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Western China Int'l Investment Fair  
28 May2018
The top 10 fair in China, The 2018 Western China International Investment and Trade Fair  will be held in Chongqing Expo Center from May 25th to 28th. With over 500 billion RMB contracts to signs for 211 projects, from 67 countries, over  7,300 companies, 291 of world top 500 companies,  200 multi national companies, 120 institutions attending, it is the largest fair in chongqing and the top 10 national fairs in China, and has been held for the past 20 years.

The international exhibitors are from Russia, Britain, Italy, Japan, Hungary, Malaysia, Thailand, Vietnam and Laos etc. The international contracts signed on the first day are from The United States, Germany, Japan, Italy, China, Hongkong and other countries and regions, in the fields of intelligent manufacturing, logistics and transportation, environmental protection chemical industry, commercial complex and other industries and fields. The domestic contracts signed are from Beijing, Shanghai, Guangdong, Jiangsu, Zhejiang, Hubei, Sichuan and other 13 provinces, in the areas of intelligent manufacturing, new energy vehicles, communications equipment, biomedicine, aerospace, new materials, "Internet plus" and other industries and fields.

Most of the contracts are in the fields of new economy. In the first quarter of 2018, the industrial growth in Chongqing increased by 2.5% for GDP of 7.0%. The automobile manufacturing industry declined by 10.4%. The city has been moving toward new economy in addition to traditional industries for many years, bringing data intelligence and AI as fusion for Industry 4.0 for all industrial areas.

The largest single investment project in the city earlier this year is with Tsinghua Ziguang Group on IC for over 100 billion, in the areas of "Intelligent security +AI", digital TV chip, data cloud service headquarters and research and development center, mobile intelligent terminal, advanced chip design, financial science and technology, industrial 4.0 intelligent factory, integrated circuit headquarters and high-end chip manufacturing base.

The other projects introduced include Sino-Singapore Technology, Finance, and Innovation Park on technological innovation, digital economy, modern finance and talent development. In the field of scientific and technological innovation, the focus is on the research and development of artificial intelligence, virtual reality, data, cloud computing, block chain, biological verification and other related technologies. In the digital economy, the focus is on cultivating intelligent manufacturing, intelligent transportation, intelligent medical treatment, intelligent logistics, energy conservation and environmental protection, cross-border commerce and other industrial projects. The financial services include cross-border supply chain finance, international factoring, international leasing, cross-border guarantee, cross-border settlement, cross-border asset transactions, cross-border issuance of debt, and other financial services.

The fair demonstrates Chongqing is at the fore front of the global fusion of economy and technology in Industry 4.0, as the center of the Belt-Road Initiative and the Inter-Connectivity Initiative, the hub between Europe and Asia, and between the inland and the sea ports. Behind other neighboring provinces in international investment, this fair aims to lead the international investment fair inland China in the future. It has the scale of over   300,000 participants, 110,000 square meters and a total of six pavilions. They include "The Belt and Road Chongqing", Chongqing Hall, China Hall, Chinese new brands Hall, Western China Hall, and International Hall.

The "The Belt and Road Hall" showcases the national and international cities to participate in the" The Belt and Road Initiative " and the prospects, the developments, the enterprises and the projects.

China Hall includes the national enterprises, state-owned enterprises, and the high tech nuclear projects.

China New Brands Hall focuses on the emerging industries such as big data, intelligent manufacturing, new Internet, science and technology finance and other strategic emerging industries. They highlight the new business models, innovative products, and new economic ecology.

The Western China Hall is created for demonstration of western regional economy, finance, trade, logistics and technology.

The Chongqing Hall focuses on the strategic development and advantages in districts of Chongqing, including all the development Zones.

The International Pavilion includes Asia, Europe, North America, Latin America, Africa and Oceania to display their national policies, history, culture, customs, and special products.

In addition to these pavilions, there are keynote Forum on the theme of "Opening New Opportunities in the Inland China", as well as the two conferences of "The Western Regional Economic Development", "Chongqing-Singapore • Inter-Connectivity Investment and Cooperation Round Table".

This fair is co sponsored by the Ministry of Commerce, the State Council, the China Council for the promotion of international trade and the Government of Chongqing.

The fair is held in Chongqing International Expo Center, on subway line 6, Guobo Station.





By nyc_expat (Male. United States (USA))
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Date: 12 May 18    Views: 100    Comments:           

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