Firstly, it has fine industrial advantages, providing a solid foundation for developing the new economy. Chengdu ranked fifth in the
ranking of 100 Chinese “Internet +” digital economy cities (the first in
southwest China), fostered six industrial clusters each with a value
over 100 billion yuan, and reshaped its economic geography, further
optimizing the industrial structure.
The output value of high and new industries in Chengdu reached around 937.5 billion yuan in 2017, up 11.7 percent from a year earlier.
Chengdu newly increased 357,000 new economy enterprises in 2017, one
third of the total newly increased enterprises.
Secondly, Chengdu introduced a series of talent policies to attract professionals for the new economy. So far, Chengdu already has 56
colleges and universities, more than 30 national research institutions,
which provide rich reserve of talent in the field of big data, 5G,
robots and the like.
Chengdu’s “12 talent policies” were issued in 2017 to encourage professionals to settle in Chengdu. So far, the policies have attracted
almost 200,000 professionals to work or start a business in Chengdu.
Chengdu ranked third in the ranking of the most attractive cities for
overseas returnees, only next to Beijing and Shanghai, according to the
report issued by the Center for China and Globalization and job portal
Zhaopin.com.
Thirdly, Chengdu’s special regional cultural genes including innovation spirit and inclusiveness, and pleasant environment provide
unlimited growth space for the new economy.
Chengdu has been the most pleasant city in China for many years. To enhance this advantage to attract more talent and build a livable
“Garden City” to enhance competitiveness, Chengdu is constructing the
biggest city park in the world — Longquan Mountain City Forest Park and
the longest greenbelt — the Tianfu Greenbelt.
Fourthly, Chengdu stands at the forefront of inland opening as a “national central city.” The construction of the Chengdu section of
Sichuan Free Trade Zone, the increase of the services of China-Europe
Express Railway as well as the construction of Tianfu International
Airport helped Chengdu expand opening-up.
Capitals also favor Chengdu since its declaration to develop the new economy. Internet giants, such as Alibaba, Tecent and Huawei, set their
eyes on Chengdu. JD.com, one of the leading e-commerce giants, planned
to build its southwestern headquarters in Chengdu.
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