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Western Science City Holds Chongqing International Venture Capital Conference


Chongqing- The opening ceremony of the Chongqing International Venture Conference held on the morning of October 23, 2020, has gathered the world’s top investment institutions to offer targeted development suggestions for the industry. Nearly 100 leaders in venture capital have been attracted to the event, along with 50 investment and finance institutions, 500 companies, and a global audience of nearly 10 million professionals worldwide. There were 15 projects signed during the ceremony, with a total contract value of 67.5 billion Yuan.


Jim Breyer, the founder of Breyer Capital, addressed the audience in Chongqing via recorded video message and laid out his expectations for future cooperation.

New ideas and direction at the capital level

By interpreting global venture capital trends and judging investment opportunities, the event provides new ideas and direction for Chongqing at the capital level.

Over the past two decades, Chinese investment institutions have used capital to promote technological innovation and development, economic restructuring, and industrial transformation and upgrades, which have made an outstanding contribution to China’s economic development.

The industry as a whole has seen explosive growth in China, whether it be the number of employees, organizations, the number of investment funds, and the scale of capital involved.

The opening ceremony and the 2020 Chongqing International Venture Capital Conference’s main forum was hosted by Li Bo, Deputy Mayor of Chongqing Municipal Government.

There were speeches delivered live by high profile figures, including Tang Liangzhi, Deputy Secretary, and Mayor of Chongqing Municipal Committee, Wang Jianping of the China Securities Regulatory Commission, Yang Zhihua of the Shenzhen Stock Exchange, and Que Bo of the Shanghai Stock Exchange.

Consul General Pan Liwen of the Israeli Consulate General in Chengdu delivered speeches live at the venue. At the same time, Jim Breyer, the founder of Breyer Capital, addressed the audience through a recorded video speech.

A highland of hi-tech innovation and venture capital

Zhong Rongsa, Vice President of the China Securities Investment Fund Industry Association, stated that as the worldwide pandemic spreads and the world economy sees a downturn, Chongqing has launched an inspiring plan to build a highland of hi-tech innovation and venture capital.


The SUNAC International Conference Centre venue was a full house for the high profile event.

The Fund Industry Association will fully support this innovation highland’s construction and look forward to Chongqing offering leadership for new directions and investment practices.

Mr. Jim Breyer, the founder of Breyer Capital, said in his speech that artificial intelligence is only the beginning, and there will be even greater waves of opportunity in the future. Breyer Capital has cooperated with IDG to invest in more than 100 early-stage technology companies in China and sees many outstanding entrepreneurs and opportunities in Chongqing. In the future, they will continue to look for new opportunities in high-end manufacturing, artificial intelligence, and 5G.

IDG Capital founding chairman Hugo Shong hosted the summit dialogue themed on innovation and entrepreneurship, with prominent figures in venture capital and academia. They held in-depth discussion and exchange on current financial trends and how best to support the venture capital industry’s development. 2020 is a special year for the international, social, and economic environment. It also marks a year for deep reforms in the capital market and the implementation of critical measures. The year will see the establishment of a complete multi-level capital market system, with a greater number of exit channels for the domestic private equity investment market. 


The sun shone brightly in Chongqing for the official launch of CIVC 2020.

Chengdu-Chongqing New Economic Forum

The Venture Capital Forum explored innovative development ideas and investment strategies for enterprises in the hard technology, the health industry, and shares how capital can contribute to technological innovation and investment thinking in the post-epidemic period.

The Equity Investment/Mergers and Acquisitions Forum highlighted the high-tech service industry and high-end equipment manufacturing, where participants discussed how to empower the development of related enterprises.

The Chengdu-Chongqing New Economic Forum offered concrete suggestions for the Twin-City Economic Circle at the level of finance and technological innovation. The aims are to increase the concentration of financial institutions in Chongqing, improve the level of opening up, and enhance financial services’ effectiveness to the real economy.

They also discussed how to attract innovative companies to Chongqing through venture capital, as well as creative and talented individuals to pursue their dreams in the city.


Venture capitalist and author Austin Liu met with iChongqing to discuss the future development of industry in Chongqing.

The Deputy Mayor of Chongqing Municipal Government, Xiong Xue, introduced relevant policies on financial support to construct Western Chongqing Science City.

The relevant policies cover four aspects, namely the plans for constructing the Chongqing Science City, equity investment in entrepreneurship, promotion of the Chongqing high-tech zone through policies in science and technology, and encouragement for Chongqing high-tech zone enterprises to go public.

The hope is to attract more domestic and foreign venture capitalists, experts, scholars, and business representatives to take root in the Science City thanks to favorable policies. Together, they can play an indispensable role in achieving the Two-City Plan to build a prosperous economic circle.

At the same time, an exhibition area was set up for investment institutions, local, high-quality enterprises, science and technology parks, and the Western (Chongqing) Science City, as part of a multi-faceted promotion and exchange platform.


Alvin Syh, CEO of Anrich Capital, also met with iChongqing to discuss the healthcare industry in a post-pandemic world.

This platform is hoped to form a bridge for enterprises and investment institutions so that more capital funds will focus attention on Chongqing, while enterprises and innovative talents in science and technology are attracted to realize their dreams in the West (Chongqing) Science City.

local innovative enterprises Roadshow will be held

On October 24th, the Chongqing Innovation and Entrepreneurship Roadshow themed ‘Enjoy Chongqing through Scientific Innovation’ will officially open. The roadshow has brought together ten local innovative enterprises and projects in Chongqing, covering various fields such as biomedicine, semiconductors, and energy technology.

Ni Zhengdong, founder and chairman of Zero2IPO Group, Li Wenbiao, managing director of Walden International, and Zhang Suyang, founding partner of Volcanic Rock Capital, will serve as venture capital mentors by offering comments and advice to companies and projects during the roadshow.

The conference is hosted by the Western (Chongqing) Science City. Co-organizers of the event are the Chongqing Local Financial Supervision and Administration Bureau, the Chongqing Science and Technology Bureau, the People’s Government of Chongqing Shapingba District, and Chongqing Yufu Holding Group. The 2020 Chongqing International Venture Capital Conference is based on a global perspective, upholding the three major features of internationalization, specialization, and industrialization.  


A Tour in Chongqing, A Gain in Vision

A Land of Natural Beauty, A City with Cultural Appeal

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