Xinhua Silk Road: Yubei District of China's Chongqing increases efforts to complete industrial chains and boost investment

Xinhua Silk Road



BEIJING, March 21, 2023 /PRNewswire=KYODO JBN/ --


Yubei District of southwest China's Chongqing Municipality, has stepped up

efforts to further optimize industrial chains and facilitate more investment

into the district.


Focusing on the district's competitive industries, Yubei rolled out an

investment promotion scheme earlier this year in a bid to attract a number of

core enterprises and landmark projects to settle here.


An official of Yubei District said that the district's efforts to promote and

facilitate investment are in full swing this year.


The district launched a special campaign by setting up six special working

groups for investment promotion centered on its six key industrial chains,

including intelligent network-connected new energy vehicles, electronic

information manufacturing, software and information services, innovative

finance, trade logistics and modern agriculture, culture and tourism, in a bid

to achieve new breakthroughs in industrial chain investment.


Furthermore, the district beefed up efforts to boost domestic and foreign

investment in its key industries and carried out a series of investment

promotion activities targeting Fortune Global 500 companies, state-owned

enterprises, leading institutions, etc.


Besides, Yubei is set to further optimize and improve its investment promotion

mechanism in a bid to provide a solid guarantee for the signing and

implementation of major projects.


At the same time, the district planned to update its investment project library

in real time. Of the investment projects under negotiation with a planned

investment of more than 100 billion yuan, more than 30 percent of them will be

signed within six months and over 60 percent will be signed within a year.


Efforts will be made to promote the construction of a digital intelligence

promotion investment platform centered on industry analysis, project

attraction, landing services and other key processes.


Besides, Yubei will impose a closed-loop management system and increase the

weight of quality indicators and investment assessment for major projects.


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SOURCE  Xinhua Silk Road


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   Caption: The aerial photo shows a view of Yubei District in southwest China's Chongqing