Major city in south-west China presents many new investment opportunities.
A major delegation from Chinese city Chongqing was among participants from ten Asian countries to attend MIPIM.
Chongqing Municipal Government, exhibiting at MIPIM for the first time, gained further exposure by sponsoring MIPIM’s Asia lunch, a networking opportunity for investors looking at the region and Asian companies looking for foreign participation.
Delegates heard that Chongqing is undergoing massive redevelopment which will see the city almost double in size to 547,300 by 2020.
“We are the biggest city on the western side of China and so we hope to meet potential business partners in MIPIM,” said Zu Qianli, director general of the Chongqing Urban Construction Comprehensive Development Management Office, and a speaker at the conference China: Reward Versus Risk.
This was one of three sessions on the region staged as part of Asia Day, always the first day of MIPIM.
Zou Xiaoping, chairman of the China Council for the Promotion of International Trade, Chongqing Sub-Council (CCIPT), speaking at the Asian Lunch said: “Chongqing is demonstrably an area for new development in China.”
“Foreign friends” should not worry if they have missed the opportunity to develop in Pudong and other growth areas, because, said Zou, there are still major opportunities to be had in Chongqing.
This article appeared in the MIPIM Review 2011. Read more here.
Top image credit : Photobank gallery