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Wuxi New District Survey
2008-12-05 10:01:22   Source: 


Wuxi New District lies in south-east of Wuxi, it is 6km away from downtown Wuxi. The Shanghai-Nanjing railway,  Beijing-Shanghai high-speed railway, Shanghai-Nanjing Expressway and National Highway 312 cut through it with entrances for express highways. Wuxi airport is also in the district.

Wuxi New District is the most important economic increasing pole, an important window of reformation and opening-up, the industry heightland to take part in international competition. In 1992 the State Council approved the establishment of Wuxi National Hi-Tech Industrial Development Zone. In 1995 Wuxi New District was set up on the basis of Wuxi High-tech Zone and the fast developed Wuxi Singapore Industrial Park. Wuxi New District has the jurisdiction of some professional hi-tech zones such as Wuxi National High-tech Zone, Wuxi Export Processing Zone, and Wuxi Singapore Industrial park, four townships and three neighbourhoods. It covers an area of nearly 200 sq.km.with a resident population of nearly 250,00.

Up to 2004, a total of 1151 foreign investment projects were approved with the total investment of 153 billion USD and actual utilized foreign fund 5.3 billion USD. Many world famous companies were set up in the district such as Kodak, General Electric, Seagate of USA; Sharp, Sony, Toshiba, Matsushita, Sumitomo, Mitsui, Mitsubishi, Marubeni,Bridgestone, CMK of Japan; Siemens, Bayer, Bosch of Germany; Roche, Sweden Aspen Trafalgar, Volvo, Auchan, Saint-Gobain of Switzerland; Unify, Lite-On, TECO of Taiwan and so on. The district collected the investment items from 43 “Fortune 500” companies to become nationally famous ”Japanese Capital Agglomeration". In the district 54 enterprises have set up the R & D center to form a integration of development, production and marketing, and a positive tendency towards the combination of related industries.
 

 
 
 
 
 
 
 
 
 
 
 
   
   
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