Wuxi-based enterprises carried out 21 overseas merger and acquisition projects in 2021, an increase of 50 percent year-on-year, the local commerce bureau reported on March 14.
Wuxi, East China's Jiangsu province, released several policies and measures on March 11 for promoting the high-quality development of biomedical industrial parks in the city.
Construction started on a total of 31 key projects worth 3.45 billion yuan ($546.41 million) in Liangxi district, Wuxi on March 5.
Agreements for a total of eight foreign-invested projects worth $880 million were signed in the Huishan Economic Development Zone in Wuxi on March 3.
With the strong development of cross-border e-commerce, enterprises in Wuxi have accelerated the improvement of logistics systems such as overseas warehouses, according to local media.
Wuxi has been seeing more freight carried by rail thanks to its long-term efforts, according to local media.
Wuxi National Hi-tech District announced a global talent recruitment drive on Feb 25, selecting 150 candidates for 108 jobs with annual salaries of up to 1 million yuan ($158, 448).
Wuxi Talent Group was launched on Feb 24. The formation of the group is an effort by Wuxi to develop and allocate human resources using market-oriented means.
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