Chongqing boosts ties with HK, Macau, Taiwan

The Chongqing municipality has established more than 4,100 Hong Kong, Macau and Taiwan investment enterprises, and actually invested more than US$63 billion.

According to reports, in 2019, Chongqing’s total import and export value increased by 10%, and trade with Hong Kong, Macau and Taiwan areas exceeded 50 billion yuan; Chongqing’s actual use of foreign capital exceeded US$10 billion, and investment from Hong Kong, Macao and Taiwan areas reached nearly US$5 billion. Zhang Ling, vice chairman of the Chongqing Municipal CPPCC, expressed the hope that members of the Hong Kong and Macau members of the CPPCC and the specially invited persons from Taiwan overseas Chinese will continue to actively provide advice and suggestions to inject new momentum and expand new space for the development of Chongqing.

In 2019, Chongqing hired a total of 38 industry leaders from Hong Kong, Macau and related regions as consultants. The “Chengdu-Chongqing Two-City Economic Circle” will be the priority for 2020, while cooperation with the Greater Bay Area will be a key element of this. In the new year, the Chongqing Municipal Government’s Hong Kong and Macau Affairs Office says it will build a broader platform to provide more accurate information and government services for the economic and trade cooperation between Chongqing, Hong Kong, and Macau, while helping enterprises find more investment opportunities.

Source: China News

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