To thoroughly implement the spirit of the 20th National Congress of the Communist Party of China and General Secretary Xi Jinping’s important speeches on Jiangsu’s work, earnestly carry out the work arrangements of the Fourth Plenary Session of the 14th Provincial Party Committee and the Fifth Plenary Session of the 14th Municipal Party Committee, further strengthen investment promotion efforts, systematically advance the high-level development of the “465” modern industrial clusters, and promote high-quality economic development across the city, the following policy measures have been formulated.
I. Innovating Investment Promotion Models
(1) Strengthening Cluster-Based Investment Attraction. Focusing on the “465” modern industrial clusters, we will adhere to the “industrial clusters + specialized parks” development model, establish dedicated task forces comprising “industry departments + investment promotion teams,” and focus on key sectors and niche markets to develop customized investment promotion plans.We will support and guide various specialized industrial parks to form investment promotion task forces. By combining high-quality, specialized investment promotion activities, these parks will attract a batch of high-quality industrial projects characterized by large investment scale, strong development benefits, and significant industrial spillover effects. This will create and nurture new growth points, accelerate the formation of new-quality productive forces, and enhance new drivers of development. Enterprises receiving the “Specialized, Refined, Unique, and Innovative” designation for the first time will be granted a one-time reward of up to 500,000 yuan.
(2) Deepen investment promotion targeting chain-leading enterprises. Focus on cultivating and expanding the “3010” key industrial chains, targeting Fortune Global 500, China’s Top 500, and “Specialized, Refined, Unique, and Innovative” enterprises to attract chain-leading flagship companies and introduce landmark, pioneering projects. Rely on chain-leading enterprises to conduct investment promotion aimed at strengthening, supplementing, and extending industrial chains, thereby building a comprehensive industrial ecosystem.Fully leverage the deliberative and coordinating functions of the industrial chain development task forces to actively promote the organic integration of industrial development with project incubation and ecosystem building. Provide incentives to newly introduced headquarters enterprises and functional institutions in accordance with relevant regulations.
(3) Focus on the synergy between investment attraction and investment.Leveraging state-owned capital platforms to “attract investment through capital investment,” we will mobilize social capital to support the implementation of high-quality investment projects and form a synergistic force for industrial cultivation. We will establish a closed-loop mechanism spanning the entire investment lifecycle—from pre-investment to post-investment—covering “investment team recruitment—state-owned capital leadership—project implementation—equity exit—sustainable development.” We will build a comprehensive cluster of equity investment funds encompassing angel funds, venture capital funds, growth funds, M&A funds, and S-funds, covering the entire corporate lifecycle.Establish a “three-in-one” joint conference system involving government departments, financial institutions, and municipal state-owned enterprises to resolve bottlenecks and pain points in the approval, implementation, and financing processes of major industrial projects. Fund management companies that make significant contributions to investment promotion will be given priority in the selection for “Wuxi’s Best Partner.”
(4) Expand Investment Promotion Through Application Scenarios. Using “intelligent transformation and digital transition” as a lever, application scenarios as a driver, and major industrial project demonstrations as support, we will leverage distinctive scenarios such as vehicle-to-everything (V2X) networks, artificial intelligence, and “5G + Industrial Internet” to actively attract projects in big data, cloud computing, and intelligent technologies, thereby continuously expanding our competitive edge in application scenarios.We will strengthen the construction of smart city infrastructure, open up multi-dimensional application scenarios in areas such as dual-carbon initiatives, manufacturing, consumption, transportation, and services, actively introduce projects featuring new products, technologies, and business models, effectively promote the implementation of a batch of application scenario projects, and accelerate the construction of the province’s first fully digitalized operational city.
II. Expanding Global Investment Promotion Channels
(5) Accelerate the deployment of a global economic and trade exchange service network. Carry out the construction of Wuxi’s global economic and trade exchange service network in a tiered and categorized manner, and accelerate the formation of a domestic and overseas investment promotion network system covering key overseas countries and regions as well as key domestic cities.Standardize the working mechanisms and management systems of these service points, clarify the job responsibilities and operational procedures of staff members, and ensure the normal operation and full utilization of the service points’ functions. Conduct performance evaluations of each service point, with a maximum reward of 1 million yuan, to accelerate the convergence of high-quality global resources toward Wuxi.
