Financial Services

Wuxi is the first prefecture city with complete financial license platform in China, and has been ranked as No.1 among all prefecture cities for many years in terms of the amount of public companies and funds raised (138 listed in Year 2018 and 268 listed on China’s over-the-counter exchange for small companies).

Wuxi is the pilot city on commercial factoring at South Jiangsu Modern Demonstration Zone, the first city with all joint-stock bank branches in Jiangsu Province, and 8 foreign banks also have set their branches and representative offices in Wuxi.

2006: MIZUHO Bank, UFJ Bank

2009: Shinhan Bank, NCB

2012: HSBC

2013: BEA

Presently, there are 4 mega government industrial funds with investment over RMB 15 billion respectively.

1. The total scale is 20 bilion yuan, Wuxi integrated circuit industry investment funds is used for the introduction of major investment projects in the IC industry chain.

2. The total scale is 25 billon yuan, the Nationl Alliance's industrial patent fund is invested in the industrial of envirnmental energy, high-end equipment, big health, new material and so on.

3. The total scale is 16 billon yuan, Tsinghua emerging industry investment funds, investment in integrated circuits, life and health, energy and envienmental industry.

4. The total scale is 15 billion yuan, Taihu Equity Investment Fund, mainly invested in smart equipment manufacturing, new energy and new materials, IOT, energy saving and envirnmental protection, medical and health industries.