– CRI Online: Chengdu accelerates construction of international consumer hub city to connect global consumer supply chains
CHENGDU, China, Aug. 11, 2023 /PRNewswire/ — Chengdu, a historic commercial city, has flourished throughout history thanks to its commercial importance. The prosperity of its commercial development continues to this day.
To enhance the pivotal role of consumption in economic development, Chengdu has focused on strengthening its role as an international gateway, connecting global consumer supply chains. Its goal is to enhance the city’s reputation and build a globally influential consumer hub. Chengdu aims to meet people’s aspirations for a better life by creating high-quality consumption scenarios. It leads, through technological innovation, the promotion of new models of consumer innovation platforms. By becoming an international consumption destination, Chengdu aims to establish a new model of coordinated regional consumption development. The city is accelerating the construction of an international consumption center with the distinctive cultural characteristics of Tianfu, showing the characteristics of a park city, and leading the international fashion.
According to the representative of the Chengdu Municipal Bureau of Commerce, the city is currently focusing on creating ten distinctive consumption scenes, cultivating ten new types of consumption platforms, promoting innovation in ten key consumption areas, and revitalizing the activities of the “New December Market”. Chengdu continuously improves the environment for the creation of new consumers, promotes digital and green transformation in consumption, and shapes the city brand of Chengdu Service, Chengdu Creation, and Chengdu Consumption.
In 2022, Chengdu’s cross-border e-commerce transaction volume reached CNY 91.4 billion, while the market procurement trade export value reached CNY 31.5 billion, translating to a total import value- export of services that reached 15,400 million USD. In the same year, Chengdu’s tourism revenue reached CNY 181.4 billion, restaurant revenue reached CNY 144.5 billion, the sports industry exceeded a total scale of CNY 100 billion, the music industry output value reached CNY 50.3 billion, and exhibition revenue reached CNY 71.1 billion. The integration of various forms of consumption has made Chengdu one of the most vibrant cities in China.
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