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CIVC: Big Names to Gather in Chongqing to Discuss Development Trend of Venture Capital

By XINYI LI|Oct 20,2020

Chongqing- The 2020 Chongqing International Venture Conference (CIVC for short) will be held in the Western (Chongqing) Science City from October 22 to 24 this year. The CIVC will attract venture capital worldwide, accelerate the construction of an international financial center in inland China, and establish a technological innovation center with extensive influence.

The design sketch of unicorn startup companies' R&D in Western (Chongqing) Science City

With the theme of Intelligence, Innovation, Entrepreneurship: Explore Western (Chongqing) Science City, the 2020 CIVC will integrate domestic and foreign innovation resources, boosting the integrative development of the digital economy and the real economy.

The design sketch of transportation in Western (Chongqing) Science City

Under the circumstance of the new situation and great changes, what are global technological innovation and economic development trends? Meanwhile, what is the trend of some popular industries? What are the new opportunities for entrepreneurship and investment development under favorable policies?

The design sketch of Science Avenue in Western (Chongqing) Science City

Founders and managing partners from world-renowned venture capital institutions, such as Hugo Shong, the founding chairman of IDG Capital, will gather in Chongqing, giving presentations and discussing venture capital, equity investment, mergers and acquisitions investment, technology finance, and other fields in the 2020 CIVC. This will be the feast on technology and finance, working out a blueprint for developing the Western (Chongqing) Science City.

Hugo Shong, the founding chairman of IDG Capital

However, what is the reason these big venture capitalists focus their attention on the Western (Chongqing) Science City?

The design sketch of Science Valley in Western (Chongqing) Science City

The Western (Chongqing) Science City is striving to build a China’s influential science and technology innovation center and a comprehensive science center to lead the regional innovation and development. It is expected to be a high-quality development engine that promotes the construction of the Chengdu-Chongqing Economic Circle, becoming the pioneer area of reforming and opening-up, which links the global innovation network high-quality livable area, where allows human and nature coexist harmoniously.

The design sketch of the hospital in Western (Chongqing) Science City

At the same time, the Western (Chongqing) Science City is the beginning of China Railway Express (Chongqing) and the International Land-Sea Trade Corridor. Also, it is the junction of several lines of Chongqing Rail Transportation, which link Chongqing West Railway Station, Chongqing Jiangbei International Airport, thus, covering 16 provinces and cities in China and becoming an international maritime and shipping hub.

The design sketch of schools in Western (Chongqing) Science City

Focusing on four leading industries, including information technology, advanced manufacture, massive health, and high-tech services, the place will create an industry cluster with international identity and effect.

The design sketch of the ecological water system in Western (Chongqing) Science City

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