Thursday, September 23, 2010
These are good times indeed for Chongqing, home to 32 million people and growing so quickly its maps are already out of date by the time they are printed. ... In Chongqing's northern New District today, it is possible to drive for more than half an hour past high-rises of 30 to 50 stories, block upon block, where five years ago there were only fields. In 1998, Chongqing had a GDP of just $21 billion; by 2009 it had quadrupled to $86 billion. Last year, Chongqing's GDP grew at an eye-popping 14.9 percent, nearly twice the impressive growth rate of China as a whole. How did this happen?
(photo used under creative commons license)