Core Insights - The article highlights the transformation of foreign investment in Jiangsu, moving from single-point investments to industrial clusters and from manufacturing to R&D headquarters, indicating a shift from "foreign R&D, Chinese manufacturing" to "Chinese innovation, global sales" [1][4]. Group 1: Foreign Investment Landscape - Jiangsu has attracted over 560 German enterprises with a cumulative investment exceeding $60 billion, with about 70% focusing on the automotive industry [2]. - The province has established 26 international cooperation parks, with manufacturing foreign investment accounting for $37.58 billion from 2021 to 2024, representing 36.2% of the total foreign investment in the province [3]. - Jiangsu's actual foreign investment usage accounts for approximately one-sixth of the national total, with 43,000 foreign enterprises currently operating in the province [4]. Group 2: R&D and Headquarters Development - Jiangsu has recognized 423 regional headquarters and functional institutions of multinational companies, with 128 new additions since the start of the 14th Five-Year Plan, ranking among the top in the country [4][5]. - The province has implemented a three-year action plan to encourage reinvestment of profits by foreign enterprises, creating a comprehensive support scheme [4]. Group 3: Innovation and Technology Transfer - Foreign enterprises are increasingly establishing R&D centers in Jiangsu, with companies like Mettler Toledo and Schaeffler leveraging local talent and resources to innovate and serve global markets [6][7]. - The shift in foreign enterprises' roles in China is evident, as they transition from merely producing to developing innovative solutions that are exported globally [6][7]. Group 4: Policy and Strategic Goals - Jiangsu's government emphasizes the dual approach of stabilizing and improving foreign trade and investment, aiming to contribute more significantly to national economic growth [8].