Core Insights - Chongqing has established a total of 8,753 foreign-funded enterprises, with 322 of the world's top 500 companies having operations in the city, significantly contributing to local economic growth [1][2] Economic Impact - Foreign enterprises account for approximately 1/15 of urban employment, contribute around 50% of the city's import and export volume, and provide 1/10 of the local tax revenue, highlighting their role as a key driver of economic development [1] - The Chongqing Municipal Commission of Commerce emphasizes that foreign investment is a strong support for developing new productive forces and achieving modernization in China [1] Industrial Development - Major foreign companies are aiding the construction of the "33618" modern manufacturing cluster system, with projects from firms like STMicroelectronics, Corning, and Siemens enhancing the local industrial landscape [1] - These investments promote the establishment of green factories, expand industry-academia-research cooperation, and introduce advanced technologies, management practices, and international talent, facilitating the transformation of manufacturing towards high-end, intelligent, and green development [1] Improvement in Living Standards - Foreign enterprises have diversified consumer choices for residents, introducing international retail options like Walmart and Decathlon, as well as enhancing healthcare resources through foreign medical institutions [2] - The presence of foreign banks and educational institutions provides residents with better financial services and international education resources, contributing to a richer lifestyle [2] Policy and Future Plans - Chongqing is continuously building a comprehensive service system for foreign investment, including the establishment of a "smart service cloud platform" and a dedicated administrative service team [2] - Future initiatives include promoting the "Invest in Chongqing" brand, organizing international investment negotiations, and strengthening the protection of foreign investment rights to attract more quality foreign capital for high-quality development [2]