CHONGQING (CQNEWS) -- Chongqing started the special action plan to attract investments in 2023. They have strengthened investment attraction in economically developed regions such as the Beijing-Tianjin-Hebei region, the Yangtze River Delta, Guangdong, Hong Kong, and Macao, and stepped up its effort to push forward the construction of foreign iconic projects. After visiting Japan, south of Singapore, and Malaysia, the Chongqing investment promotion delegation started to visit western countries for market expansion.

To create a trillion-dollar industrial cluster of intelligent connected new-energy vehicles, Chongqing has to concentrate its efforts on growth rate, quality improvement, and ecological protection.

The Chongqing investment promotion delegation, which consists of officials from the Chongqing Investment Promotion Bureau and other authorities from Yuzhong District, Yubei District, Liangjiang New Area, and Western (Chongqing) Science City, has started to visit Italy and Germany for investment attraction.

Actively communicate with manufacturing enterprises in Italy and Germany

The Chongqing investment promotion delegation visited nearly 10 key institutions and enterprises in Italy and Germany between June 29 and July 5, such as SWM Motorcycles, COMAU Robotics, Webasto, and Marelli Automotive Lighting System.

The tight schedule shows that the delegation mainly visited local manufacturers in industries concerning intelligent connected and new-energy vehicles & parts, and industrial machinery.

Aim at the industry of intelligent connected and new-energy vehicles

To build a trillion-dollar industrial cluster of intelligent connected new-energy vehicles, Chongqing has concentrated its efforts on growth rate, quality improvement, and ecological protection. The delegation has focused on visiting the leading enterprises in the field of automotive manufacturing, such as Webasto, and Marelli Automotive Lighting System.

Chongqing is dedicated to developing a first-class robot application demonstration base and an industrial innovation and development demonstration zone in China and has gathered more than 300 upstream and downstream enterprises of the key robot industry chain, such as GSK, Wasu, Kawasaki, and Fanuc. By the end of last year, Chongqing has produced over 60,000 sets of robots, achieving an output value of more than 30 billion yuan.

Further open up to seek partnerships

During the trip, China Chongqing – Germany NRW Investment Promotion Conference was held in Dusseldorf, Germany, by the Chongqing investment promotion delegation.

The promotion conference attracted over 20 enterprises in the fields concerning auto parts, electronics, third-party testing, and education consulting, such as Nedschroef, CASSKY, and Jiaxin Trade.

The Chongqing investment promotion delegation presented the overall advantages of Chongqing and expressed the will of Chongqing to further broaden cooperation channels and carry out economic and trade exchange activities.

INTESA SANPAOLO, based on the established "Italy-China Fund", will strengthen cooperation with Chongqing Industry, Science, and Finance Service Platform and other platforms, said Mr. Rosario Strano, head of the Chinese projects at INTESA SANPAOLO. (Translated by Yuki, Fathom Language Limited)