{"id":45483,"date":"2026-07-05T01:22:00","date_gmt":"2026-07-05T01:22:00","guid":{"rendered":"http:\/\/www.prnasia.com\/story\/archive\/4997989_AE97989_0"},"modified":"2026-07-05T01:22:00","modified_gmt":"2026-07-05T01:22:00","slug":"chongqing-summit-seeks-to-bridge-capital-and-industry-as-city-accelerates-economic-transformation","status":"publish","type":"post","link":"https:\/\/transmediavictoria.net.au\/?p=45483","title":{"rendered":"Chongqing Summit Seeks to Bridge Capital and Industry as City Accelerates Economic Transformation"},"content":{"rendered":"

CHONGQING, China<\/span>, July 5, 2026<\/span> \/PRNewswire\/ — A major financial summit was held in Chongqing on July 3 aimed at strengthening connections between capital and the city’s innovation-driven industries.<\/span> The “Financial Support for High-Quality Development” conference featured deal-signing, investment pitches, panel discussions, and startup showcases, all designed to channel more private and institutional funding into local supply chains, technological innovation, and infrastructure projects. The event served as a targeted matchmaking platform\u2014connecting companies seeking growth capital with financial institutions looking for investment opportunities in one of China’s fastest-growing urban centers.<\/p>\n

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During the conference, the city unveiled four new financing lists covering industrial, technological, infrastructure, and state-owned enterprise projects. In total, 549 projects are seeking approximately RMB419.4 billion in funding. Following multiple rounds of matchmaking, 60.66% of these projects have already secured matching investors<\/span>. As of the end of the first quarter, the city’s medium- and long-term manufacturing loans reached RMB298.5 billion, while sci-tech lending hit RMB870 billion\u2014up 13.9% and 13.1% year-on-year, respectively.<\/p>\n

Beyond project pipelines, the conference delivered tangible outcomes: 56 contracts valued at RMB154.9 billion were signed on-site. The funds are directed toward some of China’s most dynamic industrial sectors, including connected electric vehicles and next-generation electronics manufacturing. Perhaps more telling is the diversity of financial backers\u2014banks, securities firms, and asset managers all participated.<\/span><\/p>\n

Zhang Zemin, an academician at the Chinese Academy of Sciences, said Chongqing is cultivating a collaborative ecosystem that unites universities, research institutes, hospitals, and corporations. He called on investors to focus on early-stage, innovative companies developing hard-tech healthcare technologies. Separately, Yin Qi, chairman of Afari Technology, observed that artificial intelligence and the automotive industry are now advancing in tandem. He urged deeper integration of R&D, manufacturing, capital, and talent to foster a self-sustaining industrial environment.<\/p>\n

Executives from three major financial institutions\u2014Xu Siwei, chairman of state-owned China Reform Holdings Corporation; Chen Liang, chairman of China International Capital Corporation (CICC); and Li Liang, founding partner of Hillhouse\u2014said they would continue to increase investment to drive Chongqing’s technological innovation and industrial transformation by strengthening collaboration between finance and industry.<\/p>\n

The event, organized by the Chongqing municipal government in partnership with its finance, technology, industry, and economic planning agencies. Two off-site sessions, held in the regional hubs of Wanzhou and Yongchuan, will explore each region’s role in Chongqing’s future growth.<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"

CHONGQING, China, July 5, 2026 \/PRNewswire\/ — A major financial summit was held in Chongqing on July 3 aimed at strengthening connections between capital and the city’s innovation-driven industries. The “Financial Support for High-Quality Development” conference featured deal-signing, investment pitches, panel discussions, and startup showcases, all designed to channel more private and institutional funding into local […]<\/p>\n","protected":false},"author":8,"featured_media":45484,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[20],"tags":[],"class_list":["post-45483","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business-news"],"yoast_head":"\nChongqing Summit Seeks to Bridge Capital and Industry as City Accelerates Economic Transformation - My Blog<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/transmediavictoria.net.au\/?p=45483\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Chongqing Summit Seeks to Bridge Capital and Industry as City Accelerates Economic Transformation - 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