The Bank of Ningbo opened a new sub-branch Wuxi on July 8, at Taihu Xincheng, the seventh the bank has opened in the city.
The Japanese Global Fortune 500 enterprise Ricoh will add a $90 million investment in Wuxi to build its second plant.
Wuxi, a manufacturing city in the Jiangsu province, leads towards innovative e-commerce and combines Internet of Things and foreign trade to transform it into a new point of economic growth.
China (Wuxi) International Data Center held a ground-breaking ceremony on July 7 for its 900 million yuan ($134.57 million) third-phase project.
The Ministry of Industry and Information Technology (MIIT) announced the setting up of an intelligent manufacturing (industrial robots) experts committee in Wuxi National Hi-tech District (WND) on July 5.
Wuxi AppTec, a pharmaceutical, biotechnology and medical-device research and development outsourcing company, announced it is to build a pharmaceutical production base in Wuxi National Hi-tech District (WND) on June 25.
The Wuxi government signed a strategic cooperation framework agreement on "Internet Plus and Smart City" with Alibaba Group on Jun 29.
Wuxi's Xishan district saw its first company go public on the board for small and medium-sized enterprises at the Shenzhen Stock Exchange on June 29.
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