Wuxi hosts an international matchmaking conference focusing on the new-generation information technology industry on May 17. [Photo/wxrb.com]
A total of 17 international projects receiving more than $1.8 billion in investment were signed at a matchmaking conference focusing on the new-generation information technology industry in Wuxi, East China's Jiangsu province, on May 17.
The event was one of five important sub-meetings of the first East Asian Entrepreneur Taihu Summit, whose main summit was held in Suzhou on the same day.
Representatives from over 60 international enterprises and institutions from Japan and South Korea attended the event and discussed deepening cooperation in the future.
Qi Jiabin, vice-governor of Jiangsu province, encouraged people from China and abroad to invest in the province.
Qi said that the province will speed up the digital transformation of the manufacturing industry, promote the integrated development of 5G and industrial internet, strengthen construction of new infrastructure, cultivate new business models, deepen economic and trade exchange and cooperation with East Asian countries, and build a first-class business environment for investors.
Wuxi Party Secretary Huang Qin claimed that Wuxi is a provincial hub for the development of the new-generation information technology industry.
The city has been carrying out economic and trade exchanges with over 220 countries and regions around the world, with its actual use of foreign capital last year hitting $67.9 billion.
The first East Asian Entrepreneur Taihu Summit, sponsored by the China Chamber of International Commerce and the Jiangsu Provincial Association of Enterprises with Foreign Investment, aimed to further deepen and expand industrial cooperation between Jiangsu province, Japan, and South Korea and jointly enhance the stability and competitiveness of the industrial and supply chains.
