Sichuan Economy and Trade Trends Monthly, February 2015

News Center

《Sichuan province economic and trade issue》

Source：Release Time:2015-02-28

Sichuan Economy and Trade Trends

Monthly, February 2015

Published by CCPITSichuanCouncil

Contents

Macro Economy	-Economic Output per Square Kilometer in High-tech Zone Expected to Top RMB 1 Bln in 2015 -Planned Investment of Key Projects of 2015 Reaches RMB 418.8 Billion -Science and Technology Service Industry Strives to Top RMB 300 Blnin Output Value in 2015 -Service Industry’s Added Value Topped One Trnfor the First Time in 2014 -Strategic Emerging Industry Topped RMB 600 Bln in Output Value in 2014
Foreign Trade	-First Chengdu-Sri Lanka Flight Started; Direct Chengdu-Osaka Flight to Open in March -Mianyang’s Total Export over USD 2 Bln in 2014 -Chengdu to Build Europe/CentralAsia-orientedCargoTransferCenter
Key Projects	-Planned Investment of Yibin’s 200 Key Projects Tops RMB 44.6 Billion
Industries	-Sichuan’s Automobile Industry Topped RMB 200 Bln in 2014 -Chengdu Economic & Technological Development Zone’s Vehicle Manufacturing Industry Topped RMB 100 Bln in Revenue -Mianyang’s E-business Turnover Topped RMB 160 Bln in 2014 -Non-ferrous Metal Industry Increases Slowly -Lightinthebox GlobalMobileInternetInnovationR&DCenterSettled inChengdu
Convention & Exhibition Economy	-The 19^th Chinese New Year Shopping Festival (Sichuan) Held Successfully -RMB34 Mln Bagged during 12-day Mianyang New Year Shopping Festival
CCPITSichuanCouncil	-New Year Business Dinner Party Held for CCPITSichuanCouncil with Consulates inChengdu, Economic and Trade Organizations and Chambers of Commerce and Associations. -Vice-chairman Lv Furong Participating in Provincial, District and Municipal-level Preparatory Work Meeting forChinaPavilion at EXPO Milano 2015

Macro-economy

Economic Output per Square Kilometer in High-tech Zone Expected to Top RMB 1 Bln in 2015

According to economic data of year 2014 issued by Chengdu High-tech Zone administration on January 30^th, industrial added value increased by 13.6%, and economic output per square kilometer reached RMB 906 million which is expected to top RMB 1 billion in 2015.

The quality of development will also become better. Last year, Chengdu High-tech Zone achieved a public budget income of RMB 11.511 billion, including local tax revenue of RMB 10.7 billion accounting for 93%. GDP per capita reached USD 32,000, and regional overall strength and sustainable development ability also further strengthened in 2014.

Industrial structure has been optimized. Strategic emerging industries have developed rapidly, with an added value of RMB 64.2 billion, up 21.1%. The proportion of added value of industries above designated size was 85.3% in 2014, up 3.4% than 2013. The output value of bioindustry topped RMB 10 billion for the first time.

Key projects have played supporting roles as always. Last year, up to 47 key projects were introduced with a total investment of RMB 60 billion. Eight Fortune Global 500 enterprises were newly introduced such as BASF and Roche, and now the total number of such enterprises inChengduis up to 102.

Reform has stimulated market vitality. Last year, 11,517 enterprises were newly registered, up 106.5% year on year, the highest level in history. Registered capital (fund) newly added in 2014 was RMB 64.471 billion, namely RMB 182 million each day.

Innovation-driven development enjoys obvious advantages. There are 560 high-tech enterprises in High-tech Zone, accounting for 25% ofSichuan’s total. Also, there are 53 persons of national Thousand Talents plan, accounting for 37% inSichuan. (Sichuan Daily reported on February 1^st, Zhang Lan)

Planned Investment of Key Projects of 2015 Reaches RMB 418.8 Bln

A video and telephone conference focused on the promotion of investment and key projects was held inChengduon February 2^nd. According to this meeting, the total investment of 500 provincial key projects will reach RMB 2,994.1 billion in 2015, and annual planned investment is RMB 418.8 billion, above 400 billion for five years running. There are 362 projects in continued construction and 138 new projects. Correspondingly, the objective of investment of provincial fixed assets is RMB 2.59 trillion.

Industrial investment is still highlighted, with 281 projects, accounting for 56.2%. Centering on industrial restructuring, 26 high-end industrial projects with an annual planned investment of RMB 10.63 billion will be promoted in this year including Changning-Weiyuan national shale gas demonstration development project, and independent R&D project of heavy-duty gas turbine. 52 leading service industry projects with an annual planned investment of RMB 27.78 billion such as the cloud computing center of China Software Group and the western base of Alibaba will also be promoted. In addition, 77 modern service industry projects will also be promoted, 2 projects more than last year.

Focusing on economic restructuring and upgrading, 74 strategic innovative projects will be arranged with an annual planned investment of RMB 31.2 billion. 42 demonstration projects in new material, bio-pharmaceuticals and smart machine with an annual planned investment of RMB 2.32 billion will also be promoted. 15 army-civilian industrial projects with an annual planned investment of RMB 1.8 billion will also be promoted.

Investment ensuring people’s livelihood is in sustainable growth. There are 47 livelihood projects and social undertaking projects with an annual planned investment of RMB 84.6 billion.

The meeting also issued the progress of investment and key projects inSichuanin 2014. Last year, the accumulated achieved investment of key projects was RMB 485.07 billion, accounting for 112.8% of annual objective. The achieved investment of fixed assets was RMB 2,357.75 billion, up 12% year on year. Last year, the structure of investment on fixed assets was optimized further. Investment proportion of three industries was adjusted to 2.7:30.6:66.7 from 2.7:33.7:63.5. Input in key fields was increased. There were 3 new cities (prefectures) with investment more than RMB 100 billion. The increase rate of investment of up to 14 cities (prefectures) was high than provincial average. In addition, private investment vitality was unleashed. The total achieved private investment was RMB 1321.03 billion, up 14.8% year on year, 2.8% higher than provincial increase rate of fixed asset investment. (Sichuan Daily reported on February 3^rd, Xiong Xiaowei)