The signing of the “Cooperation Agreement on Deepening the Integration of Regional Markets and Business Development in the Chengdu Chongqing Economic Circle” will promote the construction of regional market integration around six key areas

On January 10th, under the guidance of the Ministry of Commerce, the commerce authorities of Chongqing and Sichuan signed the “Cooperation Agreement on Deepening the Integration of Regional Markets in the Chengdu Chongqing Economic Circle” in Beijing. The commerce authorities in Chongqing and Sichuan will innovate and promote the construction of regional market integration around six key areas. One is to jointly promote the linkage of market rules and systems. Jointly promote the mutual recognition and handling of business matters in the business field through the “Market Access Across Regions with Same Standards” and “Sichuan Chongqing Connectivity Office”. The second is to jointly optimize the urban-rural commercial and trade circulation system. Optimize the layout of commercial circulation infrastructure, promote the construction of national backbone cold chain logistics bases, and accelerate the coordinated development of e-commerce in Sichuan and Chongqing. The third is to jointly build a commodity market guarantee system. Improve the joint guarantee and supply cooperation mechanism for essential daily necessities in Sichuan and Chongqing, promote market monitoring information sharing, and deepen the integration of agricultural product production and sales. The fourth is to jointly promote the quality and upgrading of the consumer market. Strengthen the sharing of consumer resources, jointly organize promotional activities, cultivate high-end commodity consumption chains and commercial clusters. The fifth is to jointly enhance the efficiency of logistics channel utilization. Shared logistics distribution and end of pipe express delivery network to facilitate two-way circulation channels between urban and rural areas. Sixth, jointly promote the integrated development of domestic and foreign trade. Strengthen the integration of domestic and foreign trade rules and regulations, steadily expand institutional openness, and promote the overseas expansion of Sichuan Chongqing brands.

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