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Taicang attracts over $1 billion foreign investment

( chinadaily.com.cn )

Updated: 2019-10-17

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Taicang, a county-level city in Jiangsu province, registered a total of $1.13 billion of foreign investment, up 42.35 percent year-on-year, according to the city's commerce bureau on Oct 16.

From January to September, the city started 25 new manufacturing projects with $547 million worth of foreign investment, and 35 service projects with $466 million of foreign investment.

The foreign investment in the emerging industries, including high-end equipment manufacturing, information technology, and automobile parts, recorded $464 million while the actual utilization reached $320 million.