The business environment in China continues to improve, and the actually utilized foreign capital in Chongqing was $10 billion in 2020.
During this year's Spring Festival travel rush, which will last from Jan 28 to March 8, Chongqing North Railway Station is expected to receive 200,000 passengers.
Among the five indicators for starting a business in Chongqing, applying for construction permits, registering properties, executing contracts, and handling bankruptcy have all exceeded the world average, according to results released by the World Bank's consultation and evaluation.
In 2020, Chongqing achieved a total import and export value of 651.34 billion yuan ($100.73 billion), a year-on-year increase of 12.5 percent.
Located where the Yangtze and Jialing rivers converge, the site used for the new area was occupied 10 years ago by numerous hillside homes and large areas of farmland. Now, gleaming skyscrapers shed light on the rivers day and night.
Chongqing recently launched a series of policies to support companies recovering from the novel coronavirus pandemic's impact and maintain stability in foreign trade and foreign investment.
China has started offering free shots of COVID-19 vaccines among some key groups of individuals.