Wuxi Liangxi New Industry City is located in the heart of Liangxi district of Wuxi city. It is situated between Wuxi old town and Taihu New City. It is bounded by the Beijing-Hangzhou Grand Canal in the east, Liangtang River in the south, Nanhu Avenue in the west and Jincheng Road in the north.
In June 2012, CFLD joined hands with the former Nanchang District People's Government of Wuxi City to develop Wuxi Liangxi New Industry City. Committed to the model of a New Industry City model "small, sophisticated and complete" in south Jiangsu province, the new entity is dominated by the Internet of Things and the medical equipment industry, and has accumulated high Industrial clusters represented by a group of advanced enterprises such as China Resources Smart Gas, New Journey Investment Group, Jacal electronic (Wuxi) Co., Ltd., Wuxi CPE Electronics Co., Ltd., Wuxi Tianhe Electronics, and Jiangsu Seven-Dimension Test Technology Co., Ltd.
It is estimated that, in 2020, it will have created a “professional and specialized” industrial cluster focusing on sensor equipment, with the industrial Internet of Things and smart medical care as the two wings, becoming a powerful center of the Internet of Things in the Yangtze River Delta.