Liangjiang has signed investment agreements worth 3.3 billion yuan ($532 million) during the China International Cloud Computing Expo held from April 10-12, accounting for more than 33 percent of the total investment deals that Chongqing municipality inked during the exposition.
According to the organizer of the China International Cloud Computing Expo, it is the first time that a series of investment agreements signed during the exposition. Altogether 27 agreements were signed with expected total investments valued at 9.6 billion yuan, according to the information recently released by the China International Cloud Computing Expo.
During the signing ceremony of the investment agreements, Liangjiang new area also signed a contract with Guangxi Huiqiu Science Company.
"We will cooperate with Chongqing in different areas, including the operation of a financial big data industry base," said He Yonghao, director of the business department at Shanghai Feixun Communication Co.
Edited by Mevlut Katik
John Edwards, the UK trade commissioner for China, praised Chongqing over its rise as a burgeoning center in intelligent manufacturing.