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Doing business in Chongqing

Industries and opportunities

Main companies

Industrial Parks

Law firms

Accounting and tax services

Chambers of commerce

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Business opportunities

Industries and opportunities

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Chongqing, a major city in southwest China, is one of the country’s four direct-controlled municipalities, alongside Beijing, Shanghai, and Tianjin. Known for its rapid industrial growth, strategic location along the Yangtze River, and historical significance, Chongqing has emerged as an economic powerhouse in western China.

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  1. Automotive Manufacturing

    • Chongqing is one of China’s largest automotive manufacturing hubs. The city is home to major domestic and international car manufacturers, as well as a vast network of auto parts suppliers. The automotive industry is a key driver of Chongqing’s economy.

    • Key Areas: Vehicle assembly, auto parts manufacturing, electric vehicles (EVs).

    • Notable Companies: Changan Automobile, Ford, and Lifan Group.

    • Opportunities: Chongqing’s automotive industry offers opportunities for foreign companies in auto parts manufacturing, electric vehicles (EVs), and automotive technology. Partnerships with local automakers or establishing production facilities in Chongqing can be profitable ventures.

  2. Electronics and IT

    • Chongqing has developed into a significant center for electronics manufacturing, particularly in laptop and smartphone production. The city’s IT sector is also growing, driven by investments in software development, cloud computing, and smart technologies.

    • Key Areas: Electronics manufacturing, IT services, software development, cloud computing.

    • Notable Companies: Hewlett-Packard (HP), Foxconn, and Inventec.

    • Opportunities: The growth of Chongqing’s IT sector presents opportunities for foreign companies in software development, cloud computing, and digital services. Foreign firms can collaborate with local tech parks or establish R&D centers to tap into the city’s growing tech ecosystem.

  3. Heavy Industry and Equipment Manufacturing

    • Chongqing has a strong tradition in heavy industry, including machinery, equipment manufacturing, and chemicals. The city produces a wide range of industrial equipment, from machinery for mining and construction to precision instruments.

    • Key Areas: Machinery, industrial equipment, chemicals, and materials processing.

    • Notable Companies: Chongqing Machinery & Electric Co., and Chongqing Iron & Steel.

    • Opportunities: Chongqing’s focus on upgrading its industrial base opens opportunities for foreign companies specializing in advanced manufacturing, robotics, and industrial automation. The city’s manufacturing sector is increasingly adopting smart technologies and automation.

  4. Logistics and Transportation

    • Due to its strategic location on the Yangtze River and its role as a transportation hub in western China, Chongqing has a well-developed logistics and transportation sector. The city serves as a key gateway for trade between inland China and international markets.

    • Key Areas: River and rail transportation, logistics services, warehousing, and e-commerce logistics.

    • Notable Projects: Chongqing International Logistics Hub, Chongqing-Xinjiang-Europe railway.

    • Opportunities: Chongqing’s strategic location as a logistics hub offers significant opportunities for foreign logistics companies, shipping firms, and supply chain management services. The city’s connections to the Belt and Road Initiative (BRI) enhance its appeal for global trade.

  5. Chemicals and Pharmaceuticals

    • Chongqing has a robust chemicals and pharmaceuticals industry, supported by its rich natural resources and strong industrial base. The city is a major producer of basic chemicals, specialty chemicals, and pharmaceutical products.

    • Key Areas: Chemical production, pharmaceuticals, and biomedicine.

    • Notable Companies: Chongqing Pharmaceutical Holding Group, and China BlueChemical.

    • Opportunities: The city’s established chemicals and pharmaceuticals industry provides opportunities for foreign companies in areas such as drug development, chemical production, and biotechnology. Joint ventures, R&D partnerships, and production facilities are potential areas of engagement.

  6. Tourism and Hospitality

    • Chongqing’s unique mountainous landscape, rich cultural heritage, and position as a gateway to the Yangtze River cruises make it an important center for tourism. The hospitality industry has grown to accommodate both domestic and international tourists.

    • Key Areas: Hotels, restaurants, cultural tourism, and cruise services.

    • Notable Attractions: Dazu Rock Carvings, Three Gorges, and Ciqikou Ancient Town.

    • Opportunities: Chongqing’s expanding tourism sector offers opportunities for foreign hotel chains, travel agencies, and cultural service providers. The city’s unique attractions and growing popularity among domestic and international tourists create demand for high-quality services.

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Main companies

Main companies

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  1. Changan Automobile

    • Industry: Automotive

    • Changan Automobile is one of China’s largest and most well-established automotive manufacturers. Founded in 1862, Changan is known for its wide range of vehicles, including passenger cars, commercial trucks, and electric vehicles (EVs). The company has a strong focus on research and development (R&D) and has numerous joint ventures with international automotive companies.

    • Headquarters:  Jiangbei, Chongqing

  2. Chang’an University

    • Industry: Education, Research

    • Although primarily an educational institution, Chang’an University plays a significant role in technological research and innovation in Chongqing. The university collaborates with various industries, including automotive and engineering sectors, contributing to technological advancements and industrial development.

