BIJAN

BIJAN
MKR with YAB Dato' Sri Najib

Tuesday, June 14, 2016

BUSINESS ANALYSIS: SICHUAN PROVINCE, PEOPLE REPUBLIC OF CHINA

1. Sichuan is a province in Western Region with its capital in Chengdu.

2. It is bordered by Qinghai, Gansu, Shaanxi, Guizhou, and Yunnan provinces, Chongqing Municipality, and the Tibet Autonomous Region. It has an area of 487,000 km2.

3. Sichuan Province is a traditionally agricultural region in the southwest of China, home to more than 82.42 million people.

4. The central government’s policy in the 1980s and 90s by providing incentives for growth in coastal areas, has lagged behind inland provinces including Sichuan.

5. However, recent attention due to regional income disparities has prompted the government to promote economic incentives and infrastructure investments in the inland areas.

6. Sichuan’s economy responded quickly, growing by 15.1 per cent in 2010 to top RMB 1.6 trillion (compared to a national average of 10.3 per cent), with growth led by town and village enterprises (TVEs) and the private sector.

7. More recent studies show continued strong growth. Sichuan’s capital, Chengdu City, forms part of an emerging urban industrial corridor which stretches southeast through to the newly-designated municipality of Chongqing, now the world’s largest single metropolitan area in terms of the population.

8. The area lies in the Sichuan basin and is surrounded by the Himalaya to the West, Qinling range to the North, and mountainous areas of Yunnan to the South.

9. The Yangtze River flows through the basin and thus is upstream to areas of Eastern Region.

10. The Minjiang River, in central Sichuan is a tributary of the upper Yangtze River, which it joins at Yibin.

11. The climate is often heavily foggy. Several cities are quite polluted and seldom get sunny days.

12. Administrative Subdivisions The current immediate administrative divisions of Sichuan consist of eighteen prefecture-level cities and three autonomous prefectures.

13. Major cities are Chengdu, Mianyang, Deyang, Yibin, Luzhou, Zigong and Panzhihua.

14. In 2010, Chengdu’s population topped 14 million. Economy Sichuan has been historically known as the "Kingdom of Abundance".

15. It is one of the major agricultural production bases of China. Grain, including rice and wheat, is the major product from the province.

16. Commercial crops include citrus fruits, sugar canes, sweet potatoes, peaches and rapeseeds. Sichuan is rich in mineral resources.

17. It has more than 132 different kind of proven underground mineral resources of which the reserves of 11 minerals (including vanadium, titanium, and lithium) are the largest in China.

18. The Panxi region alone possesses 13.3% of the reserves of iron, 93% of titanium, 69% of vanadium, and 83% of cobalt of the whole country.

19. Sichuan is also one of the major industrial bases of China. In addition to heavy industries such as coal, energy, iron and steel industries, the province has established a light - manufacturing sector comprising of building materials, wood processing, food and silk processing.

20. Chengdu and Mianyang are the production bases for textiles and electronics products. Deyang, Panzhihua, and Yibin are the production bases for machinery, metallurgy industries, and wine respectively.

21. Great strides have been achieved in accelerating the development of Sichuan into a modern hi-tech industrial base by encouraging both domestic and foreign investments in electronics and information technology (such as software), machinery and metallurgy (including automobiles), hydropower, pharmaceutical, food and beverage industries.

22. The auto industry is a key sector of the machinery industry in Sichuan. Most of the auto manufacturing companies are located in Chengdu, Mianyang, Nanchong, and Luzhou.

23. Other important industries in Sichuan include aerospace and defence (military) industries.

24. A number of China’s rockets (Long March rockets) and satellites have been launched from the Xichang Satellite Launch Center.

25. Sichuan’s beautiful landscapes and rich historical relics have also made the province into a major center for tourism.

26. The Three Gorges Dam, the largest dam ever constructed lies on the Yangtze River in nearby Hubei province for - among others - the purpose of controlling flooding in the Sichuan Basin, neighbouring Yunnan province, and downstream.

27. The dam is hailed by some as a Chinese effort to shift towards alternative energy sources and to further develop its industrial and commercial bases but others have criticized it for its potential harmful effects, such as massive resettlement of refugees, loss of archaeological sites, and ecological damage.

28. Local Regulation Sichuan authority formulated ― Sichuan Provincial Monitoring Management of Industrial Pollution Source in 1992, thus Sichuan has a local system of measures in place for industrial pollution management.

29. To ensure the drinking water security and water resources, the Sichuan Provincial People’s Congress approved ―Sichuan Management Regulations of Drinking Water Source Protection in 1997.

30. To enhance the hazardous solid waste management and alleviate the pollution caused by solid waste, Sichuan authority formulated ― Prevention Method of Hazardous Solid Waste Pollution in Sichuan in 2003.

31. To improve the environmental protection processes, Sichuan formulated ― Level Certification Management Method of Environmental Protection Process Design in 2006. Based on ― Environmental Protection Law of China, this regulation provides the executable measures for the local environmental protection work.

#Shared BY: MKR#

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