GIFs of Chinese City Growth - Business Insider
From 1998 to 2008, Chongqing's economy increased from approximately $23 billion to about $83 billion, according to East Asia Institute. Between
2007 and 2012, Chongqing became the fastest growing city in China with
growth averaging over 15% every year, according to Meg Rithmire at the Harvard Business School.
Most credit the Chongqing Model,
a radical deviation from China's usual social and fiscal policies, for
the city's successes. Implemented by controversial politician Bo
Xilai, the policy improved public security, rebuilt infrastructure,
pulled in foreign direct investment, and innovated urbanization.
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