Wuxi lures global high caliber talent / Why Wuxi

Economic performance

chinadaily.com.cn |  Updated:2022-04-27

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In 2021, Wuxi's GDP grew 8.8 percent to 1.4 trillion yuan ($213.61 billion), with its per capita GDP reaching 187,400 yuan, the highest among all large- and medium-sized Chinese cities.

The output of integrated circuits, biological medicine and software industries in Wuxi grew more than 20 percent year-on-year, while the number of industrial clusters valued at 100 billion yuan reached 10 in the same year.

By the end of 2021, there were 103 A-share listed companies in Wuxi, the combined market value of which ranked among the top 10 Chinese cities.

Last year, Wuxi became home to an additional 116-billion-yuan-worth of private equity funds, ranking first in the country, including the China Structural Reform Fund Phase Two Co Ltd worth 73.75 billion yuan.

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