Over the past three years, Nanjing’s foreign trade imports and exports have made remarkable strides, reaching the 500 to 600 billion yuan threshold. Notably, the utilization of foreign capital has impressively sustained double-digit growth for three consecutive years.

In the initial half of this year, Nanjing has sealed deals for projects with an aggregate investment of 640.18 billion yuan, resulting in an actual utilization of foreign investment amounting to 3.96 billion U.S. dollars. This period has witnessed the attraction of several high-caliber projects and headquarters establishments, including TICA’s clean air-conditioning R&D and the second headquarters of Hundsun.

The city give full play to the role of the economic development zones as the main positions of opening up to the outside world. Jiangning Economic and Technological Development Zone and Nanjing Economic and Technological Development Zone have ranked first among more than 210 national-level economic and technological development zones in China for consecutive years. TSMC, LG Energy Solution, and other major foreign-funded projects in the park strongly support the integrated circuits and new energy industry clusters worth over RMB 100 billion in Nanjing at present.