(6) Strengthen cooperation with global investment promotion intermediaries. Select a group of world-renowned consulting firms, leading investment funds, and other intermediary institutions or experts from the global market to serve as global investment promotion advisors for our city. Encourage all cities (counties) and districts to collaborate with professional intermediaries on investment promotion through the procurement of services.The municipal and district levels will share the burden and increase incentives for project referrals. For major industrial projects that meet the requirements, referral agencies will receive a reward of 5‰ of the project’s actual paid-in capital, up to a maximum of 2 million yuan, upon project completion. For agencies with special channels or capable of making exceptional contributions, market-oriented approaches such as “open challenges,” public bidding, and global procurement will be adopted. Based on the “case-by-case” principle, support of up to 3 million yuan will be provided.
III. Building a Digital Investment Promotion Platform
(7) Innovate Digital Investment Promotion Platforms. Develop and refine maps of industrial chain layouts, capital activity heat maps, and distribution maps of business platforms. Leveraging GIS (Geographic Information System) maps and VR panoramas, rationally allocate industrial, business, and commercial resources across the entire region. Digitally link investment promotion information from departments, districts, development zones, and state-owned enterprises to precisely target and attract prospective enterprises, thereby conducting high-quality industrial investment promotion.
(8) Enhance Information Management Capabilities. Establish and improve a management system for major investment projects, creating a “three databases and one platform” system comprising a project database, an event database, a resource database, and a project advancement platform to centrally manage and advance major investment projects. Utilize big data technology to strengthen the aggregation and sharing of information on industries, projects, and key factors; create precise profiles of the city’s existing key industries, emerging industries, and future industries; forecast industrial investment trends; and accurately identify target enterprises for industrial investment promotion.
IV. Building a Collaborative Investment Promotion System
(9) Strengthen citywide coordination of investment promotion. Deepen the implementation of the “1+N+1” full-chain investment promotion mechanism, fully leverage the coordinating and hub functions of the Municipal Investment Promotion Center, and reinforce overall coordination, local responsibility, and interdepartmental collaboration. Streamline the investment promotion information network across all levels—municipal, county, and district—to create a comprehensive, efficient, and streamlined work system that spans all horizontal and vertical levels, thereby promoting the coordinated optimization of investment policies, activities, platforms, resources, and information.
(10) Leverage the Investment Attraction Strengths of Industry Departments. In accordance with the principle that “managing an industry entails managing investment attraction, and managing a sector entails managing investment attraction,” encourage lead industry departments to leverage their functional roles to deeply engage with industry resources, establish think tank platforms, research and introduce specialized policies, and plan major industrial project attraction efforts within their respective fields. For major and particularly significant investment projects, collaborate with departments responsible for resource allocation to form dedicated task forces to concentrate efforts on overcoming challenges.
(11) Clarify Primary Responsibilities for Investment Promotion. Fully leverage the role of cities (counties), districts, development zones, specialized industrial parks, and municipal state-owned enterprises as the “main fronts” for investment promotion. By capitalizing on regional endowments and industrial strengths, improve the suitability of attracted projects, carry out targeted efforts to “extend, supplement, and strengthen industrial chains,” and provide effective follow-up and implementation services for investment projects.
(12) Improve the project transfer mechanism. Streamline project transfer channels, improve the mechanisms for sharing fiscal and tax revenues and allocating quotas for the cross-regional relocation of existing projects, and explore mechanisms for information exchange and quota sharing regarding projects initially received by other regions. This will prevent the loss of high-quality projects and avoid vicious competition between regions, striving to create a city-wide “coordinated” investment promotion framework.
V. Optimizing Investment Promotion Mechanisms
(13) Strengthen full-lifecycle management of major projects. Establish a “List of Major Projects Under Negotiation,” and strengthen chain-based management covering the entire lifecycle—including project information identification, analysis, handover, follow-up, and implementation. Timely consolidate and resolve issues arising during the project attraction and implementation process to improve the conversion rate of project leads and expand the volume of actual investment.
