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The other day, our city held a talkfest on welcoming the new year and development of foreign-invested enterprises to discuss the harvest of the year and the expectations for the future. Deputy Mayor Lu Zhijian attended the talkfest.
The talkfest is a review of the year's harvest and a dialogue on development. It is reported that from January to October, there were 47 major foreign-funded projects with registered foreign capital of over 30 million us dollars newly approved in Wuxi, an increase of 12 over the previous year, including 14 projects with total investment of over 300 million US dollars and 3 projects with total investment of over 1 billion US dollars. New breakthroughs have been made in the scale and quality of the open economy. It is estimated that the scale of import and export of the city's foreign trade will exceed US $90 billion, and registered foreign investment of US $3.6 billion or more will be completed, of which foreign investment in strategic emerging industries will account for more than 50%.