The Belt and Road Overseas Development Service Platform (Wuxi) was officially put into operation June 29, with the aim to provide better services for Wuxi enterprises to open foreign markets under the Belt and Road Initiative (BRI).
Five projects worth 10.3 billion yuan ($1.46 billion) were signed between the Wuxi National Hi-tech District (WND) and Asia Pacific Resources Development Investment Ltd (APRD) on June 23.
GE Healthcare China, a subsidiary of US industrial conglomerate General Electric Co (GE), launched its first batch of high-end ventilators produced in China on June 22, which will be put into production in Wuxi, East China's Jiangsu province.
As most street malls have reopened and many restaurants are again offering outdoor seating, Wuxi is once again bustling at night, and the nighttime economy is recovering quickly.
From January to May, the added value of large-scale industrial enterprises in Wuxi increased by 0.3 percent year-on-year, becoming positive for the first time this year, the Wuxi Industry and Information Technology Bureau announced on June 21.
The 2020 Wuxi (Shanghai) Technology Cooperation Fair, which aims to deepen cooperation on technological innovation, was held in Shanghai's Lujiazui on June 18.
Wuxi ranked fourth in terms of business environment among Chinese cities with active economies in a 2019 ranking published by the China Media Group on June 18.
The Start-up Investment Wuxi platform, working to support small and medium-sized scientific and technological talent and enterprises, has attracted nearly 1.9 billion yuan ($268 million) in investment from 74 enterprises over the past four years.
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