Jiangsu is located on the eastern coast of mainland China. It has an advantageous geographical location and has been prosperous since ancient times. From January to April 2021, Jiangsu's foreign investment structure was optimized, its growth momentum was strong, and the scale of foreign investment continued to rank first in the country. The province's actual use of foreign investment was US$11.26 billion, a year-on-year increase of 45.2%, accounting for 19.1% of the country's total, and an increase of 1.2% and 0.3% respectively over the same periods in 2019 and 2020. In the face of changes in the external environment, we must unswervingly expand opening up, stabilize industrial and supply chains, and promote reform and development through opening up.
Including implementing the national policy of expanding opening up, strengthening the promotion of foreign investment, improving the level of investment facilitation, and strengthening the protection of foreign investment. Jiangsu's actual utilization of foreign investment ranks first in the country, and the European Union has surpassed the United States to become Jiangsu's largest trading partner. The manufacturing industry accounts for 42% of the province's actual utilized foreign investment, 17.1 percentage points higher than the national average. Apart from Hong Kong, Jiangsu Province remains the largest source of foreign capital. South Korea, Singapore and Japan have the highest actual utilization rates of foreign capital, exceeding the total foreign capital in Europe and the United States.
Jiangsu’s business development tends to be stable, and quality is improving amid stability. That is to say, the proportion of foreign investment used in the manufacturing industry is stable, the main sources of foreign investment remain stable, large-scale foreign investment projects are growing rapidly, capital increase projects are growing rapidly, and the concentration of foreign investment headquarters is accelerating. Jiangsu has taken various measures to stabilize foreign trade and foreign investment. There are nearly 30,000 foreign-invested enterprises in Jiangsu Province. The top ten are Seagate Technology, Nike, United Automotive Electronics Co., Ltd., Jindong Paper, Changshu Power Generation Co., Ltd., Suzhou Auchan Supermarket, Suzhou Epson, Adidas, Wuxi Eurasia Diesel Injection Ltd., Sony Cameo Electronics Co., Ltd.
Jiangsu will have 41 Yangtze River waterways. It is difficult to imagine how wealthy Jiangsu is. The newly opened Husutong Bridge has a main span of 1,092 meters and a main tower of 330 meters. It is the largest bridge in the world. The Tiansheng Port Husutong Bridge is a flexible steel arch bridge with a main span of 336m and is the largest bridge of its type in the world. The Changtai Yangtze River Bridge also has two auxiliary navigation steel arch bridges with a main span of 388 meters, which will surpass the Hutong Bridge and become the largest bridge in the new world.