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Building Economy Becomes SIP's New Growth Engine


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Due to increasingly limited development space, cities nowadays are seeking "vertical" growth by promoting building economy, which takes up less land resource, is pollution free, and harvests satisfactory economic benefits. Being capable of gathering a large group of companies and organizations, buildings are also known as "high-rise development zones". In Suzhou Industrial Park, building economy has become one of its new engines.

The spillover effect of a building
SIP International Building is a model project of local building economy. Early this year, it had contracted 95% offices to 55 companies, including 16 Fortune 500 companies and five banks, recording total annual tax revenue of 200 million yuan.

In addition to revenue income, International Building also serves as a new growth source of regional economy. Moreover, it contributes to the improvement of investment environment by contracting market leaders, group headquarters, and R&D centers, which upgrades city functions and gathers quality resources of information, marketing, and decision-making.

Extending location advantages toward the sky
Moon Bay International Center, the first 5A business office building in the area, opened for business in March 2012 and has leased out 95% of its facilities. In 2012, its output registered 15 billion yuan with tax revenue of 1.3 billion yuan.

The companies based at Moon Bay International Center cover extensive fields of finance, equity, investment, international trade, technology R&D, real estate, culture, and creative. The goal is to make it a local center for financing, headquarters, and modern services.


August 21, 2013