From January to October, Changzhou’s paid-in foreign investment registered a 23.1-percent increase over the same ten months last year, 5.7 percentage points higher than the national average and two percentage points higher than the provincial average.

In addition to the new projects invested by Medtronic, SK, and Saint-Gobain, there were four manufacturing projects with over 300 million US dollars invested by Kanghui Med, STA Pharmaceutical, BTR New Material, and New Solar Tech.  

By sector, the paid-in foreign investment in manufacturing was 972 million US dollars, up 33.2 percent – with automotive manufacturing soaring 92.8 percent year on year. And that in high-tech industries rose 57.1 percent over the same period in 2021.

The data was presented by the Commerce Bureau of Changzhou.

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