Zhong Guo Neng Yuan Wang·2025-06-03 02:21Core Viewpoint - The construction of the Chengdu-Chongqing economic circle is a significant strategic decision made by the central government, emphasizing the need for close cooperation between Chongqing and Sichuan to enhance development capabilities and promote high-quality manufacturing development in Chongqing [1][5]. Industry Development - Chongqing is positioned as a key strategic point in the western development initiative, linking the Belt and Road Initiative and the Yangtze River Economic Belt, which enhances its role in national regional development and foreign trade [2]. - The manufacturing sector in Chongqing has unique structural characteristics and advantages, with a focus on technological innovation to drive high-quality development [1][5]. - The city is actively building a modern industrial system centered on advanced manufacturing, with significant investments in technological upgrades and the cultivation of strategic emerging industries [1][4][19]. Energy Sector - Chongqing is the only energy net-importing municipality in the western region, with energy playing a crucial role in its development. The city is focusing on innovation-driven and green low-carbon development, particularly in the fields of new energy and intelligent technology [4][10]. - The energy interconnection between Sichuan and Chongqing has shown significant results, with a notable increase in electricity exchange between the two regions [10][11]. Logistics and Trade - The construction of the Western Land-Sea New Corridor is vital for establishing a new pattern of open economy, facilitating the export of new energy products and enhancing logistics capabilities [12][15]. - The corridor has become a key channel for the export of Chongqing's new energy vehicles and photovoltaic products, with a reported 23.8% year-on-year increase in foreign trade exports of these "new three items" [12][15]. Automotive Industry - The automotive industry in the Chengdu-Chongqing region is showing strong resilience, with over 600 companies in the intelligent connected new energy vehicle supply chain, indicating a robust local supply network [7][8]. - Changan Automobile exemplifies the integration of local supply chains, with nearly 45% of its components sourced from the Sichuan-Chongqing region, expected to exceed 50% by 2025 [8]. New Energy and Storage - The establishment of the Hai Chen Energy storage base in Chongqing marks a significant step in the development of the new energy storage industry, with plans for a large-scale industrial park [20][21]. - The new energy vehicle production in Chongqing reached 953,200 units in 2024, reflecting a 90.5% year-on-year growth, significantly outpacing the national growth rate [19].