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West China: Chongqing
The effects of the "Go West"' drive to generate investment in the western provinces can be felt most clearly in this huge municipality. It is expected that Chongqing can play the role as a magnet for investment in the west as Shenzhen and Shanghai did for the south and the east in the 1980s and 1990s. Chongqing is already one of the fastest developing cities in the world and the government wants it to develop faster still. The target is for the municipality to be 70 percent urbanized by 2020.
To read the full version of this article, please purchase the May 2009 issue of China Briefing, which can be found in the Asia Briefing Bookstore. Companies requiring assistance may contact any Dezan Shira & Associates' nine national offices at china@dezshira.com for advice or visit www.dezshira.com.
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