On June 5, the long-standing speculation regarding the potential merger between Changan and Dongfeng, two prominent automobile central enterprises, was resolved with the temporary suspension of the merger plan. Instead, it was announced that a new automobile central enterprise will be established, with Chongqing as the probable location for its headquarters. This revelation indicates that the new enterprise will hold first-tier status within the central enterprise hierarchy, with Changan serving as its subsidiary. Given that Changan Automobile's headquarters are already situated in Chongqing, the city stands a strong chance of becoming the base of operations for this new central enterprise. As a first-tier central enterprise, this new venture will enjoy greater strategic autonomy and more direct resource allocation capabilities, presenting a substantial positive impact on Chongqing.