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Numerous Opportunities Released, Significant Projects Signed – The First Overseas Promotion Roadshow of Chengdu Eastern New Area Held Beside Xiangjiang River

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Numerous Opportunities Released, Significant Projects Signed – The First Overseas Promotion Roadshow of Chengdu Eastern New Area Held Beside Xiangjiang River

April 13
21:49 2023

On April 12, the 2023 Chengdu-Hong Kong Investment Cooperation Promotion Conference (Chengdu Eastern New Area Special Session) themed as “Sharing New Opportunities of Chengdu-Chongqing Economic Circle, Creating New Future for Chengdu and Hong Kong Industries” was held at the Hong Kong Convention and Exhibition Center. Publishing a list of investment opportunities, signing major industrial projects, seeking new opportunities for cooperation… Along the Xiangjiang River, Chengdu Eastern New Area seeks for cooperation, development and mutual benefit with enterprises in the Guangdong-Hong Kong-Macao Greater Bay Area (GBA).

Initially Publishing 58 All-domain Investment Opportunities

Actively Seeking Further Development Beyond Chengdu

This is the first overseas promotion meeting held in the Chengdu Eastern New Area after the pandemic. With the strong support of Chengdu Economic and Information Bureau, Municipal Investment Promotion Bureau and Hong Kong Trade Development Council, more than 110 enterprises and institutions gathered, hitting the largest promotion meeting scale ever.

On April 12, the Chengdu-Hong Kong Investment Cooperation Promotion Conference (Chengdu Eastern New Area Special Session) was held in Hong Kong

We sincerely invited “urban partners” to build a “community of hard-working”. In this meeting, we systematically introduced the investment environment of Chengdu Eastern New Area. Under the national strategic background of the construction of the Chengdu-Chongqing economic circle, Chengdu Eastern New Area was born due to the joint development of Chengdu and Chongqing, and was established due to the transformation and development of the city. Bearing a significant strategic importance, after nearly three years of construction, a brand-new urban shape of Chengdu Eastern New Area has gradually emerged, and its economic and population carrying capacity has been continuously improved, which enables it to strive to build a Chinese-style modern new city.

Chengdu Eastern New Area’s advantages in strategic positioning, location conditions, industrial carriers, business environment, and urban supporting facilities have won wide attention and recognition from business participants.

The investment environment of the
 Chengdu Eastern New Area was systemically introduced in the conference.

On the scene of the meeting, the first batch of investment opportunities in the Chengdu Eastern New Area of 2023 was released. A total of 58 opportunities in 6 categories were comprehensively sorted out, including urban functions, ecological environment, industrial carriers, franchise rights, housing construction market and infrastructure. The total amount invested reached about 81.3 billion (CNY).

The opportunity list contains a large investment scale and high quality, which provides more opportunities for enterprises in the Guangdong-Hong Kong-Macao Greater Bay Area (GBA) to expand the mainland market and seize the development opportunities of the Chengdu-Chongqing economic circle.

List of all-domain investment opportunities in the  Chengdu Eastern New Area  was released

A number of enterprises from Chengdu Eastern New Area also held or joined business exchange activities in diverse forms, such as roadshows, exhibitions and inspections, to seize new market opportunities during the promotion seminar.

Located in Jianzhou New Town, Chengdu Eastern New Area, Sichuan Kaimai New Energy Co., Ltd. grows with the development of the New Area and has become a national high-tech enterprise. Liu Jian, the COO, said that after three years of development, the industrial foundation of the Chengdu Eastern New Area has been continuously improved, the urban supporting facilities have been increasingly improved, and the business environment has been continuously optimized, enabling enterprises to develop steadily and rapidly.

At the same time, the construction opportunities and development prospects of Chengdu Eastern New Area have also attracted extensive attention and discussion from people from all walks of life in 19 countries and regions around the world.

Liang Zhiwei, independent director of OASA, special consultant/practice professor of China (Shenzhen) Comprehensive Development Research Institute, and visiting associate professor of the University of Hong Kong, said that Chengdu is a modern city with innovative vitality and cultural foundation. Under the powerful support pf Chengdu-Chongqing economic circle, its development prospect would be broader, and attract increasingly more attention in the future.

  Ye Jiaqi, deputy director of International and Mainland Relations of the Hong Kong Trade Development Council, noted that the current Chengdu-Chongqing dual-city economic circle had basically been established, and that the key fields promoted by Chengdu and the New Area coincided with the development of Hong Kong, including collaboratively cultivating and strengthening key industries such as new information technology, biomedicine, digital economy, cultural and creative industries, shipping, business and logistics services, as well as improving the development of producer services. “We look forward to combining Hong Kong’s functions and status, building diversified cooperation approaches, and creating a new chapter of development together with the Chengdu Eastern New Area.”

 Signing of a Major All-Cargo Air Route Project

Promoting the Opening Pattern of Bilateral Cooperation between East and West

At the promotion meeting, Chengdu Eastern New Area signed the Hong Kong Cargo Airways Tianfu International Airport Freight Route Project with Hong Kong Airlines Cargo. Hong Kong Airlines Cargo will cooperate with logistics companies to open a full cargo route between “Chengdu (Tianfu International Airport) – Hong Kong”, realizing efficient transportation of electronic products, cross-border e-commerce goods, fruits, seafood and other products between the two places.

Chengdu Eastern  New Area signed project cooperation agreements with Hong Kong Airlines Cargo and Outlet International Ltd.

