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Unveiled in August, 2015 and established and opened in November, 2015, the Wuxi (National) Intelligent Transportation Industrial Park has gathered 12 high-quality leading enterprises in the transportation industry nationwide within 5 months since opening. What is more praised is that 5 of the 12 enterprises settling down there are listed companies.

The Taihu City, where the park is located, is one of significant plates of industrial transformation and upgrade in Binhu District. Cui Hongliang, Deputy Director of the Management Office under the Wuxi (Binhu) National Sensing Information Center, said economy of numerous scientific research institutions in the district has brought immeasurable market to regional development. He also introduced when learning about the news that a lot of intelligent transportation enterprises in China, especially leading enterprises in Beijing, Shanghai, Guangzhou and other regions, had close relationship and were researching to strengthen cooperation with the Traffic Management Research Institute of the Ministry of Public Security in 2013, the Wuxi (Binhu) National Sensing Information Center which has already gained a firm foothold in the IOT (Internet of Things) field immediately optimized development goals, and placed main attack direction to joint establishment of nationally first-rate and internationally advanced intelligent transportation industrial base.

It only took nearly 2 years from finishing confirmation of cooperative purpose to official awarding. During the period, both sides not only reached consensus in how to build park, but also obtained approval and support of many enterprises in the industry in Beijing, Shanghai and Guangzhou. In November, 2015, the park opened, and determined the grand goal of establishing comprehensive service center, industry exhibition center, product testing center and engineering technology research center at the same time. What's more, it reached intention of constructing intelligent transportation product pilot plant test, comprehensive test base and organizing China smart transportation industrial alliance.