Wuxi---the City of economic center.
Early this century, Mr Rong Zongjin and Mr Rong Desheng, representatives of China’s national industrialists, set up a group of industrial enterprises in their hometown, recording Wuxi as a birthplace in the history of China’s national industry. Due to developd industry and flourishing economy, Wuxi is reputed as “Little Shanghai” for half a century. Since the founding of New China, Wuxi’s economy is developing rapidly. And since the 3th Plenary Session of the 11th Party Central Committee and under the guild line of the Deng Xiaoping Theory and the basic line of the Party, the people in Wuxi emancipate their mind in high spirit, grasp the opportunity and have created unprecedented glories in the history of its development. Wuxi is listed as one of China’s 15 key economic centers. It is also one of the 50 cities in China with powerful comprehensive strength, and among 40 cities in China with excellent investment environment. Wuxi has formed a processing system with complete category and powerful support capability. Its key sectors of industry include those of machinery, electronics, light and textile, metallurgical, chemical and pharmaceutical industries. It has also become a modernized industrial city with large scale and high standard along China’s coastal areas. In 1999. The GDP of the whole city was 113.8 billion yuan and its public revunue 8.72 billion yuan. Its per capita GDP supassed 26,000 yuan, which continued to rank the first place in Jiangsu Province. |
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