SK hynix, the South Korea semi-conductor manufacturer, will be opening another manufacturing plant (a total investment of $3.6 billion) in Wuxi.
Scientific and technological innovation has become the engine of social and economic transformation in Wuxi.
Representatives from Wuxi held in-depth discussions about the city's industry during Jiangsu's provincial National People's Congress.
The Wuxi National Hi-tech District held its first job fair after Spring Festival on Feb 4, offering 5,000 posts and attracting nearly 7,000 job hunters.
Wuxi National Hi-tech District's life science and technology industrial cluster was named as the pilot zone for Jiangsu province's strategic emerging industry development project.
Wuxi will set up a fund support of $3 billion to strengthen the integrate circuit industry in its 13th Five-Year Plan period (2016-2020).
Wuxi has been home to over 150 South Korean enterprises accounting for more than 90% of the city's total foreign enterprise investments.
Wuxi National Hi-Tech District, the industrial heart of Wuxi, made great strides over the past 12 months attracting foreign capital volume exceeding $1.26 billion.
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