Chambers Yang has been retained to provide legal consulting services for the establishment of Huishan Life Science & Technology Park, Wuxi National High & New-tech Industrial Development Zone

Wuxi is located at the center of the Yangtze River Delta Economical Ring. As new economic growth, Wuxi Government has planned to make urban economy development strategies to structure the “Greater Wuxi”. The China Worldbest Group Co., Ltd has formed a business framework with life science, medical care technology, biological technology and modern Chinese traditional medicine as core industry in the 21-century. The China Worldbest Group in collaboration with Wuxi City Government & Huishan District Government, are jointly developing the Huishan Development Zone. With a land area of 11 sq. km, it is estimated that the total investment will be around RMB 20 billions. The construction will be completed in 8 to 10 years. It is the first high Science & Technology Park which is supported by government, operating in the form of enterprise and market.

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