Home > Latest

Wuxi secures $1b worth of projects in HK

Updated : 2023-10-16
(en.wuxi.gov.cn)

640.jpg

A bird's eye view of Wuxi. [Photo/Wuxi Daily]

Wuxi in East China's Jiangsu province secured six projects worth $1.06 billion at an economic and trade cooperation and exchange meeting between Jiangsu and Hong Kong on Oct 13.

Jiangsu inked 37 projects with a combined investment of $3.3 billion at the meeting.

The projects secured by Wuxi focus on high-end manufacturing, headquarters economy, and strengthening cooperation between Wuxi and HK.

640 (1).jpg

A bird's eye view of Wuxi. [Photo/Wuxi Daily]

Impro Aerospace Technology Co plans to invest another $80 million in Wuxi, SJSemi plans to build a Chinese headquarters in Jiangyin, a county-level city in Wuxi, and CITIC Pacific Properties and AstraZeneca will integrate the resources of both cities to enhance cooperation between innovation platforms.

AstraZeneca will join hands with Guolian Group to build the Wuxi – AstraZeneca Hong Kong Innovation Center centering on biological medicine, intelligent manufacturing, and advanced materials.

As of June, HK had invested $148.47 billion in Wuxi, while in the Jan-June-period, Wuxi approved 58 HK-invested projects and its actual utilization of HK capital surged 35.6 percent year-on-year to $2.25 billion, making HK the major source of foreign capital in the city.

     
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