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Livable Changzhou emerges as magnet for global investment, talent


BEIJING, June 18, 2026 /PRNewswire/ — A report from People’s Daily:

Nestled at the heart of the Yangtze River Delta, Changzhou, east China’s Jiangsu province, is a city where rich cultural heritage meets modern vitality. Leveraging its comprehensive industrial ecosystem, high-quality business services, and inclusive urban environment, Changzhou has steadily expanded its opening up and become fertile ground for both living and working.

The city continues to attract global talent and resources. Today, more than 4,000 foreign residents have made their homes and careers there, evolving from witnesses to the city’s development into active participants who grow alongside it and contribute to its success.

A Robust Industrial Ecosystem

Industry forms the backbone of urban development and provides the foundation for greater opening up. Changzhou’s well-developed industrial chains and full-cycle business support services offer solid backing for both foreign-invested enterprises seeking long-term growth and international professionals pursuing career development.

One notable example is Germany’s industrial giant Thyssenkrupp, which has increased its investment in Changzhou six times over the past six years, becoming a vivid illustration of mutually beneficial cooperation between foreign investors and the city.

According to Arne Mayer, a German national and general manager of Bilstein, a German manufacturer of high-performance shock absorbers and suspension systems under Thyssenkrupp, the city’s mature industrial and supply-chain ecosystem is a key factor attracting companies to establish long-term operations there.

“Here, personal growth, business growth, and industrial development are closely interconnected and reinforce one another,” he said.

Beyond its strong industrial support system, Changzhou’s efficient and business-friendly environment has also earned widespread recognition from foreign enterprises.

In October 2022, Ypsomed Manufacturing Co., Ltd., a subsidiary of Switzerland’s Ypsomed Group, a leading developer and manufacturer of self-injection systems for liquid medications, established its first production base in the Asia-Pacific region in Changzhou.

Reto Felber, head of Ypsomed Manufacturing Co., Ltd., said that the city’s excellent business environment was what impressed the company most. Government departments work efficiently, listen attentively to businesses, and actively help solve practical challenges, he noted.

Today, more than 3,000 foreign-invested companies run operations across Changzhou. A total of 107 Fortune Global 500 companies have launched 216 projects within the city. Changzhou is also home to 34 provincial-level regional headquarters and functional institutions of multinational corporations, as well as 35 foreign-funded research and development centers. In addition, it has developed six provincial-level international cooperation parks, including China-Germany and China-Switzerland cooperation zones.



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