On February 20, the CPC Changzhou Municipal Committee and the Changzhou Municipal People’s Government hosted the New Year Reception for the 2025 Changzhou-Shanghai Trade, Investment, and Innovation Cooperation Week in Shanghai. The event attracted over 200 representatives from prominent global corporations, including Fortune 500 companies, multinational enterprises, chambers of commerce, and key state-owned enterprises across industries such as manufacturing, technology, finance, talent, and cultural tourism. The gathering provided a platform for strengthening economic ties, exploring mutual development opportunities, and advancing innovation cooperation between Changzhou and Shanghai.

Opening Remarks by Zhou Wei

Zhou Wei, deputy secretary of the CPC Changzhou Municipal Committee and mayor of Changzhou, delivered the opening speech. He expressed gratitude on behalf of the municipal leadership to all those who have supported Changzhou’s economic and social progress. Zhou noted that this year marks the 19th consecutive occasion Changzhou has hosted the event in Shanghai. As an integral part of the Yangtze River Delta (YRD) city cluster, Changzhou has witnessed consistent economic exchanges, industrial collaboration, and regional coordination with Shanghai. Looking ahead, Changzhou aims to further open its doors to attract more businesses, talent, and investment from Shanghai, continuing to drive forward China’s modernization efforts.

Strengthening Changzhou's Industrial and Innovation Landscape

Zhou highlighted Changzhou’s robust industrial foundation, which acts as a strong catalyst for business innovation. The city boasts a comprehensive manufacturing sector, supported by a wide array of industries and solid infrastructure. Changzhou is committed to establishing itself as the New Energy Capital and optimizing its innovation ecosystem, which will invigorate sectors like finance and industrial development. The city offers ample opportunities for businesses to integrate quickly into industrial chains, access rich talent pools, and secure necessary funding.

Changzhou’s Strategic Regional Position

Zhou also emphasized Changzhou’s strategic position within national and regional development frameworks, including the Yangtze River Economic Belt, the YRD integrated development, and the Suzhou-Wuxi-Changzhou metropolitan area. These initiatives elevate Changzhou’s regional influence, presenting significant growth opportunities for enterprises aiming for sustainable success. Furthermore, Changzhou’s advantageous geographical location between the Yangtze River and Taihu Lake, coupled with its status as a national logistics hub, strengthens the city’s appeal for businesses seeking efficient access to diverse markets.

Business-Friendly Environment and Entrepreneurial Support

Zhou reiterated the city's first-class business environment, noting Changzhou’s reputation as a national benchmark for business-friendly cities. The city prioritizes manufacturing and the real economy, considering entrepreneurs its most valuable assets. Changzhou provides strong legal protections for businesses and remains committed to fostering long-term industry growth through strategic investments.

Keynote Speakers Highlight Changzhou’s Potential

The event featured keynote speakers such as Yu Jing, vice president of Medtronic; Zhang Ping, chairman of Beijing Energy International Holding Co., Ltd.; Han Wei, vice president of BASF (China); and Yuan Jianjun, executive deputy director of the Shanghai Robot Research Institute. The speakers praised Changzhou for its dynamic industrial atmosphere and innovation-driven ecosystem, reinforcing their confidence in continuing to invest and expand in the city. They pledged to deepen cooperation with Changzhou’s government and contribute to the city’s high-quality development.

Major Project Signings and Future Investments

During the event, 30 major projects were signed, covering sectors like new energy, robotics, semiconductors, and cultural tourism, with a total investment of 30.81 billion yuan. It was also announced that Changzhou plans to launch 265 new projects in the first quarter of the year, with an estimated total investment of 88.28 billion yuan.

The event showcased investment opportunities in emerging fields, including intelligent connected vehicles, solid-state batteries, hydrogen energy, synthetic biology, and artificial intelligence. Changzhou continues to welcome entrepreneurs, experts, and investors to explore the city’s vast potential and contribute to its ongoing growth and innovation.

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