SIP hosted a grand signing ceremony on Feb 19 when 100 industrial projects were signed and the latest progress of about 100 ongoing or newly completed excellent projects was revealed. Concurrently, the Suzhou working groups of Singapore International Arbitration Centre and Singapore International Mediation Centre were established, while SIP authorities announced to set up international business cooperation centers in Singapore, Hong Kong and Tokyo and upgrade the Suzhou International Dedicated Connectivity online data channel for more efficient investment promotion and business services, and released the Several Measures to Achieve Better Work and Life Services for Foreign Talent (Trial). KPMG published the results of its latest evaluation of SIP’s business environment.
19 measures to upgrade services for foreign talent
SIPauthorities announced the Measures to AchieveBetter Work and Life Services for Foreign Talent (Trial) at theevent, putting 19 measures into practice to upgrade services for foreigntalent.Thenew measures will promote the formation of a more open global talent cooperationmechanism by simplifying administrative procedures and loosening uprestrictions for professional qualification authentication and offering foreigntalent privileges in applying for work permit, starting businesses and otheraffairs related to their work and life in SIP. Itis noteworthy that, under the measures, three services a... [MORE]
SIAC and SIMC working groups established
TheSuzhou working groups of Singapore International Arbitration Centre (SIAC) andSingapore International Mediation Centre (SIMC) were inaugurated, marking thatSIP, hailed as the “pathfinder” for China-Singapore cooperation, has pulled offanother success in exploring new ways for cooperation between the twocountries.TheSIAC and SIMC working groups are dedicated to providing support forinternational commercial arbitration and mediation in the Yangtze River Deltaregion, which is expected to help accelerate settlement of commercial disputes andtherefore facilitate international business activiti... [MORE]
Over 100 projects bring in investment of more than RMB 80 billion
The new projects will bring a total investment of more thanRMB 80 billion to SIP. Most of them are invested by global or domestic leadingenterprises engaged in such sectors as biomedicine, new-generation informationtechnology and smart manufacturing. Among the projects are regional headquarters, R&Dfacilities, modern plants and those for services and cross-regional investment.With high predicted comprehensive benefits, these projects are anticipated tohelp propel industrial transformation and upgrading and innovation-driveneconomic development in SIP. The projects have demonstrated the eff... [MORE]