Home > Latest

WRSA Overseas Returnees Town put into use

Updated : 2023-09-13
(en.wuxi.gov.cn)

The WRSA Overseas Returnees Town, the first of its kind in Jiangsu, was put into service in the Wuxi Economic Development District, Wuxi, on Sept 13.

Covering an area of 970 mu, or 64.67 hectares, the town is divided into a startup zone, core zone, and radiation zone. The 170-mu startup zone houses 13 buildings with a floor area of more than 200,000 square meters.

The returnees town is expected to become an important platform for returnee experts of the Western Returned Scholars Association to gather intellectual resources and inspire innovation as well as to attract high-level returnees and industrial projects in a bid to promote the development of the internet of things industry in the WEDD and Wuxi.

By 2025, the WRSA Overseas Returnees Town will be home to over 200 returnees' enterprises and its IoT industry will have a value of 50 billion yuan ($6.87 billion).

Wuxi's new landmark of IoT industry, the WEDD boasts a solid industrial foundation and has housed more than 100 IoT businesses. In the first five months of this year, the increase rate of the operating revenue of the WEDD's IoT and software and information technology service industries was ranked first in the city.

Why did WRSA open its returnees town in Wuxi?

The operating revenue of the IoT industry in the city exceeded 400 billion yuan in 2022, accounting for nearly 50 percent of the province's total and as of last year, the city housed over 3,000 IoT businesses which were granted a combined 2,000 invention patents per year.

In addition, the city has built more than 20,000 5G stations and its IoT funds are worth over 60 billion yuan, ranking first in China.


     
Videos
 
67df97dca310c240e2431499.jpeg

2025 Wuxi Marathon kicks off

微信截图_20250303090633.jpg

Wuxi's spring starts from Plum Garden

67a412dca310a2ab87b65ce1.jpeg

Sculpting the imagination

微信截图_20241129102133.jpg

Where to go hiking in Yixing

News
Sports
Videos
Photos
Business
Biz Updates
Industries
Development Zones
Companies
Travel
Attractions
Dining
Accommodation
Shopping
Entertainment
Transportation
Maps
Culture
Culture News
Heritage
Museums
Events
Services
Visa
Marriage
Healthcare
Jobs
Education
Useful Info
Government
Mayor
Departments
Districts
Policies
About
Overview
Statistics
Sister Cities
E-books
Copyright © China Daily. All rights reserved.
The Information Office of Wuxi Municipal People's Government.
Presented by China Daily.
备案号:京ICP备13028878号-34