Core Insights - Jiangsu province has become a leading destination for foreign investment in China, contributing significantly to the country's import and export figures, tax revenue, and urban employment [1] - The province has attracted over 56,000 foreign enterprises, accounting for nearly 1% of the total number of enterprises, and contributing 46.6% of the total import and export value [1][4] - Foreign investment in Jiangsu is expected to reach $19.05 billion in 2024, with a cumulative total of $103.74 billion over four years, maintaining the highest level in the country [1] Group 1: Investment Landscape - The density of German enterprises in the Taicang area is notable, with over 560 German companies established, generating an annual industrial output value exceeding 67 billion yuan [2] - The collaborative environment in Jiangsu, particularly in the Taicang and Changzhou regions, has fostered a strong industrial ecosystem that supports foreign enterprises [2][3] - Foreign companies are increasingly expanding their operations in Jiangsu, with Scania and Bosch making significant investments in local production and R&D facilities [3][4] Group 2: Economic Contributions - Foreign enterprises in Jiangsu have significantly contributed to the province's economic growth, with a focus on high-quality projects and substantial investment increases from key countries like Germany, Japan, and Switzerland [4] - The province has been recognized for its high-quality foreign investment projects, leading the nation with 17 major foreign investment projects and 96 key projects [4] Group 3: Technological Advancements - Foreign investment is shifting towards advanced manufacturing, modern services, and high-tech industries, marking a transition from quantity to quality in investment [7] - Jiangsu has attracted $37.58 billion in manufacturing foreign investment from 2021 to 2024, representing 36.2% of total foreign investment, indicating a growing focus on advanced manufacturing [7] Group 4: Policy Support - Jiangsu has implemented innovative policies to support foreign enterprises, including a three-year action plan to encourage profit reinvestment, leading the nation in this regard for six consecutive years [8] - The province has established several foreign headquarters economic clusters, providing a conducive environment for foreign enterprises to thrive [8] Group 5: Infrastructure and Ecosystem - Jiangsu has developed various international cooperation parks and free trade zones, enhancing the investment environment and providing tailored support for foreign enterprises [10] - The Suzhou Industrial Park has been recognized for its strong industrial cluster, housing over 800 medical device companies, including many global leaders [10] Group 6: Future Outlook - Jiangsu aims to enhance its investment ecosystem by improving cross-border payment facilitation, expanding free trade zones, and opening up service sectors to attract more foreign investment [11] - The province's commitment to high-level openness and adherence to international trade rules positions it as a reliable destination for foreign investment [11]
外资规模多年保持全国首位,世界500强中有408家前来投资“开放江苏”何以赢得外资“加码”
Xin Hua Ri Bao·2025-10-06 23:38