Wuxi's pillar enterprise Hongdou Group is one of the many Chinese and Cambodian firms that took part in the investment and construction of the state-level overseas economic zone since 2008, helping it become a model area of China's Belt and Road Initiative.
"Wuxi has made multinational management a new highlight of its opening-up economy, with the number of investors, the scale of investment continuing to expand," said Wang Guozhong, director of publicity department of Wuxi.
At the meeting, Wang spoke of Wuxi's industrial advantages and achievements accomplished in the Belt and Road Initiative.
Henry Tang, chairman of Federation of HK Jiangsu Community Organizations, who has been engaged in the promotion of economic and cultural links between Hong Kong and Jiangsu province, said he expects cities in Jiangsu province to seek overseas development.
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Henry Tang, chairman of Federation of HK Jiangsu Community Organizations, addresses the investment promotion conference in Hong Kong on March 30. [Photo provided to China Daily] |
"Wuxi is my hometown, and I hope the city can take advantage of its industrial foundation to walk at the front line of the national Belt and Road Initiative," Tang said.
