Wuxi will set up a fund support of $3 billion to strengthen the integrate circuit industry in its 13th Five-Year Plan period (2016-2020).
Wuxi has been home to over 150 South Korean enterprises accounting for more than 90% of the city's total foreign enterprise investments.
Wuxi National Hi-Tech District, the industrial heart of Wuxi, made great strides over the past 12 months attracting foreign capital volume exceeding $1.26 billion.
Over the past year in Wuxi, economic performance, especially in the private sector, has remarkably improved.
The Wuxi-Singapore Industrial Park encourages intensive and sustainable modes of development.
World's leading data storage company Seagate Technology has closed its manufacturing base in Suzhou while increasing investment in neighboring city Wuxi.
The Wuxi National Hi-tech District has become home to the regional sales headquarters of LG Hausys, a subsidiary of South Korea's LG Group.
Wuxi-based precision tools manufacturer Micro Research signed a strategic alliance agreement with Italian heat exchange machine producer CMS.
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