Preheat oven to 350 degrees F.
Grease and flour two 9x5 bread loaf pans.
Thoroughly mix flour, cinnamon, baking powder, baking soda, salt, ginger, and nutmeg in a large bowl.
Stir in the pecans and chocolate chips.
In a separate bowl, whisk oil, applesauce, eggs, vanilla, canned pumpkin, and both sugars.
Add the dry ingredients to the pumpkin mixture. Mix gently until combined.
Pour into loaf pans and bake for one hour, or until a toothpick inserted into the center comes out clean.
Allow the bread to cool completely in the pan before removing and slicing.