Wuxi Fund PARK: an innovation base for the combination of industry and finance
PR93672
WUXI, China, Dec. 14, 2021 /Xinhua=KYODO JBN/--
On December 9, at the Financial Empowerment Conference and Shangxian Lake
Financial Summit held in Wuxi, Jiangsu Province, representatives from the
country's best financial institutions, especially some private equity
institutions, participated in witnessing the unveiling of the Wuxi Fund PARK
both offline and online. It is born for "financial empowerment, the combination
of industry and finance", and it is the innovation base of the combination of
industry and finance in the Yangtze River Delta, according to the Shangxian
Lake Financial Summit.
Wuxi Fund PARK is in the wetland park in the core area of Taihu New City, Wuxi,
with a green rate of 52%, beautiful environment and excellent ecology. The
first phase consists of 31 modern high-looking wooden structure buildings,
including 27 headquarters office buildings with different forms, and 4
buildings with supporting functions such as industrial display, enterprise
services, project roadshow, catering, fitness, 24-hour picture and text
reading, etc.
In addition, relying on the developed advanced manufacturing base in the
Yangtze River Delta, the park has built an equity investment communication
platform, a docking platform for investment and financing projects, a research
platform for financial think tanks, and a platform for cultivating financial
talents. It will effectively promote the deep integration of all kinds of
capital, emerging industries, and high-end talents, and make it more physically
and mentally capable of both internal and external repair. It is making every
effort to build 16 advanced manufacturing industrial clusters, of which 9
industrial clusters have a main income of more than 100 billion yuan.
Finance is the lifeblood of modern economy. Advanced manufacturing industry
cannot do without financial empowerment, capital support, and equity investment
with the characteristics of risk-sharing and benefit-sharing characteristics is
undoubtedly one of the most attractive financial means. To this end, Wuxi has
specially formulated 15 articles on "Equity Investment Development" and given
many attractive preferential policies. Today, the opening of the Wuxi Fund PARK
undoubtedly fills in a handful of firewood for many equity funds to gather in
Wuxi.
At present, Wuxi Fund PARK has attracted a number of financial institutions,
including PE/VC head institutions, four major accounting and law firms, central
and local well-known enterprises, sub-sector head investment funds, investment
cutting-edge institutions, etc.
Source: Shangxian Lake Financial Summit
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