Infineon Technologies AG, Germany's largest and Europe's second-largest semiconductor producer, has revealed plans to build a second factory in Wuxi.
Wuxi has focused on optimizing the structure of introduced foreign capital from January to August this year.
The value of China's Internet of Things (IoT) industry reached 580 billion yuan ($90 billion) in 2014, a yearly increase of 18.46 percent, said a report issued on Thursday.
To promote the continuous progress of Binhu dining industry, Helie, sub-district office of Wuxi Binhu district has organized the 10th food festival this year.
Nearly a hundred businessmen from 14 countries and regions, including Europe, America, Japan, South Korea, Hong Kong and Taiwan, attended a promotion by Wuxi Huishan Economic Development Zone (HEDZ) on September 17.
Yixing, a county-level city in Wuxi, signed cooperation agreements with ten overseas organizations recently to attract professionals.
Teams from the Massachusetts Institute of Technology-China Innovation and Entrepreneurship Forum (MIT-CHIEF) sought investment opportunities in Xishan district.
Wuxi New District Development Group Ltd, the major developer of Wuxi's State high-tech development zone, recently raised 1 billion yuan ($16 million) by selling a five-year term bond.
Copyright © China Daily. All rights reserved.