Liangjiang reports investments of 140b yuan in 2023

In 2023, Liangjiang New Area in Southwest China's Chongqing municipality achieved remarkable results in investment promotion: its total contracted amount exceeded 140 billion yuan ($19.5 billion), with over 40 billion yuan of this investment in place.

Since August 2023, Liangjiang has assigned over 400 Party members and cadres to provide personalized services to enterprises. These officials have been designated as service commissioners, and they will visit these enterprises to address their current problems.

The new area has established a full-life-cycle service mechanism that now spans business negotiation, contracting, establishment and production.

"We refuse to simply accept whatever comes our way in investment promotion. Instead, we formulate investment attraction plans based on our industrial layout, as well as the demand from our industrial chain," stated a government staff member.

In the automotive industry, for example, Liangjiang focuses on key areas such as large and small-scale electric vehicles, intelligent cockpits, wired chassis, automotive-grade chips, automotive software, and autonomous driving.

In 2023, Liangjiang New Area clearly defined eight key industrial chains, including new energy and intelligent connected vehicles, next-generation electronic information, and life and health. It also established eight corresponding investment promotion teams.