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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
Add:Meiyuan, Yugang
Road, Wuxi

Hubin Hotel
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.



BEIJING - Property prices dropped in more Chinese cities both on a monthly and annual basis in December as the market cooled following the government's persistent tightening efforts.

In December, 52 cities out of the statistical pool of 70 major cities saw drops in new home prices from November, compared with 49 cities the previous month, the National Bureau of Statistics (NBS) said on Wednesday.

New home prices in 16 cities stayed flat last month from November, while only two cities reported price hikes, which were all below 0.1 percent, according to a statement posted on the NBS website.

On a year-on-year basis, nine cities out of the 70 saw new home price declines in December, up from four in November. Growth of new home prices eased in 55 cities, the NBS said.

Meanwhile, prices of resold homes fell in 51 cities from November to December, while 29 cities saw drops in resold home prices from a year earlier, up eight cities from November, it added.

Since 2010, the country has imposed a raft of measures aiming to calm property prices. Those measures include higher down payments, a ban on third-home purchases, a property tax in some cities and the construction of low-income housing.


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