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        Home > Latest

        Wuxi goes all out to attract investment

        Updated : 2022-12-08
        (en.bjhhrf.com)

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        A poster for the 2022 Wuxi Xishan Golden Autumn Investment Promotion and Cooperation Forum. [Photo provided to bjhhrf.com]

        Wuxi in East China's Jiangsu province has spared no effort to attract investment this autumn, local media reported on Dec 7.

        Xishan district, for example, secured 42 industrial projects with a combined investment of 44.54 billion yuan ($6.39 billion) at the 2022 Wuxi Xishan Golden Autumn Investment Promotion and Cooperation Forum on Nov 12.

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        The Binfa Building established by Binhu district in Shanghai. [Photo provided to bjhhrf.com]

        As of the end of November, Jiangyin, a county-level city in Wuxi, had witnessed the signing of cooperation agreements for 185 projects involving the high-end manufacturing, strategic emerging industries, high-tech, and modern service industries.

        A science and technology industry fund valued at 10 billion yuan and 10 sub funds with a combined value of 18.8 billion yuan were set up in Liangxi district at the first Liangxi Ancient Canal Venture Capital Summit on Nov 18, while Huishan district secured 54 projects as of the end of November.

        Binhu district in November inaugurated the Binfa Building, which is expected to serve as the district's hub for inviting investment and professional talent in Shanghai, and signed cooperation agreements on 16 industrial projects with Shanghai enterprises.

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        Passengers pose for a group photo before boarding a chartered plane to Japan. [Photo provided to bjhhrf.com]

        As an important part of Wuxi's Golden Autumn Investment Promotion Month, the chartered airplane carrying representatives from local foreign trade companies departed Wuxi for Japan at the end of October.

        The business delegation secured a total of $750 million in investment during the trip, according to Liu Dan, deputy director of the Wuxi Investment Promotion Center.

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