    • Headquarters: Beibei District, Chongqing

  3. Chongqing Iron and Steel Company (CISDI)

    • Industry: Steel Manufacturing

    • Chongqing Iron and Steel Company, also known as CISDI, is a major player in China’s steel industry. The company is involved in the production of various steel products and has a comprehensive range of operations including steelmaking, processing, and logistics.

    • Headquarters: Jiangbei District, Chongqing

  4. Chongqing Brewery Group

    • Industry: Beverage, Brewing

    • Chongqing Brewery Group is one of the largest beer producers in southwestern China. The company produces a wide range of beer products and is known for its popular brands within the Chinese market. It also engages in the development and marketing of new beverage products.

    • Headquarters: Jiulongpo District, Chongqing

  5. Chongqing Lifan Industry (Group) Co., Ltd.

    • Industry: Automotive, Motorcycles

    • Lifan Industry is known for its production of motorcycles, automobiles, and engines. Established in 1992, the company has grown to become one of China’s leading motorcycle manufacturers and is involved in both domestic and international markets.

    • Headquarters: Yubei District, Chongqing

  6. Chongqing Hongjiu Co., Ltd.

    • Industry: Pharmaceuticals

    • Hongjiu is a prominent pharmaceutical company in Chongqing, focusing on the production of medical and health products. The company engages in the development and manufacturing of various pharmaceutical formulations and has a growing presence in both domestic and international markets.

    • Headquarters:  Donghu South Road Yubei Districtt, Chongqing​

Industrial Parks

Industrial Parks​​​

Chongqing Liangjiang New Area

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  • Established in 2010, Liangjiang New Area is one of China’s national-level new areas and is a central hub for high-tech industries, financial services, and advanced manufacturing. It is the first inland free trade zone in China, offering a range of incentives for foreign businesses. Location: Northern Chongqing.

  • Characteristics:

    • High-Tech and Advanced Manufacturing: The area focuses on industries such as electronics, IT, automotive, aerospace, and biomedicine.

    • Innovation Ecosystem: Hosts numerous R&D centers, innovation incubators, and partnerships with leading universities and research institutions.

    • Comprehensive Infrastructure: Liangjiang New Area provides modern infrastructure, including transportation, logistics, and utilities.

  • Benefits for Foreign Companies:

    • Policy Incentives: Tax benefits, simplified customs procedures, and financial incentives for innovation and high-tech investments.

    • Strategic Location: Proximity to Chongqing’s major transportation hubs, including Jiangbei International Airport and the Yangtze River port.

    • Talent Access: Availability of a highly skilled workforce and proximity to academic institutions.

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Chongqing Economic and Technological Development Zone (CETDZ)

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  • Established in 1993, the Chongqing Economic and Technological Development Zone (CETDZ) is one of the most important industrial zones in Chongqing, focusing on manufacturing, electronics, and machinery. It is particularly known for its automotive and equipment manufacturing industries. Location: Jiulongpo District, Central Chongqing.

  • Characteristics:

    • Automotive and Machinery Hub: Home to leading automotive manufacturers, parts suppliers, and machinery companies.

    • Integrated Facilities: Offers a full range of services, including logistics, supply chain management, and export support.

    • Strong Industry Clusters: The zone supports clusters in automotive, electronics, and machinery, creating a robust industrial ecosystem.

  • Benefits for Foreign Companies:

    • Cluster Synergy: Opportunities to collaborate with established automotive and machinery companies, benefiting from a mature supply chain.

    • Export Support: Specialized services for export-oriented businesses, including bonded warehousing and customs facilitation.

    • Cost-Effective Operations: Competitive land and labor costs compared to coastal cities.

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Chongqing High-Tech Industrial Development Zone (CHTIDZ)

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  • Founded in 1991, Chongqing High-Tech Industrial Development Zone (CHTIDZ) is one of China’s key high-tech zones, focusing on innovation-driven industries such as electronics, IT, biomedicine, and environmental protection. Location: Shapingba District, Central Chongqing.

  • Characteristics:

    • Innovation Focus: The zone prioritizes R&D, with numerous labs, incubators, and partnerships with local universities and research institutes.

    • Diverse Industry Base: Industries include software development, electronics manufacturing, biotechnology, and new materials.

    • Supportive Environment: CHTIDZ provides comprehensive support services for high-tech enterprises, including funding, legal, and IP services.

  • Benefits for Foreign Companies:

    • Innovation Incentives: Access to government grants, tax breaks, and subsidies for R&D activities.

    • Collaboration Opportunities: Strong links with local research institutions and universities, fostering innovation and technology transfer.

    • Strategic Partnerships: Opportunities to collaborate with leading Chinese and multinational high-tech companies.

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Chongqing Xiyong Micro-electronics Industrial Park

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  • Chongqing Xiyong Micro-electronics Industrial Park is a key area within the Chongqing High-Tech Industrial Development Zone, focusing on electronics, semiconductor manufacturing, and information technology. The park is a significant part of China’s strategy to develop its semiconductor industry. Location: Western Chongqing.

  • Characteristics:

    • Electronics and IT Focus: The park is dedicated to semiconductor manufacturing, electronics, and IT industries, with an emphasis on R&D and innovation.

