Introduction to Wuhou
"Making plans brings no success; making friends gives hope for the past and the present". Wuhou District, established in 1990, is located in the city of Chengdu and to the south of Jinjiang District. Nurtured by the cultural heritage of China's "Three Kingdoms" and named after the internationally famous Wuhou Shrine, it is one of five urban centers of Chengdu. The district has been recognized by the State Council as a high-tech cultural district. Wuhou covers an area of 75.36 km2 that is home to 1.26 million and has jurisdiction over 13 district offices and 83 communities or villages.
As per the Municipal Party Committee’s target to position Chengdu as a western China growth core with relative global advantage, national speed advantage and a high-end advantage in western China, Wuhou District implements in earnest the “five city-boosting strategies” and adheres to the “persistence in one direction, striving for two responsibilities, accelerating three improvements, realizing four growths” concept in order to truly pursue the establishment of a “business vantage point and hospitable Wuhou”.
In recent years, Wuhou District's total revenue and local tax revenue have consistently been at the top among Chengdu's five urban centers. The overall strength of the development of the private economy has ranked first in Sichuan Province for ten consecutive years.
Based on the strategy of building a "business vantage point, livable Wuhou", the principles of high-end industry and industry improvement have been implemented to further promote industrial restructuring. Focus has been on developing a headquarters economy in three major business sectors: modern business commerce, research and development services, and emerging real estate. Creation and development of cultural and ecological features for urban leisure tourism has also been an emphasis, as has the establishment of a "three main industries, one special characteristic" modern industrial system, as apparent in the industrial structure improvement, industrial development agglomeration and industry competitiveness industrialization. The goal for 2016 is that Wuhou District will have established a headquarters economy in which three major industries and specialized industries will account for more than 80% of the district's GDP, that the development of a modern industry system will have progressed further, and that the core competitiveness of the district will be significantly enhanced by the major industries. The Wuhou District government affairs service is first class. An in-depth reform of the administrative approval system has been carried out, with a new "seamless multi-strand" service model of "joint application, joint administration" having been set in place. Wuhou District government has established China's first 3D virtual administrative services hall. It topped western China in the national government public portal website performance evaluation, and has ranked first out of Chengdu's urban districts for soft environment and service-orientation for five consecutive years. With regard to its industrial policy system, powerful and increasing support is given to the various development needs of different investors, actively supporting enterprises in the areas of technological innovation, brand building and the introduction of high-level personnel.
Wuhou District practices a full and open cooperation strategy, as evident in the success of events such as the "Chengdu International Computer Festival", "China Shoes Fair," and "Wuhou International Education Exchange Month". Building on the platform established by hosting the 2013 Fortune Global Forum, the World Chinese Entrepreneurs Convention and the Western Trade Fair, Wuhou is becoming increasingly more open and its regional influence is being further enhanced. The district has an actual capital of RMB 22.5 billion, actual utilization of foreign capital of USD 1.114 billion, and is about to add four new Fortune 500 companies including the U.S. Dow Chemical Company and South Korea's Samsung Life Insurance Company. At present, 54 Fortune 500 companies, including Taiwan's Compal Electronics, Roche Pharmaceuticals, Japan's 7-Eleven Holdings and France's Groupama Bank and Insurance Company are located in Wuhou District. Consulates of the United States, Germany and Thailand are located in Wuhou’s Renmin South Road Science (and Technology) and Business District (SBD).