Hong Kong Airlines Cargo’s Business Director, Zhang Jianjun, stated that the layout of air cargo routes at the Tianfu International Airport is mainly due to the huge consumer market and the favorable development of manufacturing industries in Chengdu. The successful implementation of the project at the Tianfu International Airport could not have been achieved without the coordination and support from the Management Committee of Chengdu Eastern New Area between airlines and the airport, as well as the active advocacy towards the civil aviation authorities. “The support given by the New Area to the project has also enhanced our confidence in making the Tianfu International Airport’s air cargo routes stronger,” he added.

Representative of Hong Kong Trade Development Council in Chengdu, Yang Jian, stated that in recent years, Chengdu’s aviation logistics industry has developed rapidly, and the abundant airline network and efficient customs clearance capacity of Tianfu International Airport provide favorable conditions for airlines to layout cargo routes.

The official in charge of the Aviation and Port Economy Department of Chengdu Eastern New Area stated that the landing of the Hong Kong Cargo Airways Tianfu International Airport Freight Route Project will further enhance the air cargo transportation capacity of Tianfu International Airport and promote the acceleration of logistics industry chain upstream and downstream and the convergence of enterprises on both banks in the new area.

In addition, Chengdu Eastern New Area has also signed a cooperation agreement with Outlets International Limited for the construction of the Tianfu Future · International Shopping Park Project in the Tianfu International Aviation Economy Zone. The project will focus on the sales of internationally and domestically renowned brand discount goods, bringing together over 300 luxury and boutique brands, and will include characteristic dining, parent-child interaction, leisure and entertainment, and trendy experiences, creating a fourth-generation airport-style outlet and building the largest outlet commercial complex in Southwest China.

This project will attract numerous international famous brands to compete for their first store, serving as a trendy consumption and micro-tourism destination in the suburban area of Chengdu’s East New Area. At the same time, it will utilize the comprehensive bonded zone platform as an import source gathering place and distribution center for nationwide operational projects.

Tianfu International Airport

From the banks of the fragrant harbor to the mountains and rivers of Bashu, although the two places are thousands of miles apart, they have close cooperation.

As of 2022, there were 1,494 Hong Kong-funded enterprises in Chengdu, accounting for more than 30% of the total number of foreign-funded enterprises in the city. Well-known projects in Chengdu such as IFS, Taikoo Li, NanChengduhui, and Lan Kwai Fong are all invested and operated by Hong Kong enterprises.

 Head Of The Related Department of Chengdu municipal stated that as the core city of the Guangdong-Hong Kong-Macao Greater Bay Area national strategy, Hong Kong is an important gateway for China to open up to the world. As a new platform for the construction of the Chengdu-Chongqing Economic Circle in the western region, the Chengdu Eastern New Area is committed to creating a new gateway for China to open up to the west and south. Deepening cooperation between the two places is conducive to promoting the formation of a coordinated open pattern both domestically and internationally, promoting two-way economic exchange between the east and west.

Continuously enhance the investment introduced intelligence in Guangdong, Hong Kong, Macao and the Greater Bay Area

Expanding “dual circulation of domestic and foreign markets” deep cooperation

Since its establishment, Chengdu Eastern New Area has insisted on promoting high-quality economic and social development with projects leading the way.

Up to now, 103 major industrialized projects have been introduced, such as SVOLT, Hymson, GLP and SF, with a total investment of over RMB 294 billion. 236 projects are planned to be implemented in 2023, with a total investment of RMB 256.14 billion and an annual planned investment of RMB 39.55 billion.

During the period in Hong Kong, the investment delegation of the New Area to Hong Kong has been carrying out non-stop business visits, collecting information and inspecting enterprises, negotiating with Cathay Pacific Airways Limited, TUL, China Resources Enterprise and other enterprises on cooperation matters, widely publicizing the opening-up policy of Chengdu Eastern New Area and new investment opportunities of modern industrial system to all circles in Hong Kong, and sincerely inviting friends from all circles and Hong Kong enterprises to invest in Chengdu Eastern New Area.

It is reported that the enterprises in Chengdu Eastern New Area visited and negotiated with Hong Kong are mainly involved in the two fields of airside economy and biomedicine, and have reached cooperation intentions with many enterprises.

Tianfu Jincheng Lab ( city of turture medicine )

The person in charge of the Investment Promotion Bureau of Chengdu Eastern New Area introduced that the national strategy for construction of the Chengdu-Chongqing economic circle has given top-level design support for the stable development of Chengdu Eastern New Area. On this basis, Sichuan Province and Chengdu City have also introduced special policies to support the development of the new area, such as the“Policies and Measures Pertaining to the Development of Industrial Ecosystem of Chengdu Eastern New Area” and the new policy for talents, which support enterprises to move in and match the policies of housing, schooling and medical treatment for talents with the greatest strength and scope.

“For enterprises, the rapid convergence of strong human, logistic, commercial, capital and information flows brought by the international gateway hub is undoubtedly the biggest market and business opportunity, and the high quality resources of education, medical, cultural and sports facilities in the new area provides the best prerequisites for enterprises to attract high-end talents and retain outstanding talents.” The person in charge said.

Chengdu Eastern New Area Urban Core

The year of 2023 is the “Industry Project Challenge Year” of Chengdu Eastern New Area. Chengdu Eastern New Area will take a clear position in the provincial committee’s “Four modernizations synchronization, Urban-rural composition and Five districts together for prosperity”, focus on the municipal committee’s “Three Excellent and Stronger” and industry building circle and chain, and take this promotion meeting as an opportunity to continuously enhance the exchange and cooperation with Guangdong, Hong Kong and Macao Greater Bay Area in industries related to airside services, financial technology, trade logistics and medical health.

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