In the first half of 2015, Suzhou Industrial Park finance sector contributed 1.694 billion yuan local tax, an increase of 711.52 million yuan (72.39%) over the same period of last year as the highest growth among all industries. The tax contribution rate is as high as 47.31%. Tax contribution of the tertiary industry in SIP amounted to 6.765 billion yuan during this period, an increase of 21.31% over the same period of last year.

The marked growth of local tax from finance sector is partly the result of the high rise of stock indices and the momentous transactions in securities market during this period, which boosted the turnovers of Soochow Securities and other securities companies, and partly the result of the SIP policy for building a finance highland. By the end of June, there had clustered 689 financial institutions of all kinds in SIP, and the five banks registered in 2014, in particular, had played a vital part in boosting the tax contribution.