Wuxi hosts inaugural national aerospace information industry base

The Aerospace Information Conference and Digital Earth Ecology Summit took place in Wuxi, Jiangsu province, on Monday. [Photo provided to chinadaily.com.cn]

The first national comprehensive base for the aerospace information industry chain has been established in Wuxi, Jiangsu province.

The chain has been formed following the Aerospace Information Conference and Digital Earth Ecology Summit, which took place in Wuxi on Monday. More than 2,000 experts and elites from various sectors attended the conference and summit to discuss new industrial opportunities.

During the summit, an industrial park was unveiled, aiming to provide a one-stop solution for production assembly, public experimental platforms, and satellite data application needs to boost the aerospace information industry in Wuxi.

The Wuxi Aerospace Information Industry Fund Alliance was also formed to serve as a platform for industry collaboration and investment in the development of the aerospace information industry in the city.

Eighteen companies signed strategic cooperation agreements for the commercial aerospace industry ecosystem, while over ten research institutes and corporate organizations issued a joint declaration.

Wuxi Economic Development District and Geovis signed an agreement to establish the first national comprehensive base for the aerospace information industry chain, with a total investment of 3 billion yuan ($412 million).

Zhou Wendong, deputy mayor of Wuxi, highlighted the city's efforts in driving the clustering of the commercial aerospace industry, leveraging industries such as high-end equipment manufacturing and software services.

Zhou emphasized the importance of aerospace information application services in the industry chain, noting the trillion-dollar potential of this sector.

The summit also featured an exhibition area with 55 participating companies showcasing various technologies and innovations in aerospace and related fields.

Multiple forums and exhibitions were held during the conference, focusing on the aerospace economy, commercial aerospace, low-altitude economies, and other relevant topics.