Wuxi High-tech Industrial Development Zone

In 1992, Wuxi National High-tech Industrial Development Zone was established with the approval of the State Council. In 1993, Wuxi Singapore Industrial Park was established with the approval of the provincial government. Established Wuxi New District in 1995. The new district has five towns and one street with a population of 250,000. For more than 10 years, Wuxi New District has actively responded to the development requirements of advanced productive forces, seized opportunities and accelerated development. The economy of the whole region has maintained rapid growth momentum. A modern science and technology new city with the meaning of science and technology city, eco-city and Wuxi New Town is rapidly emerging. The Ministry of Science and Technology of China awarded the title of National Advanced High-tech Zone. In 2003, the overall ranking of economic development ranked second in the National High-tech Zone.

The comprehensive economic strength of rapid growth. The annual GDP growth rate is 50%, the total income of technology, industry and trade is growing at an average annual rate of 45%, and the fiscal revenue is growing at an average annual rate of 70%. In 2003, the total income of technology, industry and trade will be 87.2 billion yuan, the GDP will be 23.6 billion yuan, the fiscal revenue will be 3 billion yuan, the foreign trade will be 3 billion US dollars, and the fixed assets investment of the whole society will be 10.2 billion yuan.

A vibrant, open economy. We will implement opening up to the outside world in an all-round, wide-area and multi-level manner, and build a manufacturing base that has an important impact in the Yangtze River Delta. By the end of 2003, 918 foreign investment projects had been approved, with a total investment of 11.58 billion US dollars and actual use of foreign capital of 3.95 billion US dollars. A large number of multinational companies have settled in the new district. 41 Global 500 companies such as GM, Sharp, Sony, Siemens and AstraZeneca have invested in 52 projects in the new district. Wuxi New District has built Jiangsu's famous “Japanese-funded highland” and “Korean-owned plates”.

A rapidly emerging high-tech industry. The National IC Design Industrialization Base, the National Torch Program Software Industry Base, the National Science and Technology Entrepreneurship Service Center and the Wuxi Vocational College of Science and Technology have been established, becoming the national high-tech industry export base and the Jiangsu Province electronic information industry base. The output value of high-tech industries accounts for industry. The total output value is more than 85%, the contribution of scientific and technological progress to industry reaches 54%, the proportion of R&D investment to GDP reaches 5%, 118 high-tech enterprises above the provincial level, and 43 national science and technology projects. It has established close cooperative relations with Tsinghua University, Peking University, and Chinese Academy of Sciences. It has formed an international friendship and cooperation park with the North Carolina Triangle Research Park, the Newlands Science Park in the UK and the St. John Innovation Center in Cambridge.

Facing the new situation and new opportunities, Wuxi New District will take the lead in developing the banner, fully promote the construction of the core area of ​​Wuxi International Manufacturing Base, accelerate the realization of the first to change from the first, the transformation from entrepreneurship to innovation, the transformation of the development zone to the new city, and the establishment of a science and technology city. Eco-city, Wuxi New City, build a domestic first-class open park and an internationally influential science and technology industrial park, and strive to be the "two leading" vanguards in the city. By 2004, the GDP will be quadrupled from 2000, and the goal of the 10th Five-Year Plan will be achieved one year ahead of schedule. By 2010, GDP will be tripled from 2000 to more than 60 billion yuan, and the economic structure will be strategically adjusted to form an industrial pattern with international manufacturing as the leading factor, high-tech industry as the support, and knowledge-based service industry highly developed.

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