Western China International Fair Secures $49.3 Billion in Investment Deals

The 20th Western China International Fair, which commenced on May 25, 2025, in Chengdu, the capital of Sichuan province, has achieved significant success by signing a total of 416 investment projects valued at an impressive 354.3 billion yuan (approximately $49.3 billion). This five-day event has drawn over 3,000 exhibitors across an expansive exhibition area of 200,000 square meters.

Representatives from 62 countries and regions participated, alongside exhibitors from 27 provincial-level administrative regions of China, including 61 companies from the Fortune Global 500. The fair is initiated under the theme "Invest in Western China," demonstrating the strong development momentum and market potential of the western region of China.

One of the key highlights of the fair has been the participation of various international companies, showcasing their products and services. For example, Chen Ping, the director of the Southwest China branch of the Hungarian Export Promotion Agency, mentioned that their office facilitated the presentation of over a dozen Hungarian companies, featuring products such as wines, spices, snacks, and cosmetics in the Hungarian national pavilion. Chen noted, "The western region of China has exhibited remarkable development and strong market potential. We hope to continue expanding the market for high-quality Hungarian products through this fair."

Furthermore, on May 25, a signing and launch ceremony for the 15th Western China International Contracting Fair was held at the Western China International Exhibition City. Under the slogan "Deepen Reform for Greater Momentum, Expand Openness for Greater Growth," this event invited government representatives from more than 60 countries and regions, including the United States, Australia, Spain, Uruguay, Thailand, and Iceland. It also welcomed representatives from embassies and consulates in China, foreign business associations, multinational corporations, and leading enterprises.

At the fair, over 30 projects were signed on-site, amounting to nearly 7 billion yuan in anticipated total investment, focusing on critical areas such as new energy initiatives, energy storage projects, and agricultural products. The remarkable turnout and investment interest underscore the commitment to promoting the western region as a burgeoning hub for investment opportunities and economic growth.

In essence, the Western China International Fair has become a pivotal platform for fostering collaborations and investments, facilitating international trade relations, and showcasing the innovative and diverse potential of the western provinces of China. As the fair continues to grow, it is poised to play an instrumental role in shaping the region's economic landscape in the coming years.