Chongqing- Chongqing has attracted investment from many high-tech industries and leading enterprises by holding the Smart China Expo (SCE) four times.
During SCE 2018-2021, 253 signed projects were included as key projects for follow-up, with an official contract value of 798.6 billion yuan (about 117.1 billion U.S. dollars).
By the end of June 2022, 158 projects had been launched, accounting for 63% of the total. Among them, the number of projects valued at 131.06 billion yuan put into production and construction accounts for 28% and 35%, respectively.
In recent years, Chongqing has worked toward building a “high-tech, frontier, leading, and strong” industrial layout, fully developing big data and smart technology industries, and upgrading traditional pillar industries. Chongqing has introduced many high-quality enterprises that enjoy key technological barriers by focusing on sci-tech innovation.
During the SCE 2020, Chongqing Gaohong Technology Development Co., Ltd., a Beijing Datang Gaohong Data Network Technology Co., Ltd. subsidiary, was established in Western China (Chongqing) Science City. Its primary businesses have proliferated thanks to its continuously improved business environment.
“As a result of the partnership with ASUS, our company has promoted enterprise information technology, smart manufacturing, data security, and network information security, as well as other businesses, through various marketing channels such as financial procurement and government procurement,” said Wang Minxiong, head of Chongqing Gaohong Technology Development Co., Ltd.
The impact of industrial clusters on smart manufacturing must be taken into account. By promoting investment in cutting-edge technology, Chongqing has extended the industrial chain and strengthened industry support by implementing special investment incentives in recent years.
A liquid crystal material project was launched in the Economic Park of Ba’nan District on December 10, 2020, by Chongqing Hanlang Precision Technology Co., Ltd. It focuses on liquid and mixed crystal materials with featured high-performance and liquid crystal photoelectric devices for the emerging industry.
As a leader in new liquid crystal materials in China, photoelectric Multistable Liquid Crystal (MSLC) with Hanlang’s unique liquid crystal technology leads the world. The company has nearly 200 patents and has cooperated with well-known domestic and international companies such as Apple, Samsung, Amazon, HP, HKC, and BOE.
Due to the strength of the new display industry cluster in the Economic Park of Ba’nan District, Chongqing Hanlang Precision Technology Co., Ltd. has experienced strong growth. A liquid crystal and mixed crystal material developed and produced by it is currently being validated by a well-known company in the industry.
Moreover, a company’s project involving in-vehicle dimming collaborates with head enterprises to validate the product and has excellent market prospects.
It has taken a team of Chongqing’s investment promotion years to upgrade working methods and consolidate the foundation for clustering, drawing a new picture of smart technology and digital development in Chongqing’s industrial parks.
“SCE 2022 is on the way, and we will take this opportunity to strengthen investment promotion and facilitate the establishment of invited projects,” said a person in charge of the Chongqing Municipal Bureau of Investment Promotion and Facilitation.
Next, Chongqing will continue to advance the “Investment Promotion Season,” strengthen regional collaboration, standardize the investment environment across the city, and explore the potential of invited enterprises.
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