Chengdu Office 1H/2019

In 2018, the Chengdu government promulgated a series of in-depth action plans to implement the building of a national central city, based on the 2017 Chengdu National Center Urban Industrial Development Conference. The newly-launched industrial policies are aimed at developing the financial services, professional services, hi-tech and advanced manufacturing industries in Chengdu, leading to growing demand in the office market.

The Chengdu Bureau of Statistics reported that the city maintained steady economic growth in 2018. Overall GDP reached RMB1,534 billion, an increase of 8.0% year-on-year (YoY), which was 1.4 percentage points (ppts) higher than the national rate. Primary industries contributed RMB52.3 billion, an 8.0% increase YoY. Secondary industries added RMB651.6 billion, rising 7.0% YoY. Tertiary industries added RMB830.4 billion, up 9.0% YoY. The proportion of the primary, secondary and tertiary industries’ contribution to GDP is: 3.4, 42.5 and 54.1, respectively.