Netherlands-based HX Agriculture B.V. agreed to invest nearly 6 billion yuan ($897,69 million) in Yixing, a county-level city in Wuxi, East China's Jiangsu province.
The foreign trade of Wuxi in East China's Jiangsu province expanded 7.7 percent year-on-year to 223.04 billion yuan ($33.37 billion) in the first four months of this year.
The actual use of foreign capital in Wuxi, East China's Jiangsu province, increased by 34.1 percent year-on-year to $1.53 billion during the first four months of the year.
The registered capital of newly-funded foreign-invested companies in Wuxi, East China's Jiangsu province, reached 1.19 billion yuan ($176.47 million) in April, an increase of 95.68 percent year-on-year and ranking first in Jiangsu.
Wuxi in East China's Jiangsu province secured 38 industrial projects worth 93.47 billion yuan ($13.99 billion) at an online signing ceremony held on May 5.
The GDP of Wuxi in East China's Jiangsu province grew 3.8 percent year-on-year in the first quarter of 2022, reaching 323.697 billion yuan ($48.895 billion).
German science and technology company Merck signed an agreement to expand its first Asia Pacific Mobius single-use manufacturing center in the Wuxi National High-Tech District on April 28.
Wuxi Customs in Wuxi, East China's Jiangsu province, issued 1,763 RCEP certificates of origin to local foreign trade companies in the first three months of the year, benefiting $80 million worth of cargos.
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