Situated in the southeast of Wuxi New District, Wuxi Airport Industrial Park is separated with Wuzhong district of Suzhou by the Wangyu River in the southeast and is located in the middle of Shanghai Airport and Nanjing Airport. The park adjoins Hongshan Street in the east and is separated with Wuxi (Taihu) International Science Park by the Grand Canal from Beijing to Hangzhou. The park is closely connected with Wuxi New District in the northwest, the Taihu Ring Expressway and Shanghai-Nanjing Expressway in the east, and Meicun village in the north. The Shanghai-Nanjing Railway, Taihu Ring Expressway, Shanghai-Nanjing Expressway, 312 National Road, Grand Canal from Beijing to Hangzhou, Wangyu River and Shanghai-Nanjing Intercity Railway in the planning pass through the Park.

Taking the airport as the center, the park extends to Ximei Road in the north, the Taihu Ring Expressway and Shanghai-Nanjing Expressway in the east, the Grand Canal from Beijing to Hangzhou and the Wangyu River in the south, and Xinmei Road and Xinyun Road in the west. A portion of the former Shuofang Street, Shuofang Industry Park and Hongshan Street in Wuxi New District are covered. The total planned area was 55 square kilometers.

The Wuxi municipal government, the Party work of Wuxi New District and the management committee attach high importance to the development of Wuxi Airport. Wuxi Airport Industrial Park is built oriented to Wuxi Airport. As a good chance to realize "second leap-over" in the new district, the airport economy, including airport services, airport logistics and associated industries, shall be prioritized.

In 2007, Wuxi Airport Industrial Park laid a solid foundation in the former Shuofang Street. It streamlined "3 in 1" management functions covering airports, districts and streets and carried forward the linkage of key tasks based on the deployment of the Wuxi municipal government and Wuxi New District government. Both economic and social development enjoyed a good start. Specifically, as calculated for all of 2007, the regional gross value of production reached 5 billion yuan ($815.3 million), up 25.8 percent on a year-on-year basis. The total income from technology, industry and trade reached 22.8 billion yuan, up 24.4 percent on a year-on-year basis, among which the manufacturing industry achieved 12.7 billion yuan and the tertiary industry achieved 10.1 billion yuan. Total financial revenue reached 540 million yuan, up 33.7 percent on a year-on-year basis, among which the general budget revenue reached 260 million yuan, up 42.2 percent on a year-on-year basis. The fixed investments for the entire society reached 1.78 billion yuan, up 22 percent on a year-on-year basis. Registered foreign capital reached $100 million, and the foreign capital in place reached $51.8 million.