Invest in Sichuan: Chengdu Metropolitan Area Global Investment Promotion
Conference was held in Shanghai on February 14. With the theme of "Urban
Integration Boosts Coordinated Development, Metropolitan Area Makes the
Future", it attracted more than 180 leading enterprises and business
associations at home and abroad, with a total of more than 230 participants.
Foreign companies including Volvo, BP, Allianz Holdings, DuPont Group, Tyco
Electronics and 3M, accounted for 42% of the total, and there were 31 Fortune
Shanghai was chosen as the first stop because of the prominent
international influence of its metropolitan area. It helps domestic and foreign
enterprises to know about Sichuan and thus invest in Chengdu metropolitan area.
The first stop was a total success. 25 projects were signed, covering 6
dominant industrial fields of Sichuan such as equipment manufacturing, advanced
materials, energy and chemical industry, medicine and health, presenting the
characteristics of “new, competitive, large-scale, high-quality, high-grade,
precise, advanced and exclusive". The average investment amount of the
projects exceeded 2.5 billion yuan, of which manufacturing projects
accounted for more than 60%. It not only showed Sichuan's firm confidence in
developing the manufacturing industry with open arms for business from all over
the world, but also showed Sichuan's strong determination to promote
high-quality development and adhere to high-level opening.
The conference attracted attention from all over the world, functioning
as a great chance which offered an all-round view of Chengdu metropolitan area
with unlimited opportunities.
Firstly, it is highly positioned, extensive and populous. Chengdu
metropolitan area is the third metropolitan area approved in China, and the
first in Central and Western China. It’s also Sichuan’s economy core area. To
accelerate the construction of Chengdu modern metropolitan area with national
influence will provide strong support for Chengdu-Chongqing Economic Circle to
build an important growth pole and a new power source, which help with the
high-quality development in China. The metropolitan area covers 4 entire
cities: Chengdu, Deyang, Meishan and Ziyang, with a total area of 33,100
square kilometers and a resident population of about 30 million in 2022.
Secondly, it has a long history, rich heritage and abundant resources.
Chengdu metropolitan area is the birthplace of ancient Shu civilization, with
Sanxingdui and Jinsha cultures that share the same root. It also owns
world-famous cultural relics such as Wuhou Temple, Sansu Temple and Anyue Stone
Carvings, and World Natural and Cultural Heritages such as the Qingcheng
Mountain - Dujiangyan and Giant Panda Habitat. It’s also known for intangible
cultural heritages like Sichuan Opera, Shu Embroidery and New Year Paintings
which have been passed down for thousands of years. The two World Natural and
Cultural Heritage sites have laid a solid foundation for the integrated
development of cultural tourism in Sichuan, and have won a head start in the
development of investment in the cultural tourism industry.
Thirdly, it has impressive industry, driving force and achievements.
Chengdu metropolitan area covers six major industries with advantages in
Sichuan. The construction of the Chengdu-Deyang port economic industrial zone,
the Chengdu-Meishan high-tech industrial zone and the Chengdu-Ziyang airport
economic industrial zone is progressing steadily, with world-class industrial
clusters taking shape at an accelerated pace. Also, the construction of
international portal hub and three-dimensional transportation system of the
metropolitan area is being upgraded. All have made it the first choice for
domestic and foreign enterprises to invest in Sichuan. In 2022, its total economic volume
achieved 2.62 trillion yuan, accounting for 46.2% of Sichuan Province,
with leading economic strength in the midwest. At the same time, it has precise
and powerful support in policy. A series of supportive policies have been
intensively introduced, especially in taxation, finance, electricity and
capital incentives, which are of great concern to many enterprises. Now, more
than 300 Fortune 500 companies have invested in and set up businesses in
Chengdu metropolitan area, and the number of consulates has increased to 23.