In the first quarter of 2025, Fengxian District aims to commence 12 pivotal industrial projects, collectively totaling an investment of approximately 2.48 billion yuan. These projects are anticipated to yield an output value of 4.32 billion yuan, encompassing burgeoning sectors such as new energy vehicles, biomedicine, and high-end equipment. Notably, the Witton Spur new energy vehicle core component project boasts a total investment of 250 million yuan, with the objective of fostering the advancement of Fengxian District's new energy vehicle industry chain. To achieve this, Fengxian District will fortify policy support, refine the business environment, and expedite administrative approvals for industrial projects, thereby fostering the establishment of a contemporary industrial system.
