“SIP experience” attracts global attention
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Inauguratedin 1994 as a cooperative project between Chinese and Singaporean governments, SIPhas been a major window for the opening-up of Suzhou, the city called “theVenice of the East” by Venetian explorer Marco Polo. SIP is at theforefront of Suzhou’s efforts to attract foreign investment. A large number offoreign-funded projects land in the area each year, including many invested byFortune 500 enterprises and world-leading academic and research institutes suchas Oxford and Harvard.TheMinistry of Commerce (MOFCOM) of China on Jan 27 released the results of itslatest evaluation of the coun...
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1st Jinji Lake China-Japan Cooperation and Exchange Conference held in SIP
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Sponsored by SIP Investment Promotion Committee (SIPIPC), andco-organized by Suzhou Japanese Society of Commerce and Industry (also known asSuzhou Nissho Club), PwC (Shenzhen) and Yingke Law Firm, the 1st Jinji LakeChina-Japan Cooperation and Exchange Conference took place in SIP on Nov 24,2020, aiming at lending Japanese enterprises a hand in seeking betterdevelopment in Suzhou.Suzhou Nissho Club, currently with 630 enterprise members and93 individual members, is dedicated to helping Japanese enterprises accelerateand expand their development in Suzhou. It signed an agreement with SIPIPC last...
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SIP among the best worldwide in terms of business environment
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Global auditing firm KPMG released on Feb 19 a third-partybusiness environment evaluation report under which SIP was rated the 25th inthe simulated ranking of 190 global competitors.Based on the World Bank’s Ease of Doing Business Index, theevaluation covers 10 areas of the life of a business, such as “starting abusiness”, “dealing with construction permits”, “registering property” and“protecting minority investors”. SIP ranks first in terms of “enforcingcontracts”, and is among the best in terms of “starting a business” and“getting electricity”.It is learnt that, relying on the...
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