Four key industrial parks bolster economic growth

Binhu district of Wuxi, in East China's Jiangsu province, is located in the heartland of the Yangtze River Delta. The district has a total population of 695,000. It is a new town famous for its good environment, high-technology institutes and unique cultural tourism resources.

Binhu has several national- and provincial-level parks for industry, technology and tourism.

The National Integrated Circuit (Wuxi) Design Center, located in Liyuan Economic Development Zone, covers 20 hectares with a total investment of 2 billion yuan ($291 million). The center consists of 16 sub-service platforms. Thanks to the technological and skills strengths of its partner units - including China Electronics Technology Group, China Resources Microelectronics and Jiangnan University - the center has a unique advantage in integrated circuit design, industrial design and research and development.

Wuxi (National) Intelligent Transportation Industrial Park was established due to the technological advantages of Wuxi's internet of things technology and the Public Security Ministry's transportation management institute. The park has a say in setting international standards and is a global, advanced intelligent transportation industry base.

Wuxi National Digital Film Industry Park in Binhu, which covers 6 sq km and has a whole film industrial chain from script writing, financing and insurance, to production, publishing and tourism. More than 230 films originated from the park.

Wuxi Biological Medicine Research and Development Outsourcing Area is located in Wuxi Taihu Lake International Tourism Resort. It comprises eight functional areas including public service, R&D service outsource, administrative service and logistics. The area's core function is not only to outsource biological medicine R&D, but also to nurture a biological technology industry with high added value and cultivate high-end biological medicine professionals. It aims to develop into an area combining medical innovation, a health industry base and a leisure base, supported by a national life science park.

Binhu has convenient modern water, railway, road and air transport systems, connecting it to neighboring cities and airports in Wuxi, Shanghai and Nanjing, and river ports in Zhangjiagang and Jiangyin on the Yangtze River.

(China Daily European Weekly 03/03/2017 page20)