Wuxi cements industrial cooperation with Japan

The China-Japan (Wuxi) industry supply-demand cooperation matchmaking activity was recently held in Wuxi, East China's Jiangsu province, focusing on the precision electronics industry.

The city plans to host another two such matchmaking activities in the following days, which are expected to center around strategic emerging industries and innovative industrial cooperation between China and Japan.

Nine Japan-invested companies, including Sumitomo Chemical Co Ltd and CKD (China) Corporation, published their procurement requirements at the event, which was participated in by over 40 Wuxi-based suppliers.

Fourteen representatives from Japan-invested companies in Wuxi talked about their epidemic prevention and control measures as well as their production situations at a round-table conference held during the activity.

They all expressed confidence in Wuxi and revealed that they will continue increasing investment in the city.

General manager of CKD (China) Corporation thanked the Wuxi municipal government for its efficient guidance and services, noting that closed-loop production and management, which were widely practiced in Wuxi enterprises, helped his company avoid COVID-19.

Wuxi has long been a hub of Japanese investment in the Yangtze River Delta, and the city is currently home to over 1,200 Japan-funded enterprises and 1,273 Japan-invested projects with a combined investment of $17.06 billion.

Liu Dan, deputy director of the Wuxi investment promotion center, said that they will continue creating a favorable business environment and forming an efficient cooperation platform for economic cooperation between China and Japan.