| Survey of city |
Relevant Management Organizations
| Development Zones |
Geographic Location & Administrative Division
Transportation Facilities
Superior Infrastructure
Economic Status
Utilization of Foreign Capital
Economic Cooperation & Trade
Wuxi lies in the central Yangtze River Delta on the southeast
coast of China. It is 128km away from Shanghai to its east; it borders
the Yangtze River to the north while embracing the Taihu Lake to the
south. It is a coastal city of jiangsu Province with a total population
of 4.3 million including 1.06 million in its city proper. Wuxi covers
on area of 4,650km² inclusive of 517.7 km² as the city centre's.
Warm and humid, Wuxi has a congenial climate with four distinct seasons.
The annual temperature averages 15.5 Cº and the average rainfall up to
1,000 millimetres. Wuxi boasts its local scenic highlights integrating
the Yangtze River, the Grand Canal, the Taihu Lake, the Spring and
a couple of karst caves. Here combined natural landscape and cultural
sights form a delightful attraction and thus cultivate intelligent people.
Wuxi is china's renowned tourist city luring over ten million domestic
and international travellers annually.
Wuxi is equipped with a complete transportation network and has turned out to be the transportation center of the area.
Airport--Wuxi has a local airport and the city is 110km from Shanghai
International Airport.
Highways--The Shanghai Nanjing Expressway and National Highway 312 traverse the city, joining Wuxi with Shanghai and Nanjing.
Railways--The Shanghai Nanjing Railway passes the inner city. Meanwhile, the Beijing Shanghai Expressrail which is being schemed will provide the city with improved accessibility.
Waterways--Being the very center of the water carriage system in southern Jiangsu, Wuxi is only 38km away from Huangtian harbor and 43km from Zhangjiagang Harbor, which handle shipment with more than 140 countries and regions in the world.
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One of the 40 cities with the best investment climate in China
One of tthe 15 economic centres of China
One of the 10 leading tourist cities
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Per-capita GDP: RMB 18,000, still the highest in Jiangsu Province
One of the cities with the most rapid economic development in China
The ace investment climate and the best refund result in the influx of the foreign investors into the city. By the end of June, 1996, a total of 4,601 enterprises with foreign investment have been endorsed in the city of Wuxi. Thee overall amount of investment hits USD 13.6 billion and contracted foreign capital rose to USD 7.5 billion. The total sum of overseas capital duly absorbed has exceeded USD 3.74 billion. So far, 2,093 joint ventures, contractual ventures and wholly--owned enterprises have gone operational. These include 337 projects with a total investment amount exceeding USD10 million each. More than 50 MNCs have secured tenancy in Wuxi.
| Wuxi is one of the major export bases in China. These are over 2,000 industrial enterprises manufacturing export products, which cover 17 categories with a range of several thousand product items delivered to more than 130 countries and regions all over the world. In recent years, export businesses are continuously booming. The year 1995 witnessed the export volume up to RMB 47 billion. On the other hand, by the end of June, 1996, Wuxi has established 127 overseas subsidiaries in 26 countries and regions. In 1995, the turnover of international subcontracted projects reached USD 53.56 million and a total of 1039 expatriates were employed overseas. |
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