Chengdu Special: Local service industry to ride high on back of new policies

Sichuan's provincial capital Chengdu is expecting robust growth in its service industry this year now that local authorities have announced a new round of policies designed to stimulate the sector.

The policies released on Jan 16 are aimed at developing the higher end of the service industry, attract multinationals to move their headquarters to Chengdu, and encourage modern building complexes to play a larger role in the industry, said Zhang Jinquan, deputy director of the Chengdu Bureau of Commerce.

The city's service industry serves 100 million people from Chengdu and neighboring cities and provinces in Southwest China.