    • Advanced Facilities: Equipped with state-of-the-art infrastructure for microelectronics manufacturing, testing, and R&D.

    • Global Industry Leaders: Hosts major global electronics and semiconductor companies, including HP, Foxconn, and Qualcomm.

  • Benefits for Foreign Companies:

    • Specialized Infrastructure: Access to cutting-edge facilities tailored to the needs of electronics and semiconductor manufacturers.

    • R&D Support: Government incentives for R&D activities, including subsidies and grants for innovation projects.

    • Talent Availability: A large pool of skilled professionals in electronics and IT fields.

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Chongqing Jiangjin Economic and Technological Development Zone

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  • Chongqing Jiangjin Economic and Technological Development Zone is a comprehensive industrial area that focuses on machinery, automotive components, chemicals, and environmental protection industries. Location: Jiangjin District, Southwestern Chongqing.

  • Characteristics:

    • Heavy Industry and Manufacturing: The zone specializes in heavy industries, including machinery, automotive parts, and chemical production.

    • Environmental Focus: The zone promotes sustainable practices and environmental protection technologies.

    • Logistics and Distribution: Strategically located near major transportation routes, including railways and highways, facilitating logistics and distribution.

  • Benefits for Foreign Companies:

    • Lower Costs: Competitive land prices and operational costs compared to more developed areas.

    • Sector-Specific Support: Tailored services and incentives for industries like machinery, automotive, and chemicals.

    • Environmental Compliance: Assistance with meeting Chinese environmental regulations and access to sustainable technologies.

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Chongqing Lianglu Cuntan Bonded Port Area

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  • Chongqing Lianglu Cuntan Bonded Port Area is China’s first inland bonded port, established to facilitate trade and logistics in the western region. It plays a crucial role in Chongqing’s export-oriented industries, particularly in electronics, automotive, and machinery. Location: Yubei District, Northern Chongqing.

  • Characteristics:

    • Comprehensive Bonded Services: The area offers a full range of bonded services, including warehousing, logistics, and export processing.

    • Trade Facilitation: Simplified customs procedures and tax incentives for export-oriented businesses.

    • Strategic Positioning: Located near Chongqing Jiangbei International Airport and the Yangtze River, providing efficient access to global markets.

  • Benefits for Foreign Companies:

    • Trade Incentives: Duty-free import and export, VAT exemptions, and streamlined customs clearance processes.

    • Logistics Efficiency: Proximity to major transportation hubs enhances the speed and cost-efficiency of international trade.

    • Business Ecosystem: Access to a network of logistics providers, manufacturers, and service providers specialized in international trade.
       

Legal services

​​​​Law firms 

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Chongqing Yuanbing Lawyers Office
Address: 12th Floor of Hilton Business Center, 3rd Zhongshan Road, Yuzhong District, Chongqing - Website: http://www.yblawyer.com

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Chongqing Zhihao Law Firm
Address: Liang Lu Kou Xin Gan Xian Building B, 22 Floor, Chongqing - Website: http://www.cqzhihaolaw.com

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Chongqing Zhonghao Lawyers Office
Address: N. 68 Zourong Rd., 22 Fl. Daduhui Plaza, Yuzhong District, Chongqing - Website: www.zhhlaw.com

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Solton & Partners Chongqing
Address: 9/F., Building 4, Corporate Avenue, No.5 Ruitian Road, Yuzhong District, Chongqing - Website: www.solton.com.cn

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Tax, accounitng audit

Accounting and tax services


Chongqing Zhongding Accounting Office Co., Ltd.
Address: 13/F, Yuhai Mansion, No.329, Minsheng Road, Yuzhong District, Chongqing
Website: www.zd023.com.cn

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Chongqing Shunda CPA
Address: Floor 8, Canon Mansion, No.123, Baiyan Rd., Wanzhou District, Chongqing

 

Chongqing Tongguan CPA
Address: No.1-4, Building B1, No.58, Changjiang First Road, Yuzhong District, Chongqing 
Website: www.bntggroup.com 

 

Chongqing Haite CPA
Address: 22/F, Daduhui Commercial Building, No.68, Zourong Road, Yuzhong District, Chongqing

 

Chongqing Jinpeng CPA
Address: No.1, Tiyu Road, Zhongzhou Town, Zhong County, Chongqing

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Chambers of Commerce

Chambers of commerce

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European Union Chamber of Commerce in China

Address: 105, A2 Block, SinoSwiss Technopark, Jinzhou Avenue, Yubei District, Chongqing, China - Website: www.europeanchamber.com.cn

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Swiss Chinese Chamber of Commerce in China

Address: Huang Shan East Road 68, Building 27, Yubei District, 401121 Chongqing, China - Website: www.swisscham.org

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China-Italy Chamber of Commerce

Address: Floor 1A, Unit A2, SinoSwiss Technopark  (SSTP), No. 5 Pinghe Road, Yubei Distric, Chongqing - Website: www.cameraitacina.com

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Singapore Chamber of Commerce and Industry in China (SingCham)

Address: Unit 1, Floor 24, No.188 Minzu Road, Yuzhong District, Chongqing - Website: www.singcham.com.cn

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