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Wuxi is located in the central area of the Yangtze River Delta. It covers an area of 4,788 square km and has a total population of 5.84 million.

It exercises jurisdiction over the county-level cities of Jiangyin and Yixing.as well as seven districts of Chongan, Nanchang, Beitang, Xishan, Huishan, Binhu and Xinqu.

Taihu Hotel
Standard:★★★★★
Add:Meiyuan, Yugang
Road, Wuxi

Hubin Hotel
Standard:★★★★★
Add:No.1, Huanhu
Road, Wuxi

Wuxi is the birthplace of Wu Culture, national industry and commerce, and township enterprises in China. It is an Outstanding Tourist City of China, a National Sanitary City, a National Garden City, a National Model City for Science and Education, and one of the Top 10 Most Competitive Cities in China. It is a city with characters.
 
 
 

 


 

SHANGHAI - Wal-Mart Stores Inc plans to increase its investment in Yihaodian, a fast-growing eCommerce website in China, increasing Walmart's share from 20 percent to approximately 51 percent.

Analysts said the move will allow Wal-Mart to continue to reach younger customers, who increasingly prefer to shop online.

"As a foreign company, Wal-Mart knows online stores will affect the profitability of traditional stores. Partnering with Yihaodian will help Wal-Mart maintain profitability in its traditional bricks-and-mortar stores while developing in the eCommerce sector", said Peng Jianzhen, deputy secretary-general of the China Chain Store and Franchise Association. 

Neil Ashe, President and CEO of Walmart Global eCommerce, said, "This investment further enables Walmart to deliver a superb customer experience to Chinese consumers who are already connected to the world through smart phones and social media. We are on track to create the next generation of eCommerce, offering the latest in online innovations to give our customers a unique shopping experience."

The transaction is subject to Chinese government approval.



Editor:will

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