Foreign and domestic investors flock to Nanjing

(China Daily)
Updated: 2009-02-26 09:49

Motorola's R&D facility in the Jiangning Development Zone.

The city also has more than 600 scientific research institutions, employing a total of 530,000 people. More tellingly, it has no fewer than 79 accredited academicians of the Chinese Academy of Sciences and Chinese Academy of Engineering working on R&D projects across the city. This capability has been recognized by 30 world-class companies, including Motorola, Lucent and Oracle, who now have R&D facilities in Nanjing.

Home to five software outsourcing centers and two State-level software facilities, Nanjing is rightly regarded as both "China's leading software outsourcing city" and a true base for "innovation in national software exports."

Nanjing's open and dynamic economy has seen local companies establish business relations with more than 2,000 enterprises across 200 different countries and regions. The growth in the city's import and export volume saw it break through the $40 billion mark last year.

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