Chengdu Reaps Bumper Harvest in Investment Campaign

The Investment Promotion Seminar & Signing Ceremony of Cooperation Projects of the 2015 Well-known Chinese and Foreign Enterprises’ Visit to Sichuan were staged in Chengdu on April 24.

The signing ceremony concluded with the signing of agreements and contracts for 39 major projects, involving RMB111.05 billion (approx.US$17.91 billion). During the two-day event, Sichuan obtained deals totaling RMB601.56 billion (approx.US$97 billion), including the agreements and contracts on 842 large projects, each valued at over RMB30 million (approx.US$4.84 million).

Chengdu topped cities in Sichuan with its signed deals on 110 projects involving a total investment of RMB97.94 billion (approx.US$15.72 billion) during the event, according to statistics from Chengdu Municipal Investment Promotion Commission.

Chengdu, Foreign Investors’ First Choice in China

Having a strong appeal to foreign investors, Chengdu has become the first choice of foreign-funded companies to make investment or expand operations in China.

Aug 29, 2014

Sichuan Secures RMB50b in Deals Involving Auto Industry

Around 300 well-known enterprises in the automobile industry attended the Sichuan Automobile Industry Development and Investment Forum in Chengdu on August 26.

Sep 19, 2014

Wanda Increases Investment in Chengdu

On April 3, Dalian Wanda Group and Chengdu government signed a huge deal on a 5-year investment project worth RMB102 billion (approx. US$16.44 billion) involving a series of service-oriented projects on culture, tourism, health-care, e-commerce and so on.

Apr 11, 2015

Foreign Investment Grows in Chengdu

The megacities of Beijing, Shanghai and Guangzhou have always attracted the bulk of investments in China. But increasingly, foreign investors are looking elsewhere in the vast country for opportunities — the number of Singapore firms in Chengdu, for instance, grew from 299 in early 2013 to 384 by the end of 2014, a 28 percent increase.