- About Wuxi
On February 26, the Award Ceremony of Foreign Investment Award in Wuxi was held. Du Xiaogang, Mayor of Wuxi, presented awards for major foreign-invested projects to representatives of the winning companies. Zhou Changqing, Vice Mayor of Wuxi, presented awards for talent of foreign-invested companies to representatives of winning companies. Zhang Lijun, Secretary General of the Wuxi Municipal People’s Government, attended the event.
On the same day, Wuxi Yakult Diary Products Co., Ltd., Wuxi Sharp Electronic Components Co., Ltd., Wuxi 7Road Science and Technology Co., Ltd., Wuxi Hequan Pharmaceutical Technology Co., Ltd., Cutia Therapeutics (Wuxi) Limited., Impro (China) Co., Ltd. were awarded major foreign-invested project awards and checks respectively. Samsung (Wuxi) Electronic Materials Co., Ltd. and Linamar Automotive Systems (Wuxi) Co., Ltd. were awarded foreign-invested enterprise talent awards and talent guarantee cards.
Foreign-invested enterprises are indispensable for Wuxi to develop in a high-quality way. In 2020, Wuxi’s actual paid-in foreign capital reached 3.621 billion US dollars. Five companies such as Tangyork Air-Conditioning were newly approved as the regional headquarters of multinational companies in Jiangsu Province. Six Fortune Global 500 multinational companies set up eight foreign-invested enterprises in Wuxi. Wuxi had 70 new major projects with a registered foreign capital of more than 30 million US dollars, a year-on-year increase of 20 projects.