Why CAPAS?
- Participate as an exhibitor in one of Sichuan province's top 10 exhibitions
- Highlight logistics and commercial vehicles as this year's main focus, catering to the local and Central Asia markets
- Explore the region's burgeoning new energy and connected vehicle sectors
- Engage with the increasing demand for component supply and production
- Benefit from the robust regional economic growth and cater to the rising mobility needs for production and aftermarket.
Southwest China automotive market
The Sichuan and Chongqing regions are proactively supporting the development of the new energy and intelligent connected vehicle industry through policy incentives and the creation of industrial ecosystems. Sichuan encourages companies to establish research and development centers for technological innovation and digital transformation, while Chongqing has established an ecosystem with 19 car manufacturers and 1,200 major parts suppliers focused on new energy vehicles.
Chengdu leads in car ownership rates in China with 7.59 million vehicles. Additionally, Chongqing and Guizhou have seen significant growth in the new energy vehicle market, with a 22% year-on-year increase in car sales in Chongqing and a 29% increase in Guizhou during specific periods.
References:
Sichuan Provincial People's Government
Chongqing Municipal People's Government
Statistical Communiqué of Chengdu on the National Economic and Social Development
Chongqing Municipal Bureau of Statistics
Guizhou Provincial Bureau of Statistics
Chengdu-Chongqing Dual-city Economic Circle
The Chengdu-Chongqing economic rim, according to a meeting of the Political Bureau of the Communist Party of China (CPC) Central Committee on October 16, 2020, will represent Western China's new growth engine. In 2024, the regional GDP of this economic zone is reported to have reached 8.6 trillion yuan, which is approximately 6.5% of China's total GDP[1]. This represents a substantial increase from previous years, demonstrating the region's strong economic performance and contribution to the national economy.
The Chengdu-Chongqing economic circle witnessed a remarkable net inflow of 280 million person-times in the first three quarters of 2023, highlighting the region's attractiveness and potential for development[2]. The collaborative efforts between Sichuan and Chongqing in launching 320 key projects in 2025 further underscore the commitment to drive growth and development within the economic circle[3].
References
1. Chengdu-Chongqing GDP to Hit 8.6 Trillion Yuan, 6.5% of China's TotalSichuan
2. Chongqing Tops 280M Person-Times Inflow, Beats Past 3 YearsSichuan and
3. Chongqing to Launch 320 Key Projects in 2025 Focused on Infrastructure and Industries