Chongqing industrial output tops 3t yuan in 2021-25

Chongqing's industrial production topped 3 trillion yuan ($420 billion) during the 14th Five-Year Plan period (2021-25), with strategic emerging industries ranking among the highest nationwide in terms of above-scale output share. 

According to Wang Zhijie, director of the Chongqing Municipal Commission of Economy and Information Technology, the city's industrial added value rose from 699.1 billion yuan in 2020 to 891.2 billion yuan in 2024, while manufacturing contributed 25.1 percent to GDP. 

Industrial revenue from above-scale enterprises reached 2.8 trillion yuan, with the share of strategic emerging industries in above-scale industrial output increasing from 32 percent to 39.9 percent. These industries cover all 31 major manufacturing categories, showcasing the city's increasingly diverse industrial base. 

China's NEV industry more than tripled, with Chongqing fast-tracking its push to become an intelligent connected NEV hub. The city has built a full industrial chain, led by Changan and Seres, that spans three core systems, 12 assemblies, and 56 component categories.

 

Seres Super Factory in Liangjiang New Area. [Photo by Wang Jiaxi]

NEV output jumped from 43,000 units to 953,000, while overall auto production rose from 1.58 million to 2.54 million units, ranking third nationwide. 

AITO and Avatr, models manufactured in Liangjiang New Area, are gaining strong market recognition. The AITO M8 and M9 lead sales in the 400,000 yuan and 500,000 yuan luxury segments, respectively, and Avatr has sold over 10,000 units monthly for six consecutive months.

Chongqing is also ramping up future industries as new drivers of growth and industrial transformation. Under its Future Industries Action Plan, the city is advancing six high-growth sectors: space information, bio-manufacturing, advanced materials, hydrogen, nuclear energy and new storage, artificial intelligence, and the low-altitude economy, alongside three high-potential fields: brain-computer interface, photonics and quantum, and immersive technologies. 

The city has nurtured 21 national-level innovation-driven small- and medium-sized enterprises. For example, Theseus in Liangjiang New Area has developed AI-powered vision equipment with a defect detection accuracy rate of above 99.99 percent, setting a benchmark in western China as the first of its kind.

Chongqing has also launched two municipal-level future industry pilot zones as important incubators. Liangjiang New Area, which focuses on aerospace, has attracted over 240 enterprises and established a comprehensive supply chain, spanning satellite manufacturing to rocket launches and applications.

 

Liangjiang Digital Industrial Park is a key hub for software and information services in Chongqing. [Photo by Wang Yantong]

Chongqing's software and information services sector grew by 57 percent, from 267.3 billion yuan to 420.1 billion yuan, ranking eighth in scale nationwide. Liangjiang, the industry's main hub, has implemented targeted policies to foster AI and software development. In 2024, the area hosted 5,800 software and information services enterprises, including 19 of Chongqing's top 50 software companies, and generated 126 billion yuan in software revenue, up 17 percent year-on-year.