Outstanding Achievements by Joint Efforts

  Rapid economic development: SIP achieved a sustained annual average growth rate  of 45%. In 2004, with only 3% of the total land and 3.5% of the total population of Suzhou City, SIP contributes 17% of the total industrial added value, 30% of the total registered capital and 31% of the total import and export. Major economic indexes of SIP in 2004 exceed those of Suzhou in 1993.

  Concentration of international capital: SIP has attracted over 1800 foreign-invested enterprises, including 52 Fortune 500 MNCs, with an accumulative contractual foreign investment of USD 20 billion and more than 7000 domestic companies with total contractual investment of RMB 50 billion. There are a number of companies with annual sales of over USD 1 billion. 70% of the companies have been in operation and production. 80% of the companies in production for over two years have made profits and amongst them nearly one fourth have recouped their investment.

 Investment structure

    ?42% come from Europe and America, 18% from Singapore, 13% from Japan and Korea and 27% from Hong Kong, Macau, Taiwan and other regions.
    ?Investment per sqkm is USD 1.48 billion; average investment per project is USD 31 million. There are 55 projects with an investment of over a hundred million dollars each and amongst them 6 projects are over USD 1 billion each.
    ?Complete industry chains are formed in electronics and telecommunication,  precision and mechanical engineering, biological and pharmaceutical and new materials. Harmonious industrial clusters have taken shape with social division of labour,  international cooperation and specialized production.

  Three Pillar Industries with International Competitiveness

    ?Semiconductor industry: renowned IC companies like Infineon, AMD and Hejian  gather in SIP and cultivate an industry chain covering IC design, chip manufacturing, assembly and test, related raw materials and equipment manufacture, etc.

    ?Opto-electronics industry: global leading TFT-LCD companies like Samsung, AU and Hitachi and their suppliers concentrate in SIP and make it the largest TFT-LCD production base in China.

    ?Electrical Mechanics: Emerson, Bosch, Kinglong, Primus, Smiths, Messier Dowty in SIP produce "green" diesel injection system, ABS, safety aero cysts controller, rolling compressors, aircraft engine blades, aero engine auxiliary power supply, aircraft land gears, etc.