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    Economic Power
 

Manufacturing industry of Wuxi contributes over 50% to the total GDP with its industrial scale ranked 6th and its industrial technology level taking leading in all large and medium mainland cities. Through continuous adjustment of economic and industrial structure in recent years, Wuxi has become one of the important manufacturing centers in Yangtze River Delta with five pillar industries as electronics and IT, mechanical electronic integration & automobile production, high-grade textile &apparel processing, bioengineering & pharmaceuticals and new material. Wuxi is now quickening the development of supporting service industry for the purpose of building itself into an international manufacturing base and equipping itself with convenient and efficient business environment.

At present, a multi-level scientific innovative base has taken shape in Wuxi composed of scientific park, Software Park, key lab, engineering technology center and industrialization base. Wuxi has been awarded ”°National Leading City in Advanced Technology”± for continuous five times and got 11 national-level scientific innovative titles as National IC Design Industrialization Base, National Industrial Design Park, National Torch Plan Software Industry Base, National Key City for Manufacturing Information Engineering and National Pilot City for Patent etc. The added value of high and new tech industry took up over 35% to that of those big enterprises, which have a yearly sales income of RMB 5million.

There have been 72 Fortune 500 companies having invested in Wuxi with 134 projects.

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