At a recent spring fellowship event, the synergy between Chengdu and Hong Kong was highlighted by compelling data: over 60% of Chengdu's total foreign investment comes from Hong Kong, with nearly 1,700 Hong Kong-funded enterprises operating in Chengdu and 28 Chengdu-based companies listed in Hong Kong. These figures left a strong impression on business representatives from both cities.

On the afternoon of February 11, the "Chengdu-Hong Kong Spring Fellowship: Embarking on a New Journey Together" event took place in Chengdu, bringing together approximately 400 participants, including government officials, entrepreneurs, and community leaders. The gathering focused on exploring development opportunities for the upcoming 15th Five-Year Plan period.

Despite the geographical distance, Chengdu and Hong Kong exhibit remarkable alignment in industrial innovation networks. As described by a representative from the Chengdu Investment Promotion Bureau, the two cities form an ideal partnership: Hong Kong’s financial capital, top-tier universities, and professional services provide Chengdu with robust capital momentum and regulatory expertise, while Chengdu’s well-established industries, efficient transformation capabilities, and vast market offer a solid foundation and growth potential for Hong Kong’s technological achievements.

During the event, two key opportunity lists were released: the "Chengdu Park Development and Investment Opportunities List" and the "Chengdu Products Going Global List." These documents signal a deeper collaboration between Chengdu and Hong Kong, particularly in areas such as artificial intelligence and fintech. Leveraging Hong Kong’s role as a "super connector," the partnership aims to help Chengdu-made products capture a larger share of the global market.

What changes will this bring to Chengdu? Woofly Longsky is poised to launch commercial low-altitude travel operations in Chengdu by October, while Guoxing宇航’s recent launch of a 12-satellite constellation marks a new era in space-based computing. According to the Chengdu Investment Promotion Bureau, Chengdu and Hong Kong are aligning their strengths in future industries—Hong Kong excels in finance, while Chengdu leads in hard technology.

In 2025, Chengdu’s GDP reached 2.48 trillion yuan, with total retail sales of consumer goods hitting 1.14 trillion yuan, ranking first among sub-provincial cities. Its industrial system, spanning 37 major categories and 184 sub-categories, supports an economy of over two trillion yuan. Emerging sectors like quantum technology, commercial aerospace, and advanced nuclear energy further strengthen its foundation for high-quality productivity, creating opportunities for Hong Kong enterprises in Chengdu.

As Chengdu’s most important overseas investment partner, Hong Kong has invested over $30 billion in the city, accounting for 63.19% of its total foreign direct investment. More than 1,700 Hong Kong-funded companies operate in Chengdu. Chengdu’s ambition to become a "Five Centers and Five Hubs" aligns with Hong Kong’s strategy of leveraging its strengths to meet national needs, fostering dynamic collaboration in low-altitude economy, commercial aerospace, and artificial intelligence.

The Hong Kong Trade Development Council, which has maintained a presence in Chengdu for 30 years, continues to facilitate economic exchanges. Recent efforts have shifted toward high-tech products, such as assisting Woofly Longsky in expanding its eVTOL aircraft into Hong Kong and overseas markets and supporting Guoxing宇航’s low-orbit satellite initiatives. The latter is expected to list on the Hong Kong Stock Exchange this year to bolster its global expansion.

The "Park Development and Investment Opportunities List" outlines 105 industrial parks and 288 specific projects across 17 key sectors, including AI and fintech. Attendees frequently photographed the details, indicating strong interest. The list spans from biopharmaceuticals in Tianfu New Area to future tech in Eastern New City, and from intelligent connected vehicles in Longquanyi to port-side manufacturing in Qingbaijiang, offering a clear roadmap for Chengdu-Hong Kong industrial cooperation.

As the Chengdu-Chongqing economic zone and the Guangdong-Hong Kong-Macao Greater Bay Area strengthen ties, Chengdu serves as a gateway to western China, while Hong Kong acts as a bridge to the world. Chengdu, now the third Chinese city with dual international airports, handles over 90 million air passengers annually and offers 10-hour connectivity to global hubs. Its China-Europe Railway Express, with 36,000 trips to date, provides nine-day access to Europe and three-day links to Southeast Asia.

Overnight high-speed trains and 24-hour logistics networks enhance Chengdu’s integration with the Yangtze River Delta and Greater Bay Area, complementing Hong Kong’s maritime hub. By 2026, Chengdu plans to establish a China-Europe Railway Express consolidation center and explore innovative "international rail + low-altitude logistics" models, aiming to handle over 1.2 million TEUs annually. This will elevate Chengdu-Hong Kong collaboration from industrial complementarity to strategic, logistical, and industrial integration.

Chengdu’s government work report emphasizes strengthening trade, promoting "Chengdu-made, globally sold" campaigns, and supporting local enterprises in expanding overseas. In the past year, trade between Chengdu and Hong Kong surged by 108.3% to 45.729 billion yuan, with deepening cooperation in life sciences, AI, equipment manufacturing, and cultural tourism.

Hong Kong’s stock market led global IPO fundraising last year, with 100 new listing applications received in January 2026 alone. Chengdu companies like Kelun-Biotech and Cha Ba Dao have already successfully listed in Hong Kong, with hopes for more to follow.

The "Chengdu Products Going Global List" features 295 industrial products, nearly 200 agricultural items, and 217 cultural creations. Chengdu’s semiconductors, new energy vehicles, Sichuan tea and liquor, and animation products are well-positioned to access global markets via Hong Kong. This list provides a clear and efficient cooperation framework, enabling Hong Kong’s international networks and professional services to connect Chengdu’s offerings with global opportunities.

Hong Kong enterprises can also explore joint ventures with Chengdu partners in branding, cross-border logistics, financial and legal services, and digital marketing. Conversely, Hong Kong’s innovations in green finance and professional services can tap into Chengdu and Sichuan’s vast market and industrial upgrade demands.