After World War II, Wuxi's importance as an economic center diminished, but it remains a regional manufacturing hub. Tourism has increasingly become important. On April 23, 1949, Wuxi was divided into Wuxi City and Wuxi County, and it became a provincial city in 1953 when Jiangsu Province was founded. In March 1995, several administrative changes were made within Wuxi City and Wuxi County to accommodate for Wuxi New District, with the creation of 19 administrative villages such as Shuofang, Fangqian, Xin’an and Meicun. Jiangnan University was originally founded in 1902, before merging with two other colleges in 2001 to form the modern university.