The 2025 Annual Session of the Wuxi National High-Tech Industrial Development Zone International Advisory Consultative Committee took place on November 18 in Wuxi, Jiangsu Province. This high-profile event, themed ‘Connecting the World, Inspiring the Future,’ gathered approximately 50 global executives, institutional leaders, and representatives from Fortune Global 500 companies, international consulting firms, and major business associations. The primary objective was to integrate global expertise into the formulation of the 15th Five-Year Plan (2026-30) for the region.
During the session, nine multinational corporations, including GE Healthcare, Panasonic, and LG Chem China Investment, were appointed as new consultants to the committee. Additionally, prominent firms such as Shinhan Bank, KPMG, and PwC were named Global Investment Promotion Partners, tasked with advancing international investment cooperation.
Discussions focused on aligning global insights with local practices, covering topics like industrial-chain innovation, future industry planning, and cross-border resource integration. Key participants included representatives from SK Hynix, AstraZeneca, and SEMI, whose recommendations are expected to drive new growth engines and foster an open, innovation-led economy during the 15th Five-Year Plan period.
The Wuxi National High-Tech Industrial Development Zone has demonstrated significant progress during the 14th Five-Year Plan (2021-25), attracting over $5 billion in foreign investment and maintaining annual foreign trade above 350 billion yuan ($49.23 billion). The zone is home to nearly 1,900 foreign-invested enterprises, including 128 Fortune Global 500 companies, which contribute significantly to the region’s industrial output and trade.
Established in 1998, the International Advisory Consultative Committee has been instrumental in the zone’s development, offering strategic advice and fostering international partnerships. This year’s session reinforced the region’s commitment to becoming a world-class, innovation-driven hub, further solidifying its global economic influence.