35 projects started in Chongqing Yubei, with investment exceeding 33.1 billion

Chongqing Yubei District signed agreements on 35 major investment projects including Changan Automobile Global Software Center, with a total investment of 33.11 billion yuan.

Chongqing Yubei District signed agreements on 35 major investment projects including Changan Automobile Global Software Center, with a total investment of 33.11 billion yuan.

Changan Automobile Global Software Center is the core of Changan Automobile’s plan called Beidou Tianshu. It plans to invest 5 billion yuan to closely keep up with the trends of new technologies such as AI, big data, 5G, internet of vehicles, and autonomous driving.

In addition, the total investment of another project Changan Kaicheng Automobile Project, which was signed and settled at the same time, reached 10 billion yuan. It is expected that the total sales of automobiles will be 1.48 million units and the operating income will be 74 billion yuan in 5 years.

Disclaimer: This is an article created by Michael Liang for Chinasdg.org. You can find the original article here: https://chinasdg.org/2020/06/23/35-projects-started-in-chongqing-yubei-with-investment-exceeding-33-1-billion/.

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