Wuxi's online retail sales increased by 10.2 percent year-on-year in 2021, exceeding 100 billion yuan for the first time and ranking third in Jiangsu province, according to data from the Wuxi commerce bureau.
Wuxi in East China's Jiangsu province saw robust growth in foreign trade in 2021, according to the local customs.
Jiangsu General Science Technology Co, a tile maker based in Wuxi, will invest 1.9 billion yuan ($298.48 million) to build a new production plant in Cambodia, as the project surpassed the record of overseas investment of the Jiangsu provincial department of commerce on Jan 11.
Construction recently started on the third phase of the Wuxi National Digital Film Industrial Park, also known as Wuxi Studios, on Jan 11.
Beijer Ref (Wuxi) Co, located in the Wuxi-Singapore Industrial Park, designed and produced the entire ice-making system of Capital Indoor Stadium.
While China has laid more emphasis on high-quality development in the real economy, Wuxi in East China's Jiangsu province has come up with the right path to achieve that goal, which was demonstrated by its outstanding industrial output figures last year.
A total of four companies in Wuxi were included in the latest batch of regional headquarters and functional institutions of provincial-level multinational companies, the Jiangsu provincial department of commerce recently announced.
Wuxi in East China's Jiangsu province released 10 measures on Jan 4 to improve foreign capital utilization.
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