[citation needed] Liangjiang New Area, located in the main urban districts of Chongqing, north of the Yangtze River and east of the Jialing River, covers 1,200 square kilometers, of which 550 square kilometers is available for construction and composed of Jiangbei, Yubei and Beibei administrative district, the North New Zone and China's first inland bonded zone, Lianglu Cuntan Bonded Port Area.

According to the approval of the State Council,[citation needed] Chongqing Liangjiang New Area will play roles of a pilot area for the comprehensive urban-rural reform; an important modern manufacturing base and comprehensive transport hub of China; a trade, commercial and logistics centre as well as a financial and technological innovation centre of the upper reaches of the Yangtze; an important gateway of the inland region opening to the outside world and a model for the scientific development.

The State Council provides Liangjiang New Area with unprecedented preferential policies to increase support for further industry, capital and human talents development.

The area unveils a series of preferential policies, such as enterprises income tax is reduced to 15%, arousing great attention in the world.

[citation needed] Liangjiang New Area gained a gross domestic product of around 80 billion yuan, 13 and 4 times of Pudong and Binhai at their beginning.