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Wuxi Trade Delegation Signs 5.757-billion-dollar Orders
updated on:2018-12-03 17:08

Wuxi Economic and Trade Delegation paid a visit on Israel, the Republic of Korea (ROK), and Japan from November 21 to 29. In a short period of eight days, the delegation transferred between eight cities in these three countries. In addition to a visit to Tiberias, Israel, one of its friendship cities, it also explored such internationally well-known universities, institutes and enterprises as Israel’s ORT Braude College, Israel Aerospace Industries, and Israel Innovation Authority, the ROK’s SK Holdings, SK Hynix, LG Chem, and Samsung SDI Corporation Limited, and Japan’s Yakult, Nissan Motor, Panasonic, JTEKT, and Sharp Corporation.

The delegation convened a seminar on modern industrial cooperation and a seminar on intelligent manufacturing cooperation in Seoul, the ROK, and Tokyo, Japan, respectively, and arranged 15 meetings to seek wider and deeper cooperation in science and technology, human resources, and industry. A batch of agreements on deepening cooperation were reached, with two group signing ceremonies and six individual signing ceremonies held in succession. It was decided to start 19 projects in Wuxi, including intelligent lithium batteries, new types of high-end display screens, research, development and manufacturing of vehicle-mounted intelligent equipment, new energy vehicles, research, development and manufacturing of environmental protection equipment, ESS energy-storage power stations, lithium battery film equipment, high-end precision bearing, and new types of display materials, with a total investment of 5.757 billion dollars, which has brought new impetus to building Wuxi into a city with strong industries.

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