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Chongqing Firms Attract Investment Overseas via Guangdong, Hong Kong, Macao

By ZHAN CHEN|Mar 07,2023

Chongqing - To further expand its overseas market and promote foreign investment and trade in Southwest China's Chongqing, the Chongqing Municipal Commission of Commerce led a delegation for a nine-day investment promotion event to Shenzhen, Hong Kong, and Macao from March 6 to 14.

During the event, the delegation will visit investment-related departments and prestigious enterprises to promote Chongqing and expand the city's influence in the Guangdong-Hong Kong-Macao Greater Bay Area. The delegation will also collaborate with institutions such as the Hong Kong Trade Development Council (HKTDC), Macao Trade and Investment Promotion Institute, Deloitte, Hang Seng Bank, and Sands China, among others.

The Guangdong-Hong Kong-Macao visit aims to deepen the economic and trade exchanges between Chongqing and the Greater Bay Area. This will help Chongqing firms to resume contacts and strengthen cooperation with the political, industrial, and commercial sectors, as well as important overseas markets in Hong Kong and Macao.

Hong Kong has been Chongqing's largest source of foreign investment and an important trade partner, playing a critical role in promoting Chongqing's foreign trade and investment. Conversely, Macao is a bridge of Sino-Portuguese cultural exchange and an important platform for Sino-Portuguese economic and trade cooperation. It has an irreplaceable role in developing economic and trade cooperation between Chongqing and Portuguese-speaking countries.

Several critical cooperation projects will be promoted during the activity, including discussions with Swire, Deloitte, and other well-known enterprises to expand cooperation areas. This will attract more high-quality foreign investment projects to settle in Chongqing, developing its international market and promoting foreign investment and trade.

The Chongqing Municipal Commission of Commerce will help local enterprises open new paths to foreign markets, encouraging them to enhance their overseas supply chain system and the city's economic influence and market competitiveness. This will be done by considering the firms' needs and the latest trends in the international market.

(Cai Jiajia, an intern, also contributed to this report.)



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