A strategic cooperation agreement on collaborative industrial investment promotion in the Chengdu-Chongqing region was concluded at a symposium held by the Sichuan Provincial Bureau of Economic Cooperation and Chongqing Investment Promotion Bureau on April 10.
Smart China Expo (File Photo)
The Agreement covers four aspects below:
First, the collaborative project introduction. Sichuan and Chongqing will consider their industrial foundation and development priorities, respectively. By relying on the huge Sichuan-Chongqing market and taking the opportunity of building the national digital economy-based pilot area for innovation and development, the two sides will make concerted efforts in complementary investment promotion in such industries as electronic information, automobile manufacturing, high-end equipment, and massive health. Moreover, they will conduct investment promotion for supplementing and strengthening the industrial chain in service businesses, including modern finance, software and information service,, and modern logistics, as well as importing some quality projects so as to promote regional industrial competitiveness.
Second, co-building industrial parks. The two sides will explore to jointly advance investment promotion in such fields as industrial layout optimization, industrial transfer and industrial upgrading in the context of the construction of Sichuan-Chongqing Cooperation Industrial Park, in the hope of promoting the joint construction of demonstration parks for undertaking industrial transfer cooperation in neighboring cities (counties) of both sides.
Third, jointly holding theme forums. By maximizing such large-scale international open events as Western China International Fair, Smart China Expo, Investment & Trade Forum for Cooperation between East & West China, and China Beijing International High-tech Expo, the two sides will support each other to hold supporting events for investment promotion with various themes and plan and hold brand cooperation activities for both places. Furthermore, they will jointly hold thematic cooperation forums and investment promotion activities for Fortune Global 500 companies, China’s major state-owned enterprise, industrial leading enterprises and foreign enterprises in Sichuan and Chongqing, to attract advantageous projects.
Fourth, co-creating new IPs for investment promotion. The two sides will work together creatively in designing an image for cooperation, with the theme of “Bashu family” and by strengthening the concept of “taking Sichuan and Chongqing as a whole.” They will focus on designing a unified Sichuan-Chongqing logo and jointly conduct investment promotion activities, thus expanding the influence of the Chengdu-Chongqing economic circle at home and abroad.