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Technology becoming new economic engine of Chengdu

By Zhong Nan and Li Yu in Chengdu and Lu Haoting in Beijing | China Daily | Updated: 2014-05-16 07:14

Transformed over two decades from China's biggest base for heavy industry in the western region, Chengdu is now thriving with a modern economy built on high-technology industries that are driving its growth and providing a window on its innovative strength.

Many of these opportunities come from China's national strategy of building the Silk Road economic belt, as well as soaring consumption power and the application of various advanced technologies.

Eager to gain higher profits from exports, Chengdu has moved toward a low-carbon, high-tech economy by curbing overcapacity and reducing the scale of heavy and energy-intensive industries on the one hand, while on the other encouraging high-tech industries to accelerate the speed of innovation and talent recruitment.

Technology becoming new economic engine of Chengdu

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