Founded: Circa 1,000 B.C.
Head of Government: Mayor Wang Quan
Area: 1,848.5 sq. mi.
Elevation: 16 ft.
Main Industries: Manufacturing, textiles, technology
A 3,000 year-old city on the Yangtze River in Jiangsu Province due northwest of Shanghai, Wuxi is split by Lake Taihu and is bordered by Suzhou to the east. Sometimes called “Little Shanghai” and “Pearl of Lake Tai”, Wuxi is criss-crossed with older canals, making it an attractive tourist and residential draw where many private gardens or parks were built by learned scholars. Wuxi’s modern economy focused on the textile (silk) and rice markets. Currently, Wuxi is pioneering green industries and is home to the corporate headquarters of Sun Tech Power, the world’s largest producer of silicon solar modules.
Designated an investment grade city by the Chinese government, Wuxi has two large industrial parks devoted to new industries such as electric motor manufacturing, software development and solar.
Wuxi’s comprehensive strength and competitiveness in economic development rank high among large and medium cities in China. The GDP per capita in 2010 was over $13,000, with an expected an annual growth by 10% in the year of 2011. According to Forbes ranking, Wuxi is the 7th position for best business cities in Mainland China 2010.
Since its establishment in 1992, Wuxi New District has become one of the major industrial parks in China where approximately 1,200 companies are registered.
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Watch a video about Wuxi:
Wuxi City Seal