PR99698

WUXI, China, March 3, 2023 /Xinhua=KYODO JBN/--

On March 2, Wuxi Science and Technology Innovation Conference announced that in

2022, the number of science and technology-based SMEs in Wuxi exceeded 10,000

for the first time, reaching 10,651; the city's high-tech industry output value

accounted for 50.4% of industrial output value, breaking the 50% watershed for

the first time.

Wuxi's science and technology-based SMEs and high-tech enterprises reached

10,651 and 5,546, an increase of 2.87 times and 1.99 times respectively

compared to data of 2019; the number of effective invention patents increased

from 29,000 to 45,000, three-quarters of which were born in enterprises; the

proportion of output value of high-tech industry and strategic emerging

industry to industrial output value rose to 50.4% and 41.3%, up 4.8 and 13.2

percentage points respectively from 2019.

More enterprises are speeding up the promotion of R&D institutions to expand

their capacity and take up the role as the main force of innovation. 161 new

enterprise R&D institutions above the provincial level were established in

2022, a record high in previous years. Three enterprises, including ZKICME,

FASTEN and NCAP China, were shortlisted for the provincial innovation

construction pilot, and the number of shortlisted enterprises in Wuxi ranked

first in Jiangsu Province.

Wuxi, located in the geometric center of the Yangtze River Delta, is taking

advantage of location to highlight its center role in the Taihu Lake Science

and Innovation Community. On February 21, a delegation from Wuxi went to Hong

Kong to set up the Wuxi (Hong Kong) Science and Technology Innovation Center

and sign 43 projects on talent, industry, innovation and finance.

"Wuxi will firmly promote enterprises to become the main body of innovation

decision-making, R&D investment, scientific research organization and

transformation of results, and empower the city of industry and commerce in the

new era with the power of science and innovation." Du Xiaogang, Secretary of

the Wuxi Municipal Committee of the CPC, said that in the current and future

period, Wuxi will accelerate the cultivation of high-level innovative

enterprises, through the implementation of a new round of innovative

multiplication plan. By 2025, Wuxi will have 15,000 new science and

technology-based SMEs, 10,000 new high-tech enterprises, and 1,300 new

provincial-level or higher enterprises. It aims to build a first-class

industrial innovation highland with international influence.

Source: Wuxi Science and Technology Innovation Conference