Wuxi National Hi-tech District's economy continues to develop with steady growth momentum despite disruptions caused by the COVID-19 outbreak in 2020.

In 2020, the district approved 107 projects with a single investment exceeding 100 million yuan ($15.4 million), totaling 46.1 billion yuan. Among the 107 projects, 14 projects each attracted an investment exceeding 1 billion yuan.

A total of 30 key projects started operation in WND in 2020, with an additional capacity of more than 18 billion yuan.

WND released three three-year plans in 2020 to promote the development of the digital economy, the headquarters economy, and the transportation hub economy. The industrial value of the internet of things and integrated circuits rose by 14 percent and 20 percent respectively in 2020, according to official data.

WND has been attractive to enterprises and projects working on technological innovation since its establishment. In 2020, 1,480 technology enterprises were introduced to do their business in WND, a year-on-year increase of 70 percent. Seven enterprises were included in the list of potential unicorn companies in the creation area of southern Jiangsu province.

Investment on improving people's livelihoods was also promoted in WND in 2020. The district introduced 21 new school projects last year to provide education to over 10,000 students. The SK Hynix Wuxi Hospital, which had an investment of around 3.8 billion yuan from South Korea-based semiconductor manufacturer SK Hynix, received approval to start construction in WND.