Chongqing - On June 10, Chongqing Liangjiang New Area Investment Environment Cloud Promotion Europe Session was held to promote the foreign investment in Chongqing. More than 50 companies and institutions from Germany, France, Spain, Italy, and other countries gathered online to discuss cooperation and seek business opportunities.
Chongqing Liangjiang New Area Investment Environment Cloud Promotion Europe Session
Wang Zhijie, deputy secretary of the Liangjiang New District Party, and Qin Shubin, member of the Liangjiang New District Party Working Committee, attended this event. Mr. Wang stated that Chongqing Liangjiang New Area is the third national-level development and opening new district. After nearly ten years of development, Liangjiang New Area has formed an advantageous industrial cluster focused on two hundred billion-level industries of the automobile and electronic industries. Strategic emerging industrial clusters focusing on equipment, aerospace, etc., accelerate the development of modern service that focuses on online formats, online services, and online management. Liangjiang also focuses on cultivating future-oriented industrial clusters such as 5G, and further promote the industry to move towards the mid-to-high end of the industrial chain.
The promotion event on-site
The online signing ceremony
At the event, representatives of foreign-funded enterprises and institutions in Liangjiang, such as UFI Filter Group, Decathlon, China-Italy Chamber of Commerce, and Italian law firm D&R entered and shared their insights of settlement.
Wang Zhijie, deputy secretary of the Liangjiang New District Party
"What is the investment situation of foreign-funded enterprises in Liangjiang New Area?" "What special development opportunities does foreign-funded enterprises invest in Liangjiang?" "How to ensure that foreign companies receive fair legal treatment?" "What advantages does Liangjiang New Area have in terms of talent protection"...
The participating companies also asked questions about the investment and development advantages and industrial policies of Liangjiang. Heads of various departments in the new area gave detailed answers.
the key industries in Liangjiang
During the webinar, many European companies unanimously stated that Liangjiang New Area has prominent location advantages, a strong industrial foundation, and huge development potential. They hope to have the opportunity further to deepen strategic cooperation with Chongqing and Liangjiang New Area, and also expand Southwest and even China's market.
The data shows that in 2019, the actual utilization of foreign capital in the Liangjiang New Area reached US$3.23 billion, an increase of 12% compared with 2018, accounting for about 1/3 of the city, and the number of Fortune 500 companies in the Liangjiang New Area has reached 158, accounting for about 1/2 in Chongqing.