Wuxi Abogen Biosciences has signed a licensing agreement with Swiss pharmaceutical giant Novartis that could be worth up to $7.78 billion, setting a record for outbound licensing by a Chinese mRNA company.
Foreign trade in Wuxi grew 30 percent year-on-year in the first eight months of this year, reaching 695.82 billion yuan ($98.23 billion).
The 15th Wuxi Municipal Congress of the Communist Party of China opened on Sept 22, tasked with reviewing the past five years, setting goals for the next five and electing a new municipal committee and disciplinary inspection commission.
Chinese autonomous driving startup QCraft opened its Wuxi Digital Intelligence Center at Liangxi Sci-Tech City on Sept 16, a strategic move to strengthen the city's data ecosystem for autonomous driving and embodied artificial intelligence.
Four Wuxi-based tech firms are showcasing robotics and AI-powered services at the China International Fair for Trade in Services, which opened on Sept 9 in Beijing.
More than 60 buyers from 25 countries and regions traveled from Yiwu, Zhejiang province, to Wuxi, Jiangsu province, on Sept 4 for a sourcing event focused on smart manufacturing.
The global packaging giant Amcor is accelerating its expansion in the Asia-Pacific region, with top executives meeting local officials in Wuxi on Sept 2 to push forward a major investment project.
A specialized industrial park in Donggang town, Wuxi's Xishan district, has emerged as a major player in China's electronic chemical materials sector, with annual revenue reaching 13.87 billion yuan ($2.06 billion) last year.
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