On October 13th, China's first quantitative evaluation index of the first-release economy performance, the "First Release Economy Index", was released in Chengdu. Seven core urban areas including Dongcheng district in Beijing, Jing'an district in Shanghai, Gulou district in Nanjing, Tianhe district in Guangzhou, Yanta district in Xi'an, Yuzhong district in Chongqing, and Jinjiang district in Chengdu were selected as evaluation samples cities. Among them, Chengdu's Jinjiang district, with the Chunxi Road-Taikoo Li business area as its core, performed brilliantly in the transformation efficiency of first-release resources and became a role model of a "consumption-driven" urban area.
At the Ceremony
As the central urban area of Chengdu, Jinjiang District leverages its comparative advantages in business district foot traffic and abundant innovation resources to fully establish the "Chunxi Road + Sci-Tech Egret Bay Wetland Park" brand. It is actively exploring practical pathways for developing new quality productive forces tailored to the conditions of a megacity's central district.
Jinjiang District excels particularly in transforming "First-release resources" into "Consumption vitality." In 2024, the district hosted 282 first-release events of different brands. During these events, the surrounding consumption influence reached 265,000 people per day, with a passenger flow increase of 14.57%, both ranking among the top nationally. The Chunxi Road Business District and Jindong Business District own ample commercial space. Whenever an international brand opens its first store or a trendy brand’s first exhibition takes place, it consistently attracts residents and tourists for "One-stop visits," forming a closed loop of "First-release events → Passenger flow aggregation → Consumption growth." This has made the area a "Consumption landmark" for the first-release economy in southwestern China.
At the Ceremony
On the same day, the "National First-Release Economy Innovation Ecosystem Co-Construction Initiative" was launched, with over 10 pioneering districts across the country joining this collaborative effort. The initiative aims to break down regional barriers, share development experiences, and jointly build a nationwide first-release ecosystem, propelling the first-release economy from "Individual breakthroughs" to a new stage of "Comprehensive synergy."
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