The 7th Western China International Fair for Investment and Trade concluded in Chongqing this week, solidifying the region’s growing role in global economic collaboration. Over 1,300 companies and institutions from 39 countries and regions participated, with investment agreements surpassing 200 billion yuan ($27.8 billion). The event highlighted Western China’s strategic focus on advanced manufacturing and modern services, sectors driving its rapid integration into global supply chains.
International attendees lauded the fair as a “gateway to Asia’s next frontier,” emphasizing its dual role in fostering cross-border partnerships and cultural exchange. Delegates from Europe, Southeast Asia, and the Middle East showcased technologies ranging from smart logistics to renewable energy, reflecting the region’s diversification beyond traditional industries.
Analysts note that Western China’s infrastructure development and policy incentives are attracting multinational firms seeking alternatives to coastal manufacturing hubs. The Chongqing fair also featured forums on sustainable urbanization and digital innovation, aligning with broader national goals under China’s “dual circulation” economic strategy.
For investors and businesses, the event signals untapped potential in provinces like Sichuan and Shaanxi, where tech parks and free-trade zones are proliferating. As one European trade representative remarked, “This isn’t just about cost efficiency—it’s about co-creating the industries of tomorrow.”
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Western China shines as global investment hub at Chongqing fair
cgtn.com