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Chongqing Financial Exhibition Center Opens, Accelerating Western Financial Center Growth

By RAN ZHENG|Sep 13,2024

Chongqing - On September 12, Jiangbei District in Chongqing was abuzz with excitement as it marked the signing, initiation, and launch of several key projects, highlighted by the grand opening of the Chongqing Financial Exhibition Center.

This financial landmark includes a digital exhibition hall, a national financial information platform, and other functions designed to support Chongqing in developing the Western Financial Center, promoting economic growth, and attracting financial resources.

The event also showcased 72 major projects with a total investment surpassing 35.2 billion yuan (approximately USD 4.9 billion), covering industrial upgrades, urban renewal, public welfare, and transportation.

Chongqing Financial Exhibition Center. (Photo/Jiangbei District)

Among the highlights, 36 major projects were officially signed, including the freight business headquarters of China Railway Materials Trading Co., Ltd. and the trade headquarters of Xier Group. 

These projects collectively represent a total investment of 10.73 billion yuan. Additionally, 12 projects under the "Full of Stars" program, which focuses on big data, AI, and information services, have a combined investment of 2.6 billion yuan.

Guo Ji, chairman of Zhongbo Guoshang Co., Ltd., praised Jiangbei District's strategic advantages and is firmly committed to collaborating on projects such as developing a Chinese medicine town, creating a unique cultural IP, and constructing theme hotels.

Zhongbo Guoshang Co., Ltd. is a major state-owned enterprise specializing in culture and technology, energy management, and engineering construction.

Chongqing Jiangbeizui Central Business District. (Photo/Jiangbei District)

Additionally, 20 projects, including the Haier Chongqing Industrial Park rooftop photovoltaic power generation project and the Changan No.3 factory science and technology innovation center, were launched, with a combined investment of 9.22 billion yuan. 

The Changan No.3 factory's science and technology innovation center, set to be completed by 2027, will include headquarters offices, a brand center, an automotive experience center, and a museum. This project marks a significant strategic step for Changan Automobile as it advances in intelligent automotive network technology.

"The Changan project, covering around 310,000 square meters, is poised to be a central element of the international consumption center city. It will serve as a new quality productive forces hub, connecting with the Guanyinqiao business district to create a '10 billion yuan level' international fashion and consumption highland," said the head of project development.

At the event, Jiangbei District unveiled the List of Private Investment Opportunities 2024, featuring 100 investment projects. These projects involve commercial and industrial buildings and offer opportunities in luxury goods, finance, digital economy, biomedicine, and intelligent manufacturing.

Jiangbei's financial institutions make up a quarter of the city's total, with financial assets comprising half, loan balances a fifth, and the number and market value of listed companies ranking first in the city.


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