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SIP Seeks Advice form Senior Managers of Foreign-invested Enterprises

How to evaluate the pro-business service of Sipac? How to improve the investment climate in SIP? How to raise the innovative capacity of SIP? And How to optimize industrial structure of SIP? With these questions in mind, Wang Jinhua, Deputy Secretary of CPC Suzhou Municipal Committee and Secretary of SIP Party Working Committee, paid visit to a number of foreign-invested enterprises on the snowy morning of Feb. 17, and met the GMs of 22 prestigious foreign-invested enterprises in SIP, to solicit comment and proposals from the senior managers.

Wang Jinhua and the Sipac group led by him visited Bosch Technological Center (Suzhou) Co., Ltd. and 3M Material Technology (Suzhou) Co., Ltd. to learn about their annual development plans. Bosch Technological Center (Suzhou) Co., Ltd., an investment project of 50 million USD, is currently devoted to the customization and testing of Bosch automotive parts for the Chinese market, and to the support of localization of related automotive parts through hi-tech lab equipment, while developing related products and software. Backed up by the technological support of the center, Bosch Automotive (Suzhou) Co., Ltd. has successfully launched chassis, energy, and electronic systems, and a series of other hi-tech products at the Chinese market.

3M Material Technology (Suzhou) Co., Ltd. is a manufacturer of optical light film for liquid crystal screens and optical lens for TV projectors. In the second half of last year alone, the company made a sales revenue of 89 million USD. The company has decided to expand workshops by increasing the investment. During his survey, Wang Jinhua listened to the detailed account of the companies and pointed out that SIP would introduce more R&D centers, and encourage more "think tank" entities to settle in SIP so as to enhance SIP technological superiority.

In the following discussion with the SIP foreign-invested enterprises, the senior managers from Blue Scope Steel, Spansion Semiconductor, Infineon Company, Suzhou Beautycos International, He Jian Technology, Samsung Electronic Liquid Crystal Screen, Hitachi Metal Electronics, etc. spoke highly of the investment climate in SIP and its service concept, and at the same time gave comments and suggestions on the issue of transport, housing, and human resources.

After hearing of the comment and suggestions from all quarters, Wang Jinhua promised that SIP would unswervingly persist in the policy of further opening up and support overseas investment. He said that Sipac would go all out to create a pro-business environment, improve infrastructure and social service system, and help promote the maximum investment returns for the enterprises to achieve mutual growth. He emphasized that in the face of ever-increasing competition, it was not enough to rely on low cost of operation, and it was imperative to raise the technological level and innovative capabilities of enterprises. He hoped that multinational corporations would reinforce their input of R&D, build high-level R&D centers, engage in interactive and cooperative development with institutes of higher learning, so as to provide powerful backup for the sustained development of enterprises.

Feb. 18, 2006

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