Wuxi thrives with robust industrial development

In addition to supporting local businesses, Wuxi has attracted promising enterprises from cities like Shanghai and Shenzhen.

Muyu Aero Technology (Jiangsu), a subsidiary of Shenzhen AEE Technology, stands out as a vanguard in China's light sport aircraft R&D and manufacturing. Wang Yong, general manager of Muyu Aero, stated that the company selected Wuxi due to its location in the Yangtze River Delta region and robust industrial foundation, notably excelling in electromechanical equipment.

Wuxi Juxie Intelligent Drive Technology, specializing in the industrialization of humanoid robots, reflects the city's investment appeal. Founder Zhao Wei highlighted Wuxi's comprehensive industrial clusters and supportive policies as key reasons for choosing the city.

With a thriving sci-tech innovation ecosystem and cluster effect, Wuxi hosts 16 industrial clusters valued at 100 billion yuan or above, including six valued at 200 billion yuan. By 2023, the city boasted record numbers of 12,453 small and medium-sized tech enterprises, 6,325 high-tech companies, and 113 enterprise technology centers, with R&D spending reaching 3.38 percent of GDP.