Blog


08

2025

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01

Chongqing is accelerating its efforts to become a leading hub for private equity fund development in Western China.

Release time:08 Jan,2025


On December 10, the 24th China Private Equity Annual Conference, guided by the Chongqing Municipal Party Committee's Financial Office and jointly hosted by Cygnus Equity, Investment Community, and Chongqing Yufu Holding Group, was held in Chongqing.

It was learned at the meeting that Chongqing is accelerating its efforts to become a leading hub for private equity fund development in western China, with the city's equity and venture capital industry steadily advancing and expanding rapidly. As of now, equity and venture capital funds have invested in 1,499 projects in Chongqing, with total investment reaching 157.28 billion yuan.

During the conference, the Municipal Party Committee's Financial Office actively promoted the deep integration of the venture capital industry with the real economy. They organized 20 leading institutions, including Shenzhen Venture Capital and Hillhouse Capital, to visit China’s “City of Intelligent Manufacturing,” where they experienced the vibrant pulse of advanced productivity. The delegation subsequently inspected five standout projects, such as Magic Cube Precision and Tailan New Energy.

During the conference, the "2024 China Private Equity Investment Development Report" highlighted Chongqing's robust performance in the venture capital industry. The report noted that Chongqing's VC sector has achieved remarkable results in fundraising, investment, and exit strategies. In particular, the city has successfully nurtured leading enterprises such as Seres and Avatr through fund investments in emerging fields like new-energy smart connected vehicles and electronic devices, attracting a cluster of upstream and downstream companies to thrive alongside them. This also underscores the strong investment capabilities and institutional development prowess of Chongqing's venture capital firms.

Source: Upstream News