The "2018 Chongqing Foreign Investment Environment Evaluation Report" released in January this year shows that Chongqing is the only municipality directly under the central government, and Chongqing has a significant advantage in attracting foreign-invested enterprises.

In 2019, China (Western) “One Belt, One Road” cross-border investment and trade matchmaking meeting was held in Chongqing on the 17th, attracting 190 overseas companies from 22 countries and regions and 440 Chinese companies from China's western provinces and cities such as Chongqing. Co-sponsored by Chongqing Municipal People's Government and Bank of China, the matchmaking meeting aims to strengthen cooperation in international advantageous production capacity, foster and expand Chongqing's industrial and commercial enterprises and countries along the “Belt and Road”, especially the Central Europe (Chongqing) and “Luhai New Channel”. Exchanges and cooperation between enterprises in the countries and regions along the line.

Lin Jingwei, deputy governor of the Bank of China, said that Chongqing has become the frontier of openness in western China. A good manufacturing base, an excellent business environment, and preferential policies and measures have created conditions for overseas entrepreneurs to invest and develop.

Good manufacturing base

In 2019, Chongqing will continue to increase investment promotion efforts, focus on the use of foreign key industries, and combine the actual situation in Chongqing to determine the manufacturing industry with big data, artificial intelligence, biomedicine, new energy and new materials as the core, as well as R&D and settlement. Modern service industry with modern logistics as the core takes the development direction of utilizing foreign capital, attracts internationally renowned enterprises to settle in, promotes the concentration of key industries, and drives the city's industrial transformation and upgrading. 

Huang Guohui, CEO of Singapore-based trading company, took part in the docking talks with multiple intentions. On the one hand, he hopes to export health food to the Chinese market, and on the other hand, he wants to import solar panels from China to Southeast Asia and Africa. "China made" generators, buses and other vehicles are also the products he wants.

Excellent business environment

In terms of expanding the use of foreign investment platforms, Chongqing should play a good role in the platforms of the Liangjiang New Area, the Chongqing Pilot Free Trade Zone, and the Sino-Singapore Interconnection Demonstration Project.

At the same time, Chongqing will also create a legal, international and convenient business environment, strengthen investment in major projects, and focus on key countries, regions, cities and Fortune 500 companies and top 100 leading enterprises in the industry. Responsibility, precision investment, and inventory management, especially strengthen the connection with the Asia-Pacific headquarters of the world's top 500 companies and China headquarters, and enhance the pertinence and effectiveness of investment promotion work.

Preferential policy measures

While making good use of the central government policy, Chongqing has further refined its implementation plan, innovated the introduction of local policy “combination boxing”, enriched the preferential policies for attracting foreign investment, and formed a preferential policy for foreign investment in the central and western regions.

The city also plans to address the difficulties of financing, financing, employment and labor for foreign-invested enterprises; improve the coordination mechanism for foreign complaints, timely introduce foreign investors' complaints and coordination methods, protect the legitimate rights and interests of foreign-invested enterprises; focus on improving living facilities and introducing international schools International hospitals, foreigners working for foreign-invested enterprises to solve their worries about their children's enrollment and family medical treatment.