Market research firm CCID Consulting recently released the 2024 list of China’s top 100 districts in terms of investment competitiveness. Suzhou’s Wujiang District made the list again, ranking 1st in Jiangsu Province and 7th in the country.
The list assessed over 900 districts under the jurisdiction of prefecture-level cities across the country, excluding municipalities directly under the central government, Hong Kong, Macao and Taiwan regions, and national-level new districts. It was compiled based on 6 key indicators -- government service, opening-up level, basic environment, industrial vitality, talent attraction, and resource guarantee – with 20 secondary indicators.
In recent years, Wujiang District has seized the opportunities brought by the national strategy of promoting the integrated development of the Yangtze River Delta (YRD) region and has made continuous efforts to expand effective investment. It has strived to improve land use efficiency, utilizing idle land and optimizing the production and living spaces, and remains committed to the path of connotative and intensive development in a bid to unleash the potential for higher-quality growth. Meanwhile, the district has been working hard to establish a “4+2+1” industrial system. It has built four 100 billion-level industrial clusters of high-end textile, new materials, equipment manufacturing, and electronic information and has been striving to develop emerging industries such as new energy, low-altitude economy and computing power. Local authorities have intensified efforts to further optimize the business environment, promote high-standard opening up, and provide entrepreneurs and investors with high-quality and efficient services.
