Chongqing - More than 300 companies from China and abroad recently met in Liangjiang New Area to explore new business partnerships. The event focused on strengthening ties between state-owned, private, and international enterprises.
The Joint Initiative of State-Owned, Private, and Foreign Enterprises in Liangjiang New Area & 2025 Chongqing Municipality Inaugural Project Launch Ceremony for the Coordination of "Three Enterprises" was recently held in Liangjiang New Area. (Photo/The Joint Initiative of State-Owned, Private, and Foreign Enterprises in Liangjiang New Area & 2025 Chongqing Municipality Inaugural Project Launch Ceremony for the Coordination of "Three Enterprises")
At the event, Liangjiang New Area unveiled its 2025 investment opportunity list and sealed deals with state-owned, private, and foreign enterprises. The list includes 452 high-quality projects totaling 236 billion yuan (32.36 billion USD) and spanning eight areas: industrial development, social services, and equity financing.
The event signaled robust confidence in Liangjiang’s economic future, with 162 projects securing agreements across state-owned enterprises (61 projects), private enterprises (89 projects), and foreign enterprises (12 projects), and 48 key projects signed contracts on-site.
The projects, valued at nearly 100 billion yuan, span five key areas: industrial cooperation, tech commercialization, urban renewal, equity investment, and infrastructure development.
High-profile projects include 5-billion-yuan projects owed by China Oil and Gas Pipeline Network Corporation, Fosun Group, and Geely Group, Unicorn projects launched by TJD Parking and Sunsea Parking, and an Xingyun Group benchmark project.
Xingyun Group, one of China’s top 500 private enterprises specializing in supply chain services, plans to invest $100 million to establish its Western China headquarters and expand cross-border trade.
The project aims to build a digital trade platform to streamline compliance and cluster cross-border businesses while boosting exports for Chongqing’s new energy vehicles and medical devices through Xingyun’s worldwide network.
The Digital Economy Industrial Park of Liangjiang New Area. (Photo/Wang Jiaxi)
Aligned with Chongqing’s advanced manufacturing cluster plan and sci-tech innovation framework, Liangjiang is stepping up efforts to build eight strategic industrial chains, including intelligent-connected new energy vehicles, next-gen electronic information, and high-end equipment.
Liangjiang will enhance “full-lifecycle services” for projects and create a more business-friendly environment by streamlining governance and reducing unnecessary interference. The area welcomes state-owned, private, and foreign enterprises to start or expand their investments.
Liangjiang New Area is China's first inland national-level new area. It covers an area of 1,200 square kilometers and includes the regions of Jiangbei, Yubei, and Beibei districts.