Chen Yu leads Chongqing Wansheng's investment and trade delegation to Yangzhu Technology to jointly explore new opportunities for "replacing plastic with bamboo" collaboration.

On July 11, 2025, Chen Yu, Deputy Secretary of the Party Working Committee of Chongqing Wansheng Economic and Technological Development Zone, led a business investment delegation to Fujian Yangzhu New Materials Technology Co., Ltd. (hereafter referred to as "Yangzhu Technology") for an inspection and exchange visit. The two sides engaged in in-depth discussions centered around Yangzhu Technology's planned investment project in Wansheng Economic Development Zone—a comprehensive, full-industry-chain initiative aimed at producing 500,000 tons of bamboo-fiber-based, fully biodegradable materials annually—jointly charting a new chapter in the development of the green new materials industry.

The government prioritizes collaborative efforts toward green development.

Accompanied by Yangzhu Technology’s General Manager Rao Shizhen, the delegation toured the company’s R&D center and its intelligent demonstration production line, gaining an in-depth understanding of Yangzhu Technology’s core technologies and innovative achievements in areas such as bamboo fiber extraction, bio-based material modification, and advanced applications in end-use products. Vice Secretary Chen Yu expressed high praise for Yangzhu Technology’s cutting-edge approach to replacing plastic with bamboo, leveraging the region’s abundant bamboo resources. He noted that Wansheng Economic Development Zone boasts exceptional bamboo resource endowments, a robust industrial infrastructure, and a favorable business environment—making it an ideal fit for the development of the bamboo-based new materials industry. The zone is committed to providing unwavering support for the Yangzhu Technology project, offering the utmost sincerity, optimal policies, and comprehensive safeguards to ensure its successful establishment and growth. Together, they aim to jointly build a nationally recognized hub for bamboo-fiber biodegradable materials, driving both regional green transformation and sustainable economic development.

The core project of this negotiation— the "500,000-ton-per-year full-industry-chain project for bamboo-fiber-based, fully biodegradable materials"—is a pivotal component of Yangzhu Technology's strategic roadmap. The project is designed to span the entire value chain, from high-quality bamboo fiber raw material preparation and bio-based biodegradable material synthesis, all the way to the manufacturing of downstream products such as film bags, tableware, and injection-molded items. With its high technological sophistication, extensive industrial linkages, and strong ripple effects, the project, once completed, will not only significantly enhance the high-value utilization of bamboo resources but also play a critical role in accelerating the widespread replacement of conventional plastics with eco-friendly, next-generation materials—thus contributing meaningfully to the achievement of China’s "Dual Carbon" goals.

Deepened exchanges, with vast potential for collaboration

During the negotiation meeting, both sides engaged in practical and efficient discussions on key topics such as project site selection and planning, resource allocation, policy support systems, and collaborative market expansion. Yangzhu Technology General Manager Rao Shizhen stated: "Wansheng Economic Development Zone boasts outstanding location advantages and a thriving industrial ecosystem. Moreover, the government's unwavering commitment to supporting green industries deeply resonates with our company's core philosophy—'rooted in nature, returning to nature.' Locating this project in Wansheng is a strategic decision for Yangzhu Technology to strengthen our nationwide presence and accelerate the commercialization of cutting-edge technologies. We look forward to partnering with Wansheng to turn this project into a flagship initiative that integrates technological innovation, green manufacturing, and circular economy principles—paving the way for robust, sustainable growth and injecting powerful green momentum into the region's high-quality economic development."

This visit and discussion mark a significant step forward for Fujian Yangzhu Technology and Chongqing Wansheng Economic Development Zone in scaling up the bamboo-fiber, fully biodegradable materials industry. The two sides will further strengthen their collaboration, accelerate preliminary project work, and strive to achieve mutual success and win-win outcomes at the earliest possible date.