Jiangbei Secures RMB 49.2 Billion in Investment Agreements at the 4th WCIFIT!

    On July 22, the 4th Western China International Fair for Investment and Trade (WCIFIT) commenced in Chongqing. As the municipality's sole "Charming District" participant, Jiangbei District showcased alongside other provinces and municipalities, achieving remarkable results by signing 35 key projects totaling RMB49.2 billion in investment.

On July 22, Jiangbei District signed four major projects at the Signing of Key Projects of WCIFIT, including the Chengtong Guohe Project, the BlueChi (Chongqing) Private Equity Investment Partnership Enterprise (Limited Partnership) Project under the SME Development Fund, the Strategic Cooperation Project between Jiangbei District and JD Group, and the China Headquarters Project of Singapore Royal Emerald Realty Pte. Ltd., with a total investment of RMB7.35 billion.

Among these, Singapore Royal Emerald Realty Pte. Ltd. will invest RMB1.35 billion to introduce an art-fashion luxury hotel highlighting Chongqing's mountain-city culture, develop a comprehensive cultural-tourism performance complex, and launch the first Chinese outlets of the century-old coffee brand WARUNG TINGGI and the renowned Indonesian cuisine brand MANDEH.

The same day, Jiangbei independently hosted the "Charming District · Fashionable Jiangbei" Major Investment Project Signing Ceremony at the Jiangbeizui International Fashion Center. Attendees included Fortune Global 500 giants like CREC, Sinopec, and JD Group, with 31 projects spanning 10 sectors: IT services, modern finance, manufacturing, construction, education, high-end commerce, cultural tourism & healthcare, among others. Combined with the four WCIFIT-signed projects, Jiangbei secured RMB49.2 billion during this WCIFIT edition.

Notably, the signed projects demonstrated three distinctive characteristics: large-scale financial sector projects, numerous digital economy projects, and concentrated headquarters economy projects.

● Modern Finance: 7 projects (investment exceeding RMB8.2 billion) to amplify the core influence of Chongqing's Western Financial Center hub.

● Digital Economy: 11 IT service projects (total investment over RMB6.4 billion), reflecting Jiangbei's leadership in software and information services.

● Headquarters Economy: 5 projects (investment surpassing RMB16 billion).

In recent years, Jiangbei District has consistently optimized its business environment by benchmarking against international standards, focusing on enterprise needs, and deepening reforms in "streamlining administration, delegating powers, and improving services". The district has implemented a package of policies including 10 measures to create "the most business-friendly district", with various facilitation measures being successively rolled out. In the first half of this year, the district achieved outstanding economic performance, recording a regional GDP of RMB75.33 billion with 5.5% growth.

Source: Chongqing Release