Suning, a privately owned Chinese retailer, announced additional investments of 1.5 billion yuan ($235.96 million) in Wuxi, Jiangsu province for logistics, e-commerce, and Internet finance.
More than 200 people from home and abroad witnessed the inking of 59 projects, worth 23.8 billion yuan ($3.74 billion), between Binhu district in Wuxi and enterprises at the signing ceremony of the 2015 Binhu District Golden Autumn Economy and Trade Fair on Oct 28.
During the first three quarters of the year, Wuxi's gross regional domestic product totaled 613.5 billion yuan ($96.59 billion), an increase of 7.1 percent over the same period in 2014.
Amway Corp's botanical R&D center went into operation in Wuxi New District (WND), Wuxi, Jiangsu province, on Oct 23.
Shenzhen-based Sibiono's 10-billion-yuan ($1.58 billion) health project recently landed in Mashan town, Wuxi, after three years of negotiation.
Wuxi has invited government sectors and companies from nine countries to attend the enterprise fair starting Oct 26.
Thirty entrepreneurs withcorporate headquarters in Wuxi were ranked on the Hurun Rich List 2015, released by the Hurun Research Institute on Oct 17.
Infineon Technologies AG, Germany's largest and Europe's second-largest semiconductor producer, has revealed plans to build a second factory in Wuxi.
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