In January, the Western (Chongqing) Science City signed 20 project contracts with an investment of over 27 billion yuan (about 4.18 billion U.S. dollars), completing 22.5% of the annual targets and tasks.

Chongqing High-tech Zone Incubation Building.

The Western (Chongqing) Science City is at the forefront of the city, with new-generation information technology, advanced manufacturing, mass health, and high-tech services all included in investment promotion.

Among them, a number of key projects of health have been signed collectively, with a total investment of 17.37 billion yuan.

Targeted investment promotion

"Using big data to facilitate targeted investment promotion, including cross-application of various big data intelligent systems, is the key driving force for our investment promotion." The relevant person in charge of Chongqing High-tech Industrial Development Zone explained.

Before introducing a biomedical project, big data can be applied to analyze the financial status and the national industrial layout of the enterprise, thus initially estimating the possibility of the enterprise investing in Chongqing. Then, coupled with the city's relevant industrial policies and industrial foundation, the enterprises selected will be allocated with the city's advantageous resources in policy and talent through the big data, thus catalyzing the signing of the project.

Optimize business environment

In addition to precise technical means, it is indispensable to deepen the reform of "streamlining

administration, delegating powers, strengthening regulation and improving government services", as well as improve the business environment for investment promotion.

With the innovation of "Internet + government services," the market supervision and taxation departments permit various handling and consulting services for local enterprises to meet their demands. To work with them, construction and planning departments coordinate a range of construction factors such as utilities, land, and fire protection, accelerating the project's implementation.

As phase I of the AI City project built by China Everbright Group in the Western (Chongqing) Science City, the AI Park project located on the bank of Fengming Lake profits from the reform of "streamlining administration, delegating powers, strengthening regulation and improving government services." The project started in December last year and concluded in February this year. This high efficiency should be credited to the Chongqing High-tech Industrial Development Zone taking the lead in launching the city's electronic construction permits.