Sichuan :


Sichuan (help·info) (Chinese: 四川, known formerly in the West by its postal map spellings of Szechwan or Szechuan) is a province of the People's Republic of China, located in the southwest of the country. The current name of the province, "四川", is an abbreviation of "四川路" (Sì Chuānlù), or "Four circuits of rivers", which is itself abbreviated from "川峡四路" (Chuānxiá Sìlù), or "Four circuits of rivers and gorges", named after the division of the existing circuit into four during the Northern Song Dynasty. The capital is Chengdu, a key economic centre of Western China.

Sichuan has been historically known as the "Province of Abundance". It is one of the major agricultural production bases of China. Grain, including rice and wheat, is the major product with output that ranked first in China in 1999. Commercial crops include citrus fruits, sugar canes, sweet potatoes, peaches and grapeseeds. Sichuan also had the largest output of pork among all the provinces and the second largest output of silkworm cocoons in China in 1999. Sichuan is rich in mineral resources. It has more than 132 kinds of proven underground mineral resources of which reserves of 11 kinds including vanadium, titanium, and lithium are the largest in China. The Panxi region alone possesses 13.3% of the reserves of iron, 93% of titanium, 69% of vanadium, and 83% of the cobalt of the whole country. Sichuan also possesses China's largest proven natural gas reserves, although the majority of which is transported to more developed eastern regions.
 
Sichuan is one of the major industrial centers of China. In addition to heavy industries such as coal, energy, iron and steel, the province has also established a light industrial sector comprising building materials, wood processing, food and silk processing. Chengdu and Mianyang are the production centers for textiles and electronics products. Deyang, Panzhihua, and Yibin are the production centers for machinery, metallurgical industries, and wine, respectively. Sichuan's wine production accounted for 21.9% of the country’s total production in 2000.
 
Great strides have been made in developing 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.
 
The auto industry is an important and key sector of the machinery industry in Sichuan. Most of the auto manufacturing companies are located in Chengdu, Mianyang, Nanchong, and Luzhou.
 
Other important industries in Sichuan include aerospace and defense (military) industries. A number of China's rockets (Long March rockets) and satellites were launched from the Xichang Satellite Launch Center, located in the city of Xichang.
 
Sichuan's beautiful landscapes and rich historical relics have also made the province a major center for tourism.
 
The Three Gorges Dam, the largest dam ever constructed, is being built on the Yangtze River in nearby Hubei province to control flooding in the Sichuan Basin, neighboring Yunnan province, and downstream. The plan is hailed by some as China's efforts to shift towards alternative energy sources and to further develop its industrial and commercial bases, but others have criticised it for its potentially harmful effects, such as massive resettlement of residents in the reservoir areas, loss of archeological sites, and ecological damages.
 
Sichuan's nominal GDP for 2011 was 2.15 trillion yuan (US$340 billion), equivalent to 17,380 RMB (US$2,545) per capita. In 2008, the per capita net income of rural residents was 4,121 yuan (US$593), up 16.2% from 2007. The per capita disposable income of the urbanites averaged 12,633 yuan (US$1,819), up 13.8% from 2007.
 
Foreign trade
 
According to the Sichuan Department of Commerce, the province's total foreign trade was US$22.04 billion in 2008, a year on year increase of 53.3 percent. Exports were US$13.1 billion, a year on year increase of 52.3 percent, while imports were US$8.93 billion, a year on year increase of 54.7 percent. These achievements were accomplished because of significant changes in China's foreign trade policy, acceleration of the yuan's appreciation, increase of commercial incentives and increase in production costs. The 18 cities and counties witnessed a steady rate of increase. Chengdu, Suining, Nanchong, Dazhou, Ya'an, Abazhou, and Liangshan all saw an increase of more than 40 percent while Leshan, Neijiang, Luzhou, Meishan, Ziyang, and Yibin saw an increase of more than 20 percent. Foreign trade in Zigong, Panzhihua, Guang'an, Bazhong and Ganzi remained constant.
 
Minimum wage
 
The Sichuan government raised the minimum wage in the province by 12.5 percent at the end of December 2007. The monthly minimum wage went up from 400 to 450 yuan, with a minimum of 4.9 yuan per hour for part-time work, effective December 26, 2007. The government also reduced the four-tier minimum wage structure to three. The top tier mandates a minimum of 650 yuan per month, or 7.1 yuan per hour. National law allows each province to set minimum wages independently, but with a floor of 450 yuan per month.
 
Economic and technological development zones
 
Chengdu Economic & Technological Development Zone
 
Chengdu Economic and Technological Development Zone was approved as state-level development zone in February 2000. The zone now has a developed area of 10.25 square kilometers and has a planned area of 26 square kilometers. Chengdu Economic and Technological Development Zone (CETDZ) lies 13.6 kilometers east of Chengdu, the capital city of Sichuan Province and the hub of transportation and communication in southwest China. The zone has attracted investors and developers from more than 20 countries to carry out their projects there. Industries encouraged in the zone include mechanical, electronic, new building materials, medicine and food processing.
 
Chengdu Export Processing Zone
 
Chengdu Export Processing Zone was ratified by the State Council as one of the first 15 export processing zones in the country in April 2000. In 2002, the state ratified the establishment of the Sichuan Chengdu Export Processing West Zone with a planned area of 1.5 km2, located inside the west region of the Chengdu Hi-tech Zone.
 
Chengdu Hi-Tech Industrial Development Zone
 
Established in 1988, Chengdu Hi-tech Industrial Development Zone was approved as one of the first national hi-tech development zones in 1991. In 2000, it was open to APEC and has been recognized as a national advanced hi-tech development zone in successive assessment activities held by China's Ministry of Science and Technology. It ranks 5th among the 53 national hi-tech development zones in China in terms of comprehensive strength. Chengdu Hi-tech Development Zone covers an area of 82.5 km2, consisting of the South Park and the West Park. By relying on the city sub-center which is under construction, the South Park is focusing on creating a modernized industrial park of science and technology with scientific and technological innovation, incubation R&D, modern service industry and Headquarters economy playing leading roles. Priority has been given to the development of software industry. Located on both sides of the "Chengdu-Dujiangyan-Jiuzhaigou"golden tourism channel, the West Park aims at building a comprehensive industrial park targeting at industrial clustering with complete supportive functions. The West Park gives priority to three major industries i.e. electronic information, biomedicine and precision machinery.
 
Mianyang New & Hi-Tech Industrial Development Zone
 
Mianyang Hi-Tech Industrial Development Zone was established in 1992, with a planned area of 43 square kilometers. The zone is situated 96 kilometers away from Chengdu, and is 8 km away from Mianyang Airport. Since its establishment, the zone accumulated 177.4 billion yuan of industrial output, 46.2 billion yuan of gross domestic product, fiscal revenue 6.768 billion yuan. There are more than 136 high-tech enterprises in the zone and they accounted for more than 90% of the total industrial output. Zone is a leader in electronic information industry, biological medicine, new materials and production of motor vehicles and parts.