In the past five years, the city of Wuxi has always followed General Secretary Xi Jinping’s requirements to unswervingly promote industrial development, strive to build an independent and controllable modern industrial system and a scientific and technological innovation system so as to embark on a new journey of constructing a well-off society in an all-round way.
Guo Junxin has been working with Wuxi Best Precision Machinery Co., Ltd. for more than two decades.
With the promotion of Wuxi's strategy to strengthen the city through industrial restructuring and intelligent transformation, in the last five years, enterprises in Wuxi have increased their production efficiency by more than 30%, and their annual sales have exceeded 700 million yuan.
Guo Junxin, CEO of Wuxi Best Precision Machinery Co., Ltd.
In the past
we needed 450 people to feed the assembly lines
Now by investing in intelligent automation and information
50 people can guarantee the entire workshop operation
under the assistance of 8 management staff only
Innovation drive has become the surging driving force of Wuxi's economy, resulting from Wuxi's strategy to reinvigorate the industry in the past five years.
Faced with a slowdown in economic development and insufficient development momentum, since 2015, Wuxi has adhered to the real economy and manufacturing industry, formed a multi-channel, comprehensive policy system and service measures to support the development of modern industries, and accelerated the development of economic development.
Spearheaded by the Internet of Things, the city has accelerated the development of the new generation of information technology, intelligent manufacturing and modern service industries.
At the same time, with major projects as the starting point, the city has constantly improved the hard power of industrial development. Since the second half of 2016, Wuxi has introduced 125 major industrial projects worth over 1 billion yuan, including 14 projects worth over 10 billion yuan. The number and quality of major projects introduced are the best in history.
At the Huahong Wuxi IC R & D and manufacturing base with a total investment of over US $ 10 billion, Jiangsu's first self-controllable 12-inch production line has been officially put into operation. It took Huahong less than 19 months from the start of construction to the production, setting a remarkable "Wuxi speed".
Ni Lihua, deputy CEO of Huahong Wuxi IC R&D
Wuxi itself has quite a lot of foundation
in the integrated circuit industry
with a relatively complete industrial chain
At the same time
the government has given us a lot of assistance
in supporting facilities
so we quickly got approval for the project
A 100-billion-yuan scale integrated circuit industry cluster is rapidly rising in Wuxi with the successive completion of projects such as Huahong, Hynix Second Factory, and Central Leadership.
In recent years, Wuxi has focused on cultivating and developing 16 advanced manufacturing clusters such as integrated circuits, the Internet of Things, and high-end equipment, and 4 future industrial clusters such as 5G industry and artificial intelligence.
At the same time, state-level innovation platforms such as the National Supercomputing Wuxi Center, the National IoT Innovation Promotion Center, and the National Internet of Vehicles Pilot Zone have landed in succession.
With the successive hosting of the World of Things World Expo and Snow Wave Conference, well-known companies such as Ali, Huawei, AstraZeneca, and Bosch have come to launch business endeavors one after another.
Leading companies such as AirAsia and Otway have also risen rapidly and become "new engines" for Wuxi's economic improvement and efficiency improvement.
Zhou Wendong, Director of Wuxi Development and Reform Commission
We have now formed the development plan
of 16 + 4 advanced manufacturing industry clusters
built the four beams and eight columns of our independently controllable modern industrial system
and vigorously implemented strong chain extension
and replenishment projects
to make these industrial clusters more powerful
In the past five years, Wuxi's GDP exceeded RMB 900 billion yuan in 2016 and RMB 1 trillion in 2017. Of the city’s 15 major economic indicators in 2018, 10 indicators grew faster than the provincial average. The added value and per capita GDP of industrial enterprises above designated size jumped to the top of Jiangsu。
