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Investing in Jiangsu

Located in East China, Jiangsu is one of the most economically developed provinces in China. With its capital in Nanjing known as the second-largest city in the East China region. The Province of Jiangsu covers a total surface area of 102,600 km2 alongside a population of 80.7 million inhabitants. Jiangsu province is acknowledged to be a strong production base of industrial machinery and equipment, electronics, petrochemicals, textiles, and new materials.

The Province of Jiangsu is a hub for foreign-invested enterprises among the main recipients of FDI flowing into China. Accomplishing 59,308 foreign investment companies with a total export of USD 394.8 billion and a total import of USD 234.7 billion. In addition to an average urban salary of USD 12,799.

In terms of GDP, the Province of Jiangsu ranked second in China after Guangdong province, reaching USD 1,582 billion in 2020 and USD 1,431 billion in 2019 with a GDP per capita of USD 17,735. Along with GDP growth of +6.1% in 2019 and +3.7% in 2020.

Main Economic Centers (GDP) in Jiangsu

· Suzhou (USD 276 billion)

· Nanjing (USD 202 billion)

· Wuxi (USD 170 billion)

· Nantong (USD 135 billion)