Wuxi, a city renowned for its robust manufacturing sector, has achieved a significant milestone with its per capita GDP surpassing 200,000 yuan (approximately $28,500) in 2023. This achievement underscores Wuxi's commitment to high-quality development and economic transformation.
Traditionally a manufacturing powerhouse, Wuxi is now strategically shifting its focus towards the integration and clustered development of strategic emerging industries. By targeting new fields and avenues, the city is adjusting its industrial structure to foster faster and more sustainable growth.
A standout example of this transformation is the establishment of the world’s first \"lighthouse factory\" dedicated to special steel. This innovative facility exemplifies how Wuxi is embracing the new era of the Internet of Everything, integrating advanced technologies to enhance production efficiency and product quality.
As Wuxi continues to evolve, its blend of traditional manufacturing strengths and forward-thinking strategies positions it as a leading city in the global landscape of high-quality development. The city’s proactive approach serves as a model for other regions aiming to balance economic growth with innovation and sustainability.
Reference(s):
Wuxi delivers a new answer sheet for high-quality development
cgtn.com
