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Chongqing's 1st global investment promotion conference livestreamed

Updated: 2021-07-08

english.liangjiang.gov.cn

Chongqing in Southwest China held its first global investment promotion conference via livestream on July 5 in an effort to attract potential business partners from around the globe.

During the event, officials from the Chongqing Investment Promotion Bureau, Chongqing Liangjiang New Area, Chongqing High-tech Industrial Development Zone, and Chongqing Economic and Technological Development Zone delivered keynote speeches to familiarize international audiences with Chongqing from a variety of perspectives.

Zhou Qing, director of the Chongqing Investment Promotion Bureau, briefly answered four questions that were of greatest concern to potential investors – what kind of city Chongqing is, what strengths Chongqing possesses, what fields Chongqing plans to develop, and what Chongqing can offer investors.

Zhou attached importance to Chongqing's strategic role in China's economy, with its total number of market entities exceeding 3 million. Chongqing's GDP has topped 2.5 trillion yuan ($375 billion), and 296 Fortune 500 companies currently have their layouts in Chongqing. As China's major modern manufacturing base, Chongqing is home to all 31 manufacturing types. It is also the world's largest laptop computer manufacturing base, with one third of the global market share.

Zhou then revealed the city's future industrial focus on electronics, automobiles, materials, consumer goods, high-end equipment, drugs, and medical care.

Li Shun, vice-director of the Chongqing Liangjiang New Area Administrative Committee, highlighted the six cooperation models advocated in the new area, including "property + policy", "capital + market", "resource + program" and "platform + industrial park".

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