Southwest Economic Rim 西南经济圈
Chongqing Municipality in the Southwest Economic Rim [nipic.com]
Amid China's efforts to expand domestic demand to counteract the global financial crisis, the Chengdu-Chongqing Economic Belt formed in 2009 and was approved by the central government this year. This belt will become the hub in the northern part of this economic rim, focusing on state-of-the-art equipment manufacturing, modern services sector, new technology, and agricultural products. The Yunnan Central Economic Belt, centered around the province's capital city of Kunming, is an important transport hub which has established close cooperation ties with South Asian countries. The Beibu Gulf Economic Region, the only gateway to the sea for this area, serves as an important link to Southeast Asian countries, and has contributed to rapid development in the region since 2008.