Chongqing- A total of 37 projects, with a value of 18.56 billion yuan (about 2.86 billion U.S. dollars), were signed during the cloud signing for major investment projects in Chongqing Liangjiang New Area on January  18.

Liangjiang New Area will accelerate its development, aiming to create a high-quality development leading area and a life demonstration zone in the city. These projects cover areas of smart manufacturing, electronic information, health, headquarters economy, supply chain logistics, etc. It plays a leading role in the application of smart scenario and the improvement of intelligent manufacturing.

Some corporate representatives also made communications via video. “Our technical parameters are leading in the globe," said Zhang Chi, the general manager of Jiangsu Horizon Fuel Cell Technologies. "There are a large number of hydrogen fuel cell applications in Liangjiang New Area. We endeavor to promote and apply it.” 

Furthermore, Ailingxun Intelligent Technologies plans to invest 100 million yuan (about 15.4 million U.S. dollars) for an artificial intelligence inspection project in Liangjiang New Area. The company aims to build an intelligent inspection equipment production base, with an integration of R&D and production. Specifically, the base is used for R&D and the production of inspection equipment to detect the appearance defects and size differences of various functional devices, thereby reducing the manual misjudgments and saving labor costs.

In order to open up the inland gateway, Liangjiang New Area plans to build an inland international logistics hub with Guoyuan Port as a key figure, where it aims to improve the opening-up system further and develop the high-quality opening economy. Particularly, the Guoyuan Port bulk stock trading market has attracted five projects involving steel production, distribution, storage, and transportation, trade, and other business areas.

In addition, relevant companies will make full use of the advantages of the core area of the China-Singapore (Chongqing) Demonstration Initiative on Strategic Connectivity at Liangjiang New Area, to purchase meat from all over the world to Singapore, and then to supply meat to the western China market including Chongqing through the New International Land-Sea Trade Corridor.

With an investment of about 200 million yuan (about 30.9 million U.S. dollars), the operation center of SMI Logistics Supply Chain in southwestern China plans to locate in Chongqing to efficiently integrate order management, order processing, warehousing management, freight, and cargo forwarding service, with a target of forming a modern supply chain logistics centered on transportation, warehousing, and agency services. The Center will serve the whole SW China market.

(Fu Xiaoduo, as an intern, also contributed to this report.)