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Brief market research of Wuxi

General Overview of Wuxi

Wuxi (simplified Chinese: 无锡) is an old city in Jiangsu province. Split in half by Lake Tai, Wuxi borders Changzhou to the west and Suzhou to the east. The northern half looks across to Taizhou across the Yangtze River, while the southern half also borders the province of Zhejiang to the south. Wuxi earned its nickname “Pearl of Lake Tai” because it’s built on the shore of Lake Tai in a scenic setting. Wuxi was also dubbed “little Shanghai” because of its close proximity to the city, rapid urbanization and booming economy.Wuxi also has a history of business people involved in modern Shanghai commerce since the early 20th century. And the famous snooker player Ding Junhui is also born here.

The total area of Wuxi is 4787.61 km2.  According to the 2010 Census, the prefecture-level of Wuxi has a population of 6372624, 1192777 inhabitants more than in 2000 (the average annual population growth for the period 2000-2010 was of 2.09%).

Well-known Chinese solar photovoltaic Companies in Wuxi
The primary industries in Wuxi are electric motor manufacturing and MRP software development. In the meanwhile, Wuxi is the solar technology hub in China as two major solar energy companies are based in the city. They are Suntech Power and Jetion Holdings Ltd which are also listed on overseas stock exchanges. The most developed industry in Wuxi now is the energy industry and the newly developed solar photovoltaic industry gives the postmodern style city some new energy.

City life and Foreigners in Wuxi

There are many foreigners in Wuxi as well as foreign restaurants ranging from the Japanese Style to the Frech Style. HanLin hot coals(韩林炭烤) from Korea, Gold Thai Elephant(金泰象)from Thailand, Provence Restaurant(普罗旺斯西餐厅)which is in french style are all recommended places for foreigners to have a good time in. And it gives the foreigners a lot of chance to do business here.

Wuxi is a major tourist area of the Lower Yangtze Delta. It has both natural and man-made places of interest which is really attractive to both chinese and foreigners.Wuxi has many private gardens built by rich people in the past. Among those, Li Yuan, Mei Yuan are good examples that have been well preserved. Xihui Park, located at the foot of Xi Shan also houses historical relics, notably Jichang Garden. It is about 1,770 kilometres in length which is absolutely long.