Guangming Daily:

This year marks the fifth year of the development of the Chengdu-Chongqing economic circle. According to our observations, entrepreneurs from both regions have been engaging in more frequent communication and cooperation, with coordinated development among industries becoming a new highlight of this development strategy. Can you elaborate on the progress made in industrial coordination between Sichuan and Chongqing? Thank you.

Dai Yongbo:

Mr. Huang also just briefly spoke on the initial progress of the Chengdu-Chongqing economic circle construction. The strategy has yielded fruitful results since its implementation. In 2023, the GDP of the dual-city economic circle reached 8.19 trillion yuan, contributing 6.5% of China's GDP with only 2% of the country's land area. Its role as China's strategic hinterland has been significantly enhanced.

Sichuan and Chongqing enjoy abundant scientific and educational resources as well as having a strong industrial foundation. The two regions have collaborated to advance new industrialization, accelerating the integration among industrial chains involving supporting facilities, factor supply, product value and technological innovation. They have also launched a campaign to develop advanced manufacturing clusters in the Chengdu-Chongqing region. Such industrial coordination has yielded notable results, making the whole greater than the sum of the parts.

We have also redoubled efforts to boost four pillar industries: electronic information, equipment manufacturing, automobile and specialty consumer goods, each worth a trillion yuan. Additionally, we have coordinated efforts to improve industrial support, establish related platforms and develop brands, leading to the emergence of a world-class industrial cluster. The electronic information industry in Chengdu and Chongqing is the country's first cross-provincial advanced manufacturing cluster at the national level, with its output value accounting for one-seventh of China's total. Sichuan ranks the third domestically in the shipment of new display panels, with nearly one-fifth of the world's flexible display screen products being made in Sichuan.

The industries of Sichuan and Chongqing have long been deeply intertwined, with both places focusing on creating a symbiotic and win-win industrial system, and the trend of industrial synergy has become increasingly evident. Over 400 auto parts companies provide services for vehicle assembly, achieving a comprehensive matching rate of 80%. In the field of new energy vehicles, Sichuan Contemporary Amperex Technology Co. Ltd. and Chongqing Changan Automobile Co. Ltd. have jointly established CATL-Changan EV Battery Co. Ltd. and power batteries made in Sichuan are continuously being installed in vehicles made in Chongqing.

Sichuan and Chongqing are jointly building a sci-tech innovation center with national influence, advancing industrial innovation through sci-tech innovation. We have jointly fostered three national advanced manufacturing clusters, four national strategic emerging industry clusters, a batch of major scientific and technological infrastructure such as a deep underground dark matter laboratory and the Large High Altitude Air Shower Observatory (LHAASO), producing globally influential scientific research results that are rapidly being promoted and applied. Currently, Sichuan and Chongqing are jointly upgrading traditional industries, expanding emerging industries and cultivating future industries, actively undertaking the national layout of major productive forces, and accumulating new momentum for high-quality development.

The industrial collaboration between Sichuan and Chongqing aligns with both of their development needs and the principles of industrial development. It is flourishing and has a very promising future. Thank you.