Serious business

China’s impressive new business hub: Jiangbeizui, Chongqing

After more than 10 years of development, China's most anticipated new business hub is tipped for big things. JUSTIN HEIFETZ reports

The Jiangbeizui business district is an emerging financial hub for southwestern China, in Chongqing’s Liangjiang New Area. It’s nearing completion after over a decade’s construction and is envisioned to become a top-level international financial centre – the only one in inland China to rival business hubs in Beijing and Shanghai.

At the heart of the 200-hectare district is the Chongqing International Finance Square development, which consists of five office towers, a luxury hotel and a large shopping mall. Meanwhile, a skyscraper known as World Flower, because its top portion resembles a budding lotus, will become by far the tallest building in southwestern China if construction goes as planned.

Jiangbeizui will also be a place for recreation and residents. The government has planned a leisure area with buildings mimicking historical architecture styles, called Folk Customs Street. Also found in the district are three sprawling green parks, schools and luxury residential blocks. And for visitors, Mandarin Oriental has a hotel in the works.

The wider Liangjiang New Area was created to take strategic advantage of its position as a gateway to China’s western region and enhance its role in China’s One Belt One Road plan, an infrastructure initiative to strengthen transport routes within Asia and beyond.

Underground Parking

Much of the parking in Jiangbeizui will be underground, with some 15,000 spaces linked between the office buildings, serving both commuters and residents – the urban planners’ solution to road congestion.

Jiangbeizui, Chongqing, China

Chongqing International Finance Square

Numerous financial institutions have already taken up residence here, with many more expected to join. It’s also home to the new Niccolo Chongqing hotel, which occupies the top 11 floors of Tower 1.

Jiangbeizui, Chongqing, China

Oriental International Plaza

This mall is Jiangbeizui’s entertainment focal point, satisfying high-end shopping and dining needs while offering movies at its cinema complex.

Jiangbeizui, Chongqing, China

Chongqing Science and Technology Museum

Opened in 2009 next to Jiangbeizui Central Park, this public venue with a striking, futuristic exterior is used for various exhibitions and events. It’s also a place to catch a film, thanks to the IMAX theatre inside.

Cathay Dragon flies to Chongqing from Hong Kong seven times a week.

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