(14) Strengthen the branding of investment promotion activities. Establish a “Global List of 100 Key Economic and Trade Investment Promotion Events” to advance these activities in a phased and timely manner, with a focus on building event brands such as the “Golden Autumn Investment Promotion Month” and the “Wuxi Reception Hall.” Enhance the overall planning and branding of investment promotion activities, conduct thorough project screening and supervision, and improve the conversion rate of signed projects from these events.
(15) Improve the incentive and evaluation mechanism for investment promotion. Optimize indicator settings, implement the city-wide reporting mechanism for “Major Projects” and “Investment Promotion Activities,” and conduct quarterly evaluations of investment promotion efforts. Through the selection of Investment Promotion Pioneers, Gold (Silver, Bronze) Medal Projects, and Advanced Collectives in Investment Promotion and Support, increase incentives for municipal departments, state-owned enterprises, city (county) districts, development zones, and teams responsible for attracting major and extra-large investment projects.The selection of advanced collectives for investment promotion and business support shall not exceed 25% of the total number; the selection of Investment Promotion Pioneers shall not exceed 30 individuals; and the selection of Gold, Silver, and Bronze Medal Projects shall not exceed 5, 10, and 20 projects, respectively (with manufacturing projects accounting for no less than 80% of the total). The teams responsible for attracting award-winning projects will be granted a reward of up to 200,000 yuan.
(16) Strengthen support for the implementation of investment projects. Implement incentives for the establishment of major projects; key industrial investment projects that align with the city’s “465” modern industrial cluster strategy will be granted corresponding rewards in accordance with modern industrial policies.We will make greater efforts to attract and utilize foreign investment. For newly approved foreign-invested projects that meet the requirements, we will provide incentives of up to 2% of the actual foreign capital received, not exceeding 50 million yuan, based on project categories. For newly recognized provincial-level regional headquarters (including division headquarters) and functional offices of multinational corporations, we will provide financial subsidies of up to 6 million yuan and 2 million yuan, respectively.
(17) Improve full-chain services for major projects. The municipal and district levels will collaborate to advance the “Three Improvements and Three Immediate Actions” reform, focusing on the dual objectives of precise allocation of resources and enhanced approval efficiency, to further improve the standardization, normalization, convenience, and digitization of approval services. Strengthen service support for senior management and key technical personnel of major investment projects, providing assistance in areas such as settlement, housing, children’s education, and medical care; eligible outstanding talents will be included in the “Taihu Talent Plan” and receive priority support.
VI. Strengthening the Development of Platforms and Investment Promotion Teams
(18) Continuously optimize platforms for industrial investment attraction.We will thoroughly implement the “city-controlled + district-allocated” tiered management model for land use planning indicators, strictly enforce the “checklist + evaluation” differentiated allocation system, and strengthen the coordinated allocation of resources to guide limited resources toward regions and projects characterized by “speed, quality, and high value.” We will accelerate the promotion of the “standard land + dual-purpose land + customized land” supply model for industrial land, pilot new methods for mixed-use and multi-level development of the same plot, and attract the accelerated aggregation of innovative resources.
(19) Enhance the professional capabilities of investment promotion personnel. Strengthen the comprehensive capabilities of the city’s investment promotion team by regularly collaborating with municipal state-owned enterprises, industrial funds, and industry associations to conduct specialized training for investment promotion officials. Through a combination of “theory and practical training,” cultivate a professional investment promotion team that understands both industry and policy. Strengthen the training and exchange of investment promotion officials at both the municipal and district levels, and dispatch outstanding young officials to frontline investment promotion positions and state-owned enterprise industrial platforms for practical experience to develop versatile investment promotion specialists.
(20) Stimulate the vitality and motivation of the investment promotion team. Intensify efforts to recruit high-level, specialized investment promotion personnel through market-oriented channels to optimize and strengthen the municipal-level investment promotion team. Actively explore pilot reforms of the investment promotion employment system and scientifically establish a performance appraisal system. Focus on cultivating, identifying, and selecting cadres from the front lines of investment promotion, and establish sound mechanisms for personnel development and promotion.
The Municipal Bureau of Commerce and the Municipal Bureau of Finance shall be responsible for interpreting these measures. Where similar policies exist, they shall be implemented in accordance with the principle of “choosing the most favorable option without duplication”; relevant detailed rules and cost-sharing methods shall be formulated separately. These measures shall take effect from the date of issuance.
