iChongqing Title

69 Projects Settle in Yongchuan with an Investment of Around 15 Billion RMB

Jun 14,2019 ByLI XINYIICHONGQING

By Xinyi Li, EDITOR

On the morning of June 12, Yongchuan District held the 2nd signing ceremony of the investment attraction project this year. A total of 69 projects were signed, covering nine fields like intelligent equipment, automobile and parts, energy and materials, and big data, with an investment of about 15 billion RMB. The output value, as estimated, will reach 27.66 billion RMB after reaching target output.

Projects

Yongchuan District held the 2nd signing ceremony of the investment attraction project this year, with a total of 69 projects signed

An additional investment of RMB 150 million

Baoding Chengju Mold Pressing Co., Ltd.  (Baoding Chengju for short) is one of the signed enterprises.

In 2017, Great Wall Motors decided to go out of Baoding City and develop southward. It finally chose Yongchuan of Chongqing as the new automobile base among many candidates. Baoding Chengju, its core supporting manufacturer, also registered there to conduct trial production.

Projects-signing

It finally chose Yongchuan of Chongqing as the new automobile base among many candidates

With the new plant of Baoding Chengju covering an area of about 26,666 square meters, its annual output value will be about 300 million RMB, and the annual tax payment will be no less than 6 million RMB after the project is completed and reaches design capacity.

Baoding Chengju is not the only one supporting manufacturer of Great Wall Motors. According to the latest public report, Great Wall Motors will be able to produce 250,000 automobiles by the end of this year, with an annual output value of around 25 billion RMB, which will also drive the supporting output value of about 25 billion RMB.

According to the Phoenix Lake Industrial Park in Yongchuan National Hi-tech Industrial Development Zone, during the base construction of Great Wall Motors, lots of related supporting manufacturers had consulted with Yongchuan, 16 of which had settled there.

Continuously released policy dividends

Baoding Chengju is a new representative of enterprises settled in Yongchuan.

At the 2nd signing ceremony of the investment attraction project held by Yongchuan this year on the morning of June 12, 69 projects were signed with an investment of 14.79 billion RMB, 38 of which were relevant to the industrial region with an investment of over 7.5 billion RMB.

Covering nine fields such as intelligent equipment, big data, and automobile and parts, the annual output value of these projects is expected to reach 27.66 billion RMB after reaching target output.

Compared with the first project signing activity this year, the number of projects, total investment, and output value have all doubled.

With over 25 industrial projects of Big Data Intelligence signed this time, this industry has seen a total of 308 projects. Among them, ZBJ.com has joined hands with colleges and universities in Yongchuan to build a big data academy, with a planned investment of 50 million RMB.

Besides, relying on the advantages of railway channels and the inland port of the Yangtze River, Yongchuan keeps making efforts to build a hub for imported timber in Southwest China. There are over 15 intensive wood processing projects with an investment of over 2.2 billion RMB. The biggest one covers an area of more than 66,666 square meters with an investment of 0.38 billion RMB, and its output value will reach 5 billion RMB after completion.

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Source: Chongqing Morning News

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