W. China more popular among investors
By TAN YINGZI and DENG RUI in Chongqing |
China Daily |
Updated: 2024-05-24 10:17
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The investments are mainly from Guangdong, Sichuan, Jiangsu provinces and Beijing, including four Fortune 500 companies.
Overseas investors have also shown interest in the region as 12 foreign-funded projects with a total contracted value of 26.72 billion yuan were signed at the event.
Chongqing, located on the upper reaches of the Yangtze River, boasts key geographic advantages as a strategic pivot point in the national development programs for China's western regions and the Chengdu-Chongqing Economic Circle. It also is a connecting point for the Belt and Road Initiative and the Yangtze River Economic Belt.
