Chengdu opens biopharma center and expands global trade ties
Chengdu commenced operations at the Chengdu Biopharmaceutical Scientific Computing Center on June 30, supported by an investment exceeding 200 million yuan from Chengdu Industry Investment Group Co., Ltd. and partners. The city also established Geely Technology (Sichuan) Co., Ltd. and launched economic and trade cooperation initiatives with Singapore and Kyrgyzstan. These efforts are part of a broader strategy to build a modern industrial system and facilitate global market access for local enterprises.
*this image is generated using AI for illustrative purposes only.
Chengdu has strengthened its industrial capabilities and international trade networks through the launch of a new biopharmaceutical facility and the establishment of cooperation mechanisms with Singapore and Kyrgyzstan. On June 30, the "Chengdu Biopharmaceutical Scientific Computing Center" officially commenced operations as the first indigenously developed facility of its kind in western China. The center was jointly established by Chengdu Industry Investment Group Co., Ltd., the Jinniu District Government, and Chengdu City Construction Investment & Management Group, with a total investment exceeding 200 million yuan.
On the same day, Geely Technology (Sichuan) Co., Ltd. was officially established in the Chengdu High-Tech Zone. This development aligns with Geely's increased investment in the low-altitude economy and new energy industries. Additionally, Chengdu Chip Valley launched China's first OPC community for the electronic information sector. According to the 2026 Global Unicorn Index released on June 25, Chengdu is home to 10 unicorn companies, ranking seventh among Chinese cities.
International Cooperation Mechanisms
Chengdu has simultaneously expanded its global reach through targeted economic and trade activities. On June 30, the city hosted the "Open Chengdu, Connecting the World" China (Chengdu)-Kyrgyzstan (Bishkek Free Economic Zone) Economic and Trade Cooperation Exchange. This event focused on sectors such as machinery manufacturing and logistics trade. During the same period, Chengdu and Singapore formally established a regular in-depth cooperation mechanism to create a one-stop service platform for enterprises expanding into Southeast Asia.
| Event | Date | Focus Area |
|---|---|---|
| Biopharmaceutical Center Operations | June 30 | R&D Infrastructure |
| Geely Technology (Sichuan) Establishment | June 30 | Low-altitude economy, New energy |
| China-Kyrgyzstan Trade Exchange | June 30 | Machinery manufacturing, Logistics trade |
| Singapore Cooperation Mechanism | June 30 | Enterprise expansion into Southeast Asia |
| South Korea Trade Exchange | June 15 | Business matchmaking |
Strategic Impact
The city's approach integrates domestic industrial strengthening with external openness. By partnering with Singapore to create a "fast track" for Southeast Asian expansion and collaborating with Kyrgyzstan and South Korea for Central and East Asian markets, Chengdu is building a global network for resource allocation. This normalized mechanism allows companies to access global services without leaving China, thereby reducing the costs and risks of cross-border expansion. The city is also introducing international professional services in compliance, finance, and law to optimize its business environment.
How will the new biopharmaceutical scientific computing center influence R&D collaboration speeds among western China's life science firms?
What specific low-altitude economy projects does Geely Technology plan to prioritize following its establishment in the Chengdu High-Tech Zone?
How might the Singapore cooperation mechanism alter the competitive landscape for Chinese enterprises expanding into Southeast Asia?
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