W. China more popular among investors

By TAN YINGZI and DENG RUI in Chongqing | China Daily | Updated: 2024-05-24 10:17
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People visit a booth of Belarus, the guest country of honor, during the Sixth Western China International Fair for Investment and Trade in Chongqing International Expo Center in Southwest China's Chongqing municipality, May 23, 2024. [Photo/Xinhua]

The investments are mainly from Guangdong, Sichuan, Jiangsu provinces and Beijing, including four Fortune 500 companies.

Overseas investors have also shown interest in the region as 12 foreign-funded projects with a total contracted value of 26.72 billion yuan were signed at the event.

Chongqing, located on the upper reaches of the Yangtze River, boasts key geographic advantages as a strategic pivot point in the national development programs for China's western regions and the Chengdu-Chongqing Economic Circle. It also is a connecting point for the Belt and Road Initiative and the Yangtze River Economic Belt.

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