Taicang attracts over $1 billion foreign investment
Taicang, a county-level city in Jiangsu province, registered a total of $1.13 billion of foreign investment, up 42.35 percent year-on-year, according to the city's commerce bureau on Oct 16.
From January to September, the city started 25 new manufacturing projects with $547 million worth of foreign investment, and 35 service projects with $466 million of foreign investment.
The foreign investment in the emerging industries, including high-end equipment manufacturing, information technology, and automobile parts, recorded $464 million while the actual utilization reached $320 million.