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Shaxi town attracts growing foreign investment

chinadaily.com.cn | Updated: May 20, 2022

Shaxi town in Taicang, Jiangsu province registered over $107 million of foreign investments in the Jan-April period, up 176.34 percent year-on-year.

The town government said they organized a task force helping foreign-invested companies resume productions during the COVID-19 outbreak.

Each member of the task force worked as a liaison of about 10 companies to solve their troubles as soon as possible.

Video meetings and livestreams were held regularly to attract new investors.

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