On December 9, at the Financial Empowerment Conference and Shangxian Lake 
Financial Summit held in Wuxi, Jiangsu Province, representatives from the 
country's best financial institutions, especially some private equity 
institutions, participated in witnessing the unveiling of the Wuxi Fund PARK 
both offline and online. It is born for "financial empowerment, the combination 
of industry and finance", and it is the innovation base of the combination of 
industry and finance in the Yangtze River Delta, according to the Shangxian 
Lake Financial Summit.

Wuxi Fund PARK is in the wetland park in the core area of Taihu New City, Wuxi, 
with a green rate of 52%, beautiful environment and excellent ecology. The 
first phase consists of 31 modern high-looking wooden structure buildings, 
including 27 headquarters office buildings with different forms, and 4 
buildings with supporting functions such as industrial display, enterprise 
services, project roadshow, catering, fitness, 24-hour picture and text 
reading, etc. 

In addition, relying on the developed advanced manufacturing base in the 
Yangtze River Delta, the park has built an equity investment communication 
platform, a docking platform for investment and financing projects, a research 
platform for financial think tanks, and a platform for cultivating financial 
talents. It will effectively promote the deep integration of all kinds of 
capital, emerging industries, and high-end talents, and make it more physically 
and mentally capable of both internal and external repair. It is making every 
effort to build 16 advanced manufacturing industrial clusters, of which 9 
industrial clusters have a main income of more than 100 billion yuan.

Finance is the lifeblood of modern economy. Advanced manufacturing industry 
cannot do without financial empowerment, capital support, and equity investment 
with the characteristics of risk-sharing and benefit-sharing characteristics is 
undoubtedly one of the most attractive financial means. To this end, Wuxi has 
specially formulated 15 articles on "Equity Investment Development" and given 
many attractive preferential policies. Today, the opening of the Wuxi Fund PARK 
undoubtedly fills in a handful of firewood for many equity funds to gather in 
Wuxi.

At present, Wuxi Fund PARK has attracted a number of financial institutions, 
including PE/VC head institutions, four major accounting and law firms, central 
and local well-known enterprises, sub-sector head investment funds, investment 
cutting-edge institutions, etc.

Source: Shangxian Lake Financial Summit