Investment Opportunities In Wuxi

One of Worldwide Safest City for Offshore Outsourcing 2010

Wuxi, which covers 4,788 square km and with a population of 4.67 million, is located at the middle of Yangtze River Delta, bounded by Taihu in the south and Yangtze River in the north.  Administratively speaking, Wuxi has 2 county-level cities (Jiangyi and Yixing) and 7 distrits (Xishan, Huishan, Binhu, New District, Chong’an,  Nanchang and Beitang). 

In terms of economy growth, Wuxi’s GDP reached USD$90 billion and its GDP per capital was USD$14,000 in 2010.  By the end of 2010, 12,640 foreign enterprises, with a total paid-in registered capital over USD$34.6 billion, made their marks in Wuxi.  The froreign corporations include 76 Fortune 500 MNCs.  Wuxi has business relations with more than 200 countries and regions and its imports and exports totaled USD$61.22 billion in 2010.

Ample Functional  Parks and Solid Technical Support

At present, over 10 state-of-the-art software and outsourcing parks are in operation. The parks,  with a total floorage area over 5 million square meters, possess comprehensive functions, competitive strength and various features. Wuxi boasts lots of high-level public service platforms, such as IBM-China Cloud Computing Center, the first of its kind in business operation in the world and China Telecom International Data Center (Tier 4), and so on.  With comprehensive telecommunication and network infrastructure, Wuxi has become a key node city of China’s Telecommunication Grid.  By easy “bag check-in”, service providers can enjoy low cost and ready-made state-of-the-art infrastructure of Wuxi.

Wuxi Innovation Park (I-Park)

Wuxi Knowledge Park (K-Park)

Facts:

• China top 10 Economic Cities, 2010

• Forbes China top 10 Best City for Business, 2010

• Safest City for Offshore Outsourcing

• Ranked No. 6 in China in Terms of Industrial Output

• 75 Fortune 500 MNCs established 144 companies in Wuxi

• Over 6000 foreign enterprises invested in Wuxi till end of 2009

• China Service Outsourcing Model City

• China National Cloud Computing Service Innovation Trail and Demonstration City

• China National Sensor Network Innovation Demonstration Zone (National Sensing Information Center)

• International Digital Film Industrial Park

• Total of 12 Major Software, Science, Technology and Outsource Parks

8 major strategic emerging industries focus by Wux:

Strategic emerging industries, which are crucial in providing foundation and momentum in the process of economic transformation and development in, have made increasing contributions to the overall economic development in Wuxi.  In 2010, the industries output of 6 emerging industries (Internet of Things, New Energy & New Energy Vehicle, New Materials & New Display, Energy Conservation & Environmental Protection, Biological, Micro-electronics.) in Wuxi was approximately RMB 327 billion, accounted for 25% of Wuxi's Scale Industrial Output Value;  the operating revenues of the other 2 emerging industries (Software & Service Outsourcing, Industrial Design, Cultural & Creative) reached over RMB 83 billion.  The rapid development of  emerging industries has became the new economic growth poles and advantages in regional competitions.

• Internet of Things (Wireless Sensor Network)

• Industrial Design, Cultural & Creative Industry

• New Energy & Green Vehicle Industry

• Biological Industry

• Micro-Electronics Industry

• New Material & New Display Industry

• Software & Service Outsourcing Industry

• Environmental Protection Industry