Wuxi in East China's Jiangsu province issued a new working plan on March 31 to further improve the city's business environment and better serve market entities.
The Wuxi National Hi-Tech District of East China's Jiangsu province announced it will acquire 29.3 billion yuan ($4.5 billion) in investment during an investment promotion event in Shanghai on Wednesday, showing the area's attraction for innovation and entrepreneurship.
A total of 12 Wuxi-based enterprises were listed among the top 100 innovative enterprises in Jiangsu province in 2020, local media reported on March 30.
A total of 104 Fortune Global 500 companies have established 209 foreign-invested enterprises in Wuxi, East China's Jiangsu province, according to a statement at the Sino-Japan Enterprises Cooperation Forum on March 26.
The internet of things (IoT) industry cluster in Wuxi was included in the 25 key clusters of advanced manufacturing industries that will receive national support from the Ministry of Industry and Information Technology, local media reported on March 26.
Yadea Technology Group Co, a major manufacturer of two-wheeled electric vehicles (EVs), is one of the Chinese firms that are looking to increase their global sales by adding new stores, plants, and distributors in markets participating in the Belt and Road Initiative.
Jiangyin-based Jiangsu Changling Hydraulic Co Ltd made its debut on the main board of China's A-share market on March 22, raising 958 million yuan ($147.2 million) from its initial public offering.
Wuxi in East China's Jiangsu province saw robust growth in its foreign trade in the first two months of 2021, according to local customs.
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