WND rolls out business environment action plan 9.0

Wuxi National Hi-Tech District. [Photo/WeChat account: xinwu_wx]

Wuxi National Hi-Tech District, also known as Xinwu district or WND, has unveiled Version 9.0 of its action plan to optimize its business environment, introducing 30 new measures designed to build a full-chain support system across five key areas: market access, investment, innovation, rule of law, and government services.

The latest upgrade aims to further reduce institutional transaction costs for enterprises and improve the efficiency of resource allocation.

To foster a fair and orderly market, the plan includes measures to streamline market entry and exit channels, safeguard fair competition, and standardize bidding and government procurement processes.

In building an open and convenient investment environment, the district will enhance public infrastructure services, strengthen integrated financial services, optimize human resources support, and facilitate both inbound and outbound business expansion. Additional steps focus on developing high-level opening-up platforms and improving living and working amenities to attract global talent and capital.

To create an innovation-friendly ecosystem, the district will support scientific research and commercialization of results, expand backing for entrepreneurship, attract high-level talent, promote the development and utilization of data, and reinforce intellectual property protection.

The action plan also emphasizes a fair and transparent legal environment, with measures to improve public legal services, enhance diversified dispute resolution mechanisms, strengthen the protection of corporate rights and interests, while also addressing overdue payments owed to enterprises.

Meanwhile, efforts to build an efficient and responsive government service environment include upgrading the 12345 public service hotline mechanism and improving communication channels between government and enterprises.

WND is reinforcing its commitment to creating a stable, transparent, and innovation-driven business climate, further consolidating its position as a dynamic hub for advanced manufacturing and high-tech industries.