Chongqing’s latest investment surge highlights the city’s firm push to implement its “33618” modern manufacturing cluster strategy, which targets the growth of strategic and emerging industries. Backed by this blueprint, Chongqing is rapidly expanding its industrial base, with manufacturing investment showing strong and sustained momentum.
Bridging News
Read in APP
From Copper to Cars: Chongqing's $88B Investment Wave Sparks Manufacturing Momentum
Chongqing – Chongqing signed 1,341 new investment projects in the first half of 2025, with total contractual value reaching 633.08 billion yuan (approximately $88.2 billion), according to the latest data from the Chongqing Municipal Commission of Economy and Information Technology.
An intelligent Great Wall Motors production base in the Yongchuan District of Chongqing. (Photo/Xinhua)
The data confirms this focused approach. In the first six months of the year, Chongqing secured 648 manufacturing-related investment deals worth 315.98 billion yuan. Of the 749 projects that broke ground during the period, 332 were in the manufacturing sector, accounting for 44.3% of the total. Manufacturing also attracted 71.56 billion yuan in actual capital inflow—about 42.7% of all funds received.
Several high-profile projects are further boosting Chongqing's industrial capacity. Tianxin Metallurgy is investing 50 billion yuan in a recycled copper facility with an annual production capacity of 500,000 tons, which will support the city's demand for advanced raw materials. Meanwhile, Asimco Technologies is investing 2 billion yuan in a new plant that produces automotive vibration reduction components. Both initiatives are expected to significantly enhance Chongqing's manufacturing ecosystem.
In addition to reinforcing core industries, Chongqing is actively addressing supply chain weaknesses and bottlenecks. More than 790 supply chain enhancement projects were signed in the year's first half, totaling nearly 370 billion yuan in contract value. These projects aim to improve industrial resilience and support the city's transition toward high-quality, innovation-driven growth.
For instance, to reduce dependency on external suppliers for lightweight aluminum alloys and high-performance composite materials, Chongqing has introduced key projects such as Hangyu Technology's advanced metal materials and smart equipment platform, and Yuchuang's recycled aluminum and high-end aluminum rod production base. These projects will serve local manufacturers in the new energy vehicle and intelligent equipment sectors, further strengthening domestic supply capabilities and consolidating the foundational pillars of the "33618" manufacturing system.
Related Stories