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China’s rapid economic development is attracting the world’s attention. In the context of economic globalization featuring internationalization of R&D and technology transfer, China’s burgeoning economy is now ushering in another excellent opportunity.
Jiangsu, located in the coastal area of eastern China and neighboring Shanghai, is highly opened up to the world. Being one of the well developing and most dynamic provinces in China, Jiangsu is experiencing a brand new period of economic boom. It’s annual growth rate of GDP averages to 15% over the past 5 years. And in the year of 2007, the per capita GDP reached to 4,428 US dollars.
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