WND signs 20 major projects worth 57.7 billion yuan in February

Wuxi National Hi-Tech District, also known as WND, signed 20 major projects in February with a combined investment of 57.7 billion yuan ($8.39 billion), further strengthening its position as a key hub for advanced manufacturing, foreign investment and emerging industries.

So far this year, the district has secured 35 major projects with a total investment of 73.3 billion yuan, reflecting strong investor confidence in the area's business environment and industrial ecosystem.

Stellantis plans to establish its China headquarters in WND. [Photo/WeChat account: xinwu_wuxi]

Among the most notable projects, global automaker Stellantis has chosen the district as the location for its China headquarters. The company aims to use Wuxi's manufacturing strengths to connect with emerging markets along the Belt and Road, particularly in the Middle East and Africa.

Bollhoff's China subsidiary in WND. [Photo/WeChat account: xinwu_wx]

German company Bollhoff Group is also expanding its investment in the district. Its Chinese subsidiary, established in 2004, invested more than 100 million yuan to upgrade smart production lines for new-energy vehicle fasteners and support related research and development activities.

TransInfo provides digital products and solutions focusing on smart transportation, smart IoT and connected mobility. [Photo/WeChat account: xinwu_wx]

In the high-end service sector, Beijing-based China TransInfo will partner with the district to establish a CVC (corporate venture capital) Fund, aiming to foster innovation in the internet of things sector. As China's first publicly listed intelligent transportation company, TransInfo provides digital products and solutions focusing on smart transportation, smart IoT and connected mobility. Its services now cover urban transport, highways, railways and civil aviation, supporting more than 2,000 leading enterprises worldwide.