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Although the temperature drops, the second factory of Wuxi Murata Electronics Co., Ltd. is showing a booming construction scene. The project is worth 600 million US dollars and is expected to produce 40 billion chip ceramic capacitors per month with an annual sale of 4 billion yuan. Since the beginning of this year, High-tech District (Xinwu District) has focused on attracting investment from advanced manufacturing and strategic emerging industries, grabbing the progress of various projects and striving to be a good leader in the high-quality development.
Reportedly, in the first 10 months of this year, the district's foreign investment reached nearly 1.2 billion US dollars, ranking the first in all types of development zones and districts (counties) in the province. Meanwhile, the use of foreign capital hit a new high since the construction of the district.