Since 1989, the holder of the post has been, except for transitional periods, the Chairman of the Central Military Commission, making the holder the supreme commander of the People's Liberation Army. The position of general secretary is the highest authority leading China's National People's Congress, State Council, Political Consultative Conference, Supreme People's Court and Supreme People's Procuratorate in the Chinese government. As the top leader of th ...
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Communist Party Of China
The Chinese Communist Party (CCP), officially the Communist Party of China (CPC), is the founding and sole ruling party of the People's Republic of China (PRC). Under the leadership of Mao Zedong, the CCP emerged victorious in the Chinese Civil War against the Kuomintang, and, in 1949, Mao proclaimed the establishment of the People's Republic of China. Since then, the CCP has governed China with eight smaller parties within its United Front and has sole control over the People's Liberation Army (PLA). Each successive leader of the CCP has added their own theories to the party's constitution, which outlines the ideological beliefs of the party, collectively referred to as socialism with Chinese characteristics. As of 2022, the CCP has more than 96 million members, making it the second largest political party by party membership in the world after India's Bharatiya Janata Party. The Chinese public generally refers to the CCP as simply "the Party". In 1921, Chen Duxiu and Li Da ...
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Unemployment Rate
Unemployment, according to the OECD (Organisation for Economic Co-operation and Development), is 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: * new technologies and inventions * the status of the economy, which can be influenced by a recession * competition caused by globalization and international trade * policies of the government * regulation and market 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, can influence the availability and cost for money through its monetary ...
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