– Xinhua Silk Road: China’s Chongqing Yubei District steps up efforts to complete industrial chains and boost investment
BEIJING, March 21, 2023/PRNewswire/ — Yubei District of southwest China’s Chongqing Municipality has intensified its efforts to further optimize industrial chains and facilitate more investment in the district.
Focusing on the district’s competitive industries, Yubei launched an investment promotion plan earlier this year in a bid to attract a number of core enterprises and flagship projects to establish themselves here.
A Yubei district official explained that the district’s efforts to promote and facilitate investment are in full swing this year.
The district launched a special campaign by establishing six special investment promotion working groups focused on its six key industrial chains, including grid-connected intelligent new energy vehicles, electronic information manufacturing, information software and services, finance innovative, commercial logistics and modern agriculture, culture and tourism, in a commitment to achieve new advances in investment in the industrial chain.
In addition, the district strengthened 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.
In addition, Yubei is set to further optimize and improve its investment promotion mechanism in a bid to provide a strong guarantee for the signing and implementation of large projects.
At the same time, the district planned to update its library of investment projects in real time. Of the investment projects being negotiated with an expected investment of more than 100 billion yuan, more than 30 percent of them will be signed within six months and more than 60 percent will be signed within a year.
Efforts will be made to promote the construction of a digital intelligence promotion investment platform focused on industry analysis, project attraction, landing services and other key processes.
In addition, Yubei will impose a closed-loop management system and increase the weight of quality indicators and investment evaluation for major projects.
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