A bird's-eye view of Wuxi. [Photo/Wuxi Daily]
The GDP of Wuxi in East China's Jiangsu province expanded by 5.3 percent year-on-year in the first six months of this year, reaching 773.52 billion yuan ($107.76 billion), statistics from local authorities showed.
In the first half of the year, the city saw a total of 388.60 billion yuan in imports and exports, a year-on-year increase of 7.1 percent, surpassing the provincial average by 1.9 percentage points and increasing by 2.1 percentage points compared to the first quarter.
From January to June, the value added of industrial enterprises with foreign, Hong Kong, Macao, and Taiwan investments increased by 7.8 percent year-on-year, surpassing the city's average by 1.1 percentage points. Foreign investment in areas such as electronics and precision manufacturing, coupled with local industries, has led to the growth of a batch of innovative and high-tech products and brands, showcasing the competitive new advantages shaped by industrial upgrades and diversified cooperation.
In April of this year, Wuxi released policy suggestions for becoming a model city for "artificial intelligence plus", aiming to create a smart robotics industry cluster led by whole-machine enterprises, coordinated by parts suppliers, and featuring a wide variety of application scenarios.
By 2027, the industry aims to exceed 30 billion yuan in scale, with the number of related enterprises reaching 200, and create at least 300 typical application scenarios.