- About Wuxi
A few days ago, Huang Qin, Secretary of the CPC Wuxi Municipal Committee, met with a group led by Wang Xiangming, General Manager of China Resources Group, who came to inspect Wuxi. Both parties had in-depth exchanges on deepening project cooperation and promoting strategic development. Wang Jinjian, Vice Mayor of Wuxi and Secretary of the CPC Jiangyin Municipal Committee, attended the meeting.
Mr. Huang Qin thanked China Resources Group for its long-term contributions to the development of Wuxi and briefly introduced the economic and social development of Wuxi. He said that China Resources Group has a deep relationship with Wuxi. Qin Bangli, the founder of "Lianhexing", predecessor of China Resources Group, was born in Wuxi. Through years of joint efforts, the cooperation between the two parties has achieved more results, wider fields and faster development pace. Wuxi has become the city with the widest investment range and the best benefits for China Resources in Jiangsu, laying solid foundation for the two parties to establish a higher level of strategic cooperation.
In recent years, China Resources Group has fully developed in many fields such as emerging industries, urban construction, modern services and comprehensive energy. It ranked eightieth in the 2019 World Top 500. China Resources Microelectronics, which was established in Wuxi in 2000, pioneered the wafer OEM model in mainland China and has now become an influential comprehensive semiconductor company in China. It was successfully listed on the Sci-Tech Innovation Board of Shanghai Stock Exchange in February, 2020 and was hailed as the “First Red Chip Share” on the Science and Technology Board. At present, enterprises invested by China Resources in Wuxi cover many industries such as microelectronics, real estate, gas, medicine and retail. In 2019, the total tax payment of all project in Wuxi exceeded 1.2 billion yuan, three of which entered the list of Top 100 Tax-paying Enterprises in Wuxi. (Photo/Wuxi Observation)