Chongqing is a pretty major economic player in China. With 32 million people and bags of mineral wealth, as well as two navigable rivers, a big airport and a lot of money and encouragement from central government it has a lot going for it. It is China's fourth independent-of-provincial-capital municipality after Beijing, Shanghai, and Tianjin.
The Three Gorges dam has improved navigability of the Yangtze as far as Chongqing. The city also has the Jialing river, which has a confluence with the Yangtze at Chongqing. This page shows that Chongqing welcomes foreign investment in more-or-less any industry you could think of!
My impressions from my all-too-brief visit to the city were that it is a thriving hub, with bags of investment in property and infrastructure and cheap property, but reasonable yields. There is certainly a huge supply of new-build offices near the CBD, and offices are very cheap there - maybe as low as 5K RMB/ sq m. LiChao suggested that yields on retail could be as high as 7% with their magic in selecting an appropriate location.
My own feelings are that this is a major conurbation with prices comparable with Zhuhai, and well worth further investigation.
