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Wuxi thrives with robust industrial development

chinadaily.com.cn | Updated: 2024-10-16 15:59
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A bird's-eye view of Wuxi. [Photo provided to chinadaily.com.cn]

Wuxi, the birthplace of Chinese national industry and commerce, has experienced significant industrial growth. Recent statistics reveal a 5.9 percent year-on-year increase in the city's GDP to 743.7 billion yuan ($104.72 billion) in the first half of this year, alongside a record-setting foreign trade value.

These achievements stem from Wuxi's robust industrial foundation, vibrant innovation ecosystem, and favorable business environment.

For example, Wuxi Unicomp Technology, a key player in China's X-ray industry, has made significant strides by pioneering the development of the microfocus X-ray source. The company's groundbreaking technology has had a profound impact on various sectors of China's modern industries, including integrated circuits, new energy batteries and automobile manufacturing.

Noteworthy future industrial players like Orienspace, EHang, and Ubtech Robotics have chosen Wuxi as their base. At the same time, projects of emerging industries like the synthetic biology and bio-manufacturing research center have found a home in the city.

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