Business · Companies · 1 hr ago
Kaizhou draws returning entrepreneurs to build local industries
In Kaizhou district of Chongqing, China, local authorities are bringing entrepreneurs back to build businesses at home.
Many people from Kaizhou have moved elsewhere to work, and the district says about 500,000 are living away.
A park launched in June called the “6070” industrial park has attracted 28 projects worth 5.335 billion yuan in planned investment in just over four months.
The projects include advanced materials, electronics, smart manufacturing, biomedicine, food processing and other industries.
Two returning entrepreneurs have built companies in Kaizhou making plastic additives and water-treatment equipment, with support such as help with permits, research links and funding.
The district also uses a bank card scheme to turn business transactions made elsewhere into credit records that can support investment back home.
Kaizhou aims to grow the park to more than 100 businesses by 2030, create at least 5,000 local jobs and reach annual output of 5 billion to 10 billion yuan.
Kaizhou’s “6070” returning entrepreneurs industrial park has attracted 28 industrial projects with total investment of 5.335 billion yuan in just over four months of operation.
The park, which began operating in June, focuses on six industrial chains, including advanced materials, intelligent manufacturing and food processing.
Kaizhou is using hometown ties, business services and financial support to encourage entrepreneurs and investment to return.
By the end of 2025, the district had attracted more than 100,000 people to start businesses there, creating 37,000 businesses and about 390 billion yuan in total investment.
Two returning entrepreneurs have built businesses in functional polymer materials and water treatment with local government support.
- Who
- Kaizhou district and entrepreneurs originally from the area who have returned to start businesses.
- What
- The district is attracting returning entrepreneurs and investment through an industrial park and business and financial support.
- When
- The park began operating in June 2026 and had attracted 28 projects after just over four months.
- Where
- Kaizhou district, Chongqing, China.
- Why
- The district aims to bring back capital, projects, technology and talent and develop local industries.
This story does not have two clearly opposing sides.
Fu Daitong identified an opportunity in the water-treatment market while attending an exhibition in Guangzhou.
After Kaizhou officials learned he was considering returning, Haitong Environmental Protection settled in the district following more than seven months of talks.
Chen Tanqing returned from Dongguan and established a factory in Kaizhou.
Chen’s company began production in Kaizhou.
The “6070” returning entrepreneurs industrial park began operating.
The park had attracted 28 industrial projects with total investment of 5.335 billion yuan.
- Industrial projects attracted
- 28
- Total project investment
- 5.335 billion yuan
- Park’s six focus industries
- Advanced materials; next-generation electronic information; intelligent manufacturing; biomedicine; trendy toys; food and agricultural product processing
- Returning entrepreneurs by end of 2025
- More than 100,000
- Businesses created by returnees
- 37,000 entities
- Investment by returnees
- About 390 billion yuan
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What people are saying
Products have been exported to more than 20 countries and regions, including Turkey, the Netherlands and Indonesia, and in the next three years we will build a production line in Egypt to develop the African market.
From its establishment to its growth, Kaizhou has always stood alongside the enterprise.
In the past, enterprises chased after the government; now the government is pushing enterprises forward.