Binhu district in Wuxi, East China's Jiangsu province. [Photo/WeChat account: wxbhfb]

In a dedicated effort to propel industrial growth, Binhu district in Wuxi, East China's Jiangsu province has taken a series of measures to enhance its industrial services this year.

For example, the district has reinforced its commitment to fostering a conducive environment for talent. The living subsidies for graduates from the world's top 100 universities have increased from 10,000, 30,000, and 50,000 yuan ($1,385, $4,154, and $6,924) to 30,000, 50,000, and 100,000 yuan, respectively. Additionally, the district has laid out a plan to provide 4,000 apartments for talent throughout the year.

Binhu has also made a substantial financial contribution to further support local market entities. A projected 1.35 million yuan will be disbursed to aid 15 small and micro-enterprises, while 41.46 million yuan will be earmarked to assist 35 enterprises related to the Taihu Bay Sci-Tech Innovation Belt.

To ensure the smooth progress of major projects, Binhu authorities are carrying out on-site visits to offer tailored solutions to their problems.

The district's steadfast dedication to nurturing talent, providing financial backing, and overcoming challenges demonstrates its commitment to propelling both local and global enterprises to new heights.