The Wuxi New District has a pyramid-shaped talent pool, which contains human resources with various skills at different levels. In recent years, more and more global enterprises such as Bosch, Siemens and GE set up their subsidiaries in WND, with advanced training systems and favorable salary and welfare benefits, attracting large numbers of high-skilled talent around the country. In addition, low-skilled labors also tend to choose Wuxi as their ideal working place due to the area’s lower living costs compared with such big cities as Beijing and Shanghai.
Wuxi New District takes equipment manufacturing as its pillar industry, followed by four emerging industries---micro-electronics, IoT, new materials and bio-pharmaceuticals, and three characteristic industries, namely airport logistics, software & service outsourcing and cultural industry, all of which substantially contribute to Wuxi's economic development.
Acclaimed as the only advanced development park in Jiangsu province at the 20th anniversary of the National Torch Plan and also being Jiangsu's first innovation and entrepreneurship base for overseas high-skilled talent, the new district encompasses the national IOT innovation demonstration zone, a national innovation park, a national eco-industrial demonstration park, and a national intellectual property pilot park.
As the birthplace of the Wu Culture, a Chinese subculture named after the Wu Kingdom of the Spring and Autumn period (770-476BC), Wuxi New District (WND) boasts abundance of cultural resources and famous attractions such as the Bodu River and Taibo Temple. It was the long-standing Wu Culture that shaped the industrious, pragmatic and flexible traits of the local people, who triggered the development of the Chinese industry and commerce, making WND the innovation center in Eastern China.
In addition to beautiful ecological environment, WND provides its residents with favorable living environment, including well-equipped apartments, entertainment venues and tourism resources. There are large numbers of schools in WND, including an international school, which could meet the education needs of foreign investors and employees' children. As for the medical resources, there are 2,155 medical institutions in Wuxi as at the end of 2014, which can provide comprehensive medical service to any residents.
WND is located in the southeastern part of East China's Jiangsu province, between Shanghai and Nanjing. It lies within the Yangtze River Delta, China's economically most developed and vibrant area. The district enjoys convenient transportation due to a high speed rail station and an airport, which make the business trips within easy reach, while cutting the logistics costs and transportation time for all enterprises.
Wuxi New District government is the initiator in the country to offer one-stop services to investors who want to invest in the district. In 2001, WND set up "one-stop" service center, which substantially cuts down on administrative approval procedures, receiving high praise from many local enterprises.