This photo taken on April 20, 2023, shows an exterior view of the venue for the fifth China-Singapore (Chongqing) Connectivity Initiative Financial Summit in southwest China's Chongqing. (Photo/Xinhua)

Chongqing is committed to building a financial center in western China. It aims to be the financial hub with the most complete range, the largest number, and the greatest openness of financial institutions in western China. 

In 2022, Chongqing's financial industry demonstrated comprehensive competitiveness, ranking among the top in West and Central China and securing the seventh position nationwide. By 2025, the added value of the city's financial industry will reach 280 billion yuan, accounting for about 9.5 percent of regional GDP.

Key development focus and investment areas

The registered official headquarters or regional headquarters of various financial institutions, domestic and international banks, securities firms, insurance companies, funds, non-banking financial institutions, capital settlement centers of multinational corporations, currency brokerage firms, as well as various financial backend and service outsourcing agencies.

The information is sourced from Investing Chongqing (2023). This article is updated on February 20, 2024.