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Chongqing Liangjiang New Area enables SCO cooperation with the digital economy

CHONGQING, China, August 25, 2021 / PRNewswire / – To advance the digital economy for shared prosperity, the China-Shanghai Cooperation Organization Forum on the Digital Economy Industry began in the Liangjiang New Area, southwest on Monday China Chongqing Township. The three-day event will be held both online and offline, according to the Chongqing Liangjiang New Area Administrative Committee.

As one of the five sub-forums, the parallel meeting of the multifunctional trade and economic platform for the SCO countries (TEMP) took place in the Chongqing Liangjiang New Area on Monday. A total of 16 projects from the fields of industry, cultural tourism and education with a trade volume of almost 16 were signed on site 10 billion yuan.

In August 2019, TEMP officially established in Liangjiang New Area. It is designed as a cross-divisional and multifunctional international exchange and cooperation platform, the core of which is economic and trade work. TEMP wants to strengthen and deepen the cooperation, optimize the trade structure of the Central Asian and Southeast Asian countries, expand the corresponding economic factors and establish joint production cooperations.

Since its inception, TEMP has played an active role and achieved remarkable results. The degree of interdependence between the SCO member states and Chongqing has continuously improved through ever closer economic cooperation and ever closer trade exchange. Currently, the SCO member states have around 40 new companies in Chongqing, and Chongqing has more than 30 companies in the SCO member states with a total investment of. founded $ 675 million.

As an important vehicle for strengthening the mutually beneficial economic and trade cooperation between China and the SCO will TEMP build a new SCO ecology that includes deep integration of the digital economy and the traditional economy. It will continue to renew the international economic cooperation and trade exchange model, and use advanced digital industry concepts to have a cross-industry international ecological layout. to accomplish Chongqing as a hub for the SCO member states.

As the first supraregional expansion and development of new districts in China inland, Liangjiang New Area is building an open door inland, an intelligent city, a high quality development lead area and a high quality residential demonstration area in Chongqing. By leading industrial transformation and upgrading with big data intelligence and building a new pattern of inland development, the new area has created five open systems, including an open channel for international multimodal transport, an open platform with full functional categories, an open economy with a high degree of extroversion, an open environment for marketing, legalization and internationalization and open cooperation between the BRI countries. The high-quality development has developed a strong dynamic in the new area.

Liangjiang will use TEMP to take scientific and technological innovation cooperation to a higher level and promote the application of next-generation digital technologies. In addition, efforts are being made to drive new results in cooperation in the digital economy and to build internationally competitive digital industrial clusters. The new area will promote the new expansion of economic and trade cooperation and deepen cooperation in international trade, industrial development, culture and tourism.

More information is available at http://www.liangjiang.gov.cn

SOURCE Chongqing Liangjiang New Area Administrative Committee

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