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24 enterprises in SIP expected to be recognized as “headquarters enterprises” by Suzhou government

Date:2022-11-24 13:47:41|Source:|Font Size: AAA

Barring any objection by Nov 26, the deadline of the public consultation starting from Nov 17, 24 enterprises in SIP will be recognized as “headquarters enterprises” by Suzhou Development and Reform Commission together with other 58 enterprises located across the city of Suzhou.

In the city, the title of “headquarters enterprise” is given to enterprises that function as business headquarters and meet a set of standards such as being able to achieve a certain amount of operating income and tax payment. These enterprises can receive money rewards and subsidies for rental of premises.

SIP is now home to 153 “headquarters enterprises” recognized by provincial, city and district-level authorities, and these enterprises have become an important driving force for local economic growth.

November 22, 2022

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