Chongqing’s Urban Opportunity List Released, Attracting Foreign Investment

Chongqing - An investment of over 100 billion yuan (about 14.19 billion U.S. dollars) in 2023 Urban Opportunity List projects in Chongqing's Nan'an District and Chongqing Economic and Technological Development Zone was released at a press conference Friday.

Chongqing Municipal People's Government calls on intending enterprises to participate in the projects, sharing economic, social, and ecological benefits, improving the key industry chains and enterprise development, and focusing on foreign investment and local cultivation. 

The 2023 Urban Opportunity list includes 75 items in four aspects, including urban development and construction, urban renewal, integrated development of culture, sports, tourism and agriculture, industrial transformation, and upgrading. 

Twenty-six projects are included in the urban renewal category with an investment of about 44.5 billion yuan, which targets improving Chongqing's urban function, quality, and value. 

A shining project example is the Carbon Gold International Center, with an investment of about three billion yuan, which will gather new business forms from green to cross-border finance, creating a diversified financial ecology to help Chongqing's construction of the Western Financial Center. 

Additionally, another project example, the Chongqing Digital Publishing Industry Base, was listed to strengthen the digital content industry, covering the digitization of publications, databases, and online games. 

Chongqing Economic and Technological Development Zone, the earliest national-level economic and technological development zone in western China, was set up in 1993 with the approval of the State Council.

In 2010, it expanded to the Chayuan area of Nan'an District with a planned total area of about 60 square kilometers. This zone is oriented by electronic information, high-end equipment manufacturing, and modern service industries. 

Located in this zone, the Donggang Automotive Electronics Industrial Park is a significant project introducing core components of intelligent networked new energy vehicles (NEVs), automotive software, and other manufacturing clusters, helping Chongqing form a complete NEVs industry chain.