SIP gives a helping hand to Suzhou's fast economic development
Suzhou is reaping the rewards for its efforts over the past one year to develop new economic drivers and growth points. The output value of local high-tech industries reached RMB 1.17 trillion in the first three quarters, accounting for 47.5% of the total output value of the industrial enterprises above designated size.
SIP, as the city's pioneer in economic development, plays a big part in these achievements relying on its advanced development concepts. In recent years, SIP has been deepening the implementation of an innovation-driven development strategy, amassing development resources and factors as well as providing impetus for innovation and business startup. Therefore, it has attracted a great number of enterprises in the fields of cutting-edge technologies, advanced manufacturing and bio-medicine that have made great contributions to local GDP growth.
For the next step, SIP plans to continue expanding its opening-up to solicit more promising businesses and projects as well as strengthening its support for industrial transformation, upgrading and innovation to contribute more to the city's economic development.
December 26, 2017