Changzhou

Changzhou is a manufacturing hub in China's Yangtze River Delta, known as "Dragon City" (龙城), that crossed the trillion-yuan GDP threshold in 2023 to become the country's 25th "trillion-yuan city" and its youngest at the time . The city has built a national profile around two overlapping identities: as the "New Energy Capital" (新能源之都), where new-energy sector output exceeded 500 billion yuan in 2022 with growth of 96.5% across batteries, EVs, and photovoltaics ; and as an "international smart-manufacturing city" (国际化智造名城) with deep industrial foundations that it is now pushing toward AI-powered upgrading .

Local government and state-linked platforms have actively courted venture capital to bridge industry and financing. The "Well-known Investment Institutions Dragon City Tour" (知名投资机构龙城行) series, launched by the Changzhou Municipal Party Committee Talent Office, Finance Bureau, and Changzhou Investment Group, brings together domestic and foreign VCs with local enterprises . Yunqi Capital (云启资本) has been a repeat partner, co-hosting summits in 2023 and 2024 that convened its portfolio companies with Changzhou officials, SOEs, and industry leaders including Shanghai Jiao Tong University, around themes of AI, digitalization, new-quality productive forces, and overseas expansion .