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Target to Create the Accumulation Area of Multinational Corporation Headquarters and Strive to Attract Half of Fortune Global 500 Companies to Establish Headquarters in Chongqing

This year, Chongqing will accelerate issuing Interim Provisions for Encouraging Multinational Corporations to Establish Functional Organizations in Chongqing, so as to encourage Fortune Global 500 companies to establish regional headquarters in Chongqing, to create an accumulation area of multinational corporation in Chongqing and to attract as many as 250 companies from Fortune Global 500 companies.  
This year, Chongqing will carry out prior experimentation, implement diversified contribution by foreign merchants and set up pilot project of foreign investment M&A policy for commercial factoring, medical treatment, housekeeping, providing for the aged and other services. Meanwhile, Chongqing will boost the 10 big industry clusters and 10 urbanization clusters to use foreign capital for integration of relevant industrial parks and Chongqing city.
This year, Chongqing will also adopt a combination of methods to establish Chongqing as a regional international trade center: optimize foreign trade layout, complete research and development of export technology transformation, import interest subsidies, participation in overseas exhibition, trade financing and other promotion policies, and develop the offshore trade which integrates global trade operation and controls global trade resources, so as to stabilize export and expand import. Enlarge the functions of Bonded Port Area, strengthen strategic cooperation with international commercial banks and set up the pilot project of settlement for offshore trade. Establish the import collecting and distributing center, develop supply chain enterprises which integrate import distribution, logistics delivery, sales and settlement, and expand import of new energies, new materials and consumer goods. In addition, actively plan the construction of Free Trade Zone.
Meanwhile, Chongqing will also make efforts to extend international cooperation space, focusing on establishing Chongqing as the demonstration city of cooperation between Chinese provinces and municipalities and American states. Under the framework of cooperation between Chinese provinces and municipalities and American states, complete the economic and trade exchange mechanism between Chongqing and Los Angeles and California, establish Economic and Trade Representative Office of Sacramento in Chongqing, open the direct flight between Chongqing and America, and set up the collecting and distributing center of FedEx DHL and UPS in Western China. Strive to include shale gas development into the topic for discussion in China-US-Canada Joint Commission on Commerce and Trade of the Ministry of Commerce, and establish China-US shale-gas clean energy and ecological demonstration zone. Establish International business school jointly with Northwestern Polytechnic University, and attract 100 American Fortune Global 500 companies to invest in Chongqing.
   

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