SNW(SH:600628) Zhong Guo Xin Wen Wang·2025-07-24 08:32Core Insights - The Chengdu-Chongqing high-speed railway will operate at a speed of 400 km/h, significantly reducing travel time between the two cities to 50 minutes [1][3] - This railway is designed to accommodate future speed enhancements, making it the first high-speed railway in China with provisions for 400 km/h operation [1][4] - The high-speed railway is expected to enhance economic integration and collaboration in the Chengdu-Chongqing economic circle, promoting the flow of talent, capital, and technology [3][4] Economic Impact - The Chengdu-Chongqing region is projected to achieve a GDP of 87,193 billion yuan in 2024, accounting for 30.3% of the western region's economy, with a slight increase in its national contribution from 6.3% in 2020 to 6.5% [4][5] - The high-speed railway will facilitate a more flexible and optimized industrial chain layout, enhancing technological innovation and expanding the reach of high-end services [4][5] - The region is recognized as a key growth area in China, with significant government investment exceeding 11 trillion yuan since 2020 and over 800 major projects under construction [4][5] Strategic Importance - The Chengdu-Chongqing area holds a unique position in national development strategies, particularly in the context of the Western Development Strategy [5][6] - The high-speed railway is not only a transportation tool but also a critical infrastructure for national strategic security, enabling rapid mobilization of resources in extreme situations [5][6] - The development of high-speed rail networks is seen as a vital component in enhancing China's competitiveness on a global scale [6][7]