Chengdu appears to have developed a new revenue source with which automobile makers can expand their factories and gain an edge over the fierce competition taking place in the country's eastern region.
Chengdu Diao Pharmaceutical Group Co is expanding its presence in Europe as it pursues a stronger foothold in a tough market that's had limited access to traditional Chinese medicine.
As the fires of entrepreneurship burn in western China, the Chengdu Federation of Industry and Commerce is expanding a program that will help its member chambers of commerce do more to support 240,000 private-sector enterprises in the city.
The Ascott brand is well recognized in China as a leader in the serviced apartment sector. Now, its presence is further reinforced with the opening of the Ascott Raffles City Chengdu, an occasion which coincided with the company's 30th anniversary.
The gross output of finished automobiles in FAW-Volkswagen's Chengdu base hit 1 million units as an all-new Jetta rolled off the assembly line on Tuesday morning.
After three rounds of intense competition with four other airports, Chengdu Shuangliu International Airport was chosen to host World Route 2016, Katie Bland, director of Routes at UBM Live, announced in Chengdu.
Chengdu, capital of Sichuan province, is trying to make it easier for foreign-funded enterprises to do business by simplifying administrative procedures and increasing transparency.
New Chinese wineries courted the media for attention. Wine associations organized tastings to introduce the latest wines. Wine merchants invited clients to dine at many of the city's gourmet restaurants, taking the time not just to sell, but also to socialize.
The purse for Sunday's Chengdu Dubai International Cup will total $603,000.
Fortune magazine Managing Editor Andy Serwer found Chengdu "a dynamic magnet for multinational companies", but the capital of Sichuan province has also had a strong pull on foreign political leaders recently.
The per capita GDP of Southwestern China's Chengdu city made an important breakthrough in 2013, hitting $10,000 for the first time.
The latest proof that Chengdu is gaining fame with multinationals is its listing as a recommended global investment destination by the Financial Times FDI Altas.
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