PR91306

CHONGQING, China, Aug. 25, 2021 /Xinhua=KYODO JBN/--

In a bid to promote the digital economy for common prosperity, the

China-Shanghai Cooperation Organization Forum on the Digital Economy Industry

kicked off Monday in the Liangjiang New Area in southwest China's Chongqing

Municipality. The three-day event will be held both online and offline,

according to Chongqing Liangjiang New Area Administrative Committee.

As one of the five sub-forums, the parallel session of Trade and Economic

Multifunctional Platform for the SCO Countries (TEMP) in Chongqing Liangjiang

New Area was held Monday. A total of 16 projects were signed on site, involving

industry, cultural tourism and education, with a trade volume of nearly 10

billion yuan.

In August 2019, TEMP officially settled in Liangjiang New Area. It's designed

to be a multi-field and multi-functional international exchange and cooperation

platform with economic and trade work as the core. TEMP seeks to strengthen and

deepen cooperation, optimize the commercial structure of Central Asian and

Southeast Asian countries, expand corresponding economic factors, and establish

common production cooperation.

Since its establishment, TEMP has played an active role and achieved remarkable

results. The level of interconnection between SCO member states and Chongqing

has seen continuous improvement, with increasingly closer economic cooperation

and trade exchanges. At present, SCO member states have opened about 40 new

enterprises in Chongqing, and Chongqing has set up more than 30 enterprises in

SCO member states with a total investment of 675 million U.S. dollars.

As an important carrier for strengthening mutually beneficial economic and

trade cooperation between China and the SCO, TEMP will build a new SCO ecology

featuring deep integration of digital economy and traditional economy. It will

continue to innovate the international economic cooperation, trade exchange

model, and use advanced digital industry concepts to create a multi-industry

international ecological layout with Chongqing as the hub to serve SCO member

states.

As the first national-level development and opening-up new district in China's

inland, Liangjiang New Area is building an inland open door, a smart city, a

high-quality development leading area and high-quality living demonstration

area in Chongqing. By leading industrial transformation and upgrading with big

data intelligence and building a new pattern of inland opening-up, the new area

has established five open systems, including an open channel for international

multimodal transport, an open platform with complete functional categories, an

open economy with a high degree of extroversion, an open environment of

marketization, legalization and internationalization, and an open cooperation

connecting BRI countries. High-quality development has posted a strong momentum

in the new area.

Liangjiang will leverage TEMP to promote scientific and technological

innovation cooperation to a higher level and promote the application of

next-generation digital technologies. Besides, efforts will be made to push for

new results in digital economy cooperation and to build internationally

competitive digital industrial clusters. The new area will promote new

expansion of economic and trade cooperation and deepen cooperation in

international trade, industrial development, culture and tourism.

For more information, please visit http://www.liangjiang.gov.cn

Source: Chongqing Liangjiang New Area Administrative Committee