Schneider Electric, a world leader in digital automation and energy management, held a launch ceremony for its new research and development (R&D) center in Xinwu district, Wuxi, East China's Jiangsu province on March 29.
German company Vaillant Group's new research and development and production base in Wuxi National Hi-tech District (WND) broke ground on March 21.
Attracting foreign investment for research and development centers would be a critical strategy for China to upgrade its industrial structure.
Sun Huaqin, producing director at SK Hynix Semiconductor (China) Ltd in Wuxi, is also a deputy to the 14th National People's Congress.
Jabil Circuit (Wuxi) Co, located in the Wuxi National Hi-tech District Integrated Free Trade Zone, has managed to improve efficiency by more than 10 percent by using "smart vehicles" to transport products.
The Wuxi International Life-Science Innovation Campus (iCampus), in Wuxi New District (WND), Wuxi achieved an output of 7.5 billion yuan ($1.06 billion) in 2022, according to Leon Wang, executive vice-president International and China President at AstraZeneca.
The Southern Stainless Steel Market, located in the Wuxi New District (WND), which once accounting for 40 percent of steel trading in China, has been repurposed into the 1969 Creative Workshop.
Bühler Group, a global industrial solutions provider, will build its Greater China R&D Innovation Center and innovative food project in Xinwu district, Wuxi.
Two technology company incubators from Wuxi National Hi-tech District (WND) recently won national recognition from the Torch High Technology Industry Development Center of the Ministry of Science and Technology, bringing the total number of such incubators in the district to 11.