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Industrial transformation and upgrading is an important task of supply-side structural reform in the context of the new normal. Historically, government investment has had an important impact on industrial development. Innovating government investment mechanisms and models is a useful attempt to promote industrial transformation and upgrading in the new era. Take the ChengduChongqing Economic Zone as an example. The government investment factors in the manufacturing structure of the two cities are obvious. They focus on improving the competitiveness of ChengduChongqing Economic Zone and long-term development. The level of cooperation in the division of labor in the two cities needs to be improved to realize the transformation and upgrading of regional manufacturing. By building an industry-led fund approach, giving full play to the advantages of the market allocation of resources may be a path model worth exploring.

Research on the Investment Cooperation between Sichuan and Chongqing Based on the Motives of Manufacturing Transformation and Upgrading