Core Insights - The article highlights the transformation of foreign investment in Jiangsu, China, from single-point investments to industrial clusters, emphasizing a shift from "foreign R&D, Chinese manufacturing" to "Chinese R&D, global sales" [1][4][6] Group 1: Foreign Investment Landscape - Jiangsu has attracted over 560 German enterprises with a cumulative investment exceeding 60 billion USD, particularly in the automotive industry, where about 70% of foreign companies focus on the supply chain [2][3] - The province has established 26 international cooperation parks, with manufacturing foreign investment accounting for 375.8 billion USD from 2021 to 2024, representing 36.2% of the total foreign investment in the province [3][4] Group 2: Innovation and R&D Focus - Foreign companies are increasingly establishing R&D centers and regional headquarters in Jiangsu, with 423 multinational company regional headquarters recognized, and 128 added since the start of the 14th Five-Year Plan [4][5] - The shift towards R&D is exemplified by companies like Mettler Toledo, which has developed high-precision equipment in China, showcasing a transition from "foreign R&D, Chinese manufacturing" to "Chinese R&D, global sales" [6][7] Group 3: Economic Contribution and Policy Support - Foreign headquarters in Jiangsu contribute an average tax of 160 million CNY, higher than the average for foreign enterprises, indicating a robust economic impact [5] - Jiangsu's government has implemented a three-year action plan to encourage reinvestment of profits by foreign enterprises, enhancing the investment environment [4][5] Group 4: Global Integration and Market Role - The article emphasizes that Jiangsu is no longer just a cost-effective location for foreign investment but has evolved into an "innovation highland," with foreign enterprises acting as "innovation partners" and "global nodes" [7][8] - Companies are leveraging local supply chains and talent to enhance their global service capabilities, as seen in the case of Jabil and Finisar, which have established comprehensive bases in Jiangsu [7][8]
实际使用外资约占全国1/6 现有外资企业4.3万家——江苏塑造更高水平开放新优势(活力中国调研行)
Ren Min Ri Bao·2025-11-21 22:57