Chengdu Signs 111 Projects Online, Offline, Totally Worth Over RMB186 Bln

Authors: Go Chengdu

2020-03-25

Chengdu, since the corona virus (COVID-19) outbreak, had signed 111 projects both online and offline by March 20, with a total investment of close to RMB186.29 billion, according to the latest statistics from the Chengdu Investment Promotion Bureau (CIPB).
During a recent talk show on Chengdu Television Station, Mr. Benjamin Wang, Chairman of the American Chamber of Commerce in Southwest China (AmCham Southwest), speaks highly of the creative working mechanism established by the CIPB to help foreign-funded businesses resolve the difficulties and problems they face, "We receive questionnaires frequently from the CIPB about the problems the American-funded companies in Chengdu is confronted with. After we collect the feedbacks of our members, including their recent needs and requests during the COVID-19 prevention and control, and send them to the bureau, we receive effective responses and solutions pretty soon. And it always keeps us updated about the latest policies of the Chinese governments at different levels. Through online communication, we can help the American companies to make prompt decisions for their business operations. "
Chengdu investment
Being the most favoured investment destination in southwestern China for American businesses, Chengdu has been home to nearly 600 US-funded companies, which specialize in IT, high-end manufacturing, financial insurance and retailing. The China Business Climate Survey co-published by the AmCham Southwest and AmCham Shanghai shows that Chengdu has become the first choice of American companies to make investments in China's second-tier cities for 10 straight years since 2008.

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