23 deals signed at Chongqing development summit

In recent years, the private economy in Sichuan and Chongqing has made vital contributions toward promoting the construction of the Chengdu-Chongqing Economic Circle — an important regional development strategy initiated in January 2020.

Last year, the added value of Sichuan's private economy surpassed 3 trillion yuan, accounting for 53.7 percent of the province's GDP. The added value of Chongqing's private economy reached 1.74 trillion yuan, accounting for 59.7 percent of the city's GDP.

At the summit, a declaration for boosting high-quality development and cooperation of the private economy in the Chengdu-Chongqing Economic Circle was released.

The summit, which will be held alternately each year by Chongqing and Sichuan, will promote the in-depth cooperation and synergetic development of private companies.