Spatial And Economic Transformation for Chongqing 2035
Vivid Economics was commissioned to lead a team revising and editing the final version of a flagship World Bank Global Platform for Sustainable Cities report into the potential avenues for growth for China’s largest urban area. The report identifies actionable recommendations to aid Chongqing’s government to realise its ambitions to achieve ‘global city’ status by 2035.
“Geographically, Chongqing is strategically positioned as a gateway to China’s west, a key connection in the Yangtze river economic belt, and a strategic base for China’s belt and road initiative. Over the past two decades, Chongqing has faced significant challenges, including the resettlement of over 1 million people and numerous enterprises due to the construction of the Three Gorges dam. Despite these challenges, Chongqing has made an extraordinary transformation. This transformation has resulted in an important sectoral shift. The municipality’s economy, formerly based in agriculture and heavy industry, is now more balanced, with the secondary and tertiary industries contributing to 44 percent and 48 percent of gross domestic product (GDP) respectively. Chongqing’s economic transformation goes hand in hand with improvements to social inclusiveness.” – World Bank
Date: March 2019