SIP authorities held a meeting on Aug 14 to study the current economic situation and make plans for next-step investment promotion.

At the meeting, SIP Investment Promotion Committee and Economic Development Committee made reports on efforts and achievements in investment promotion since the beginning of this year, and the representatives from other investment promotion departments and China-Singapore Suzhou Industrial Park Development Group Co Ltd gave speeches.

According to statistics unveiled at the meeting, SIP’s actual use of foreign investment reached US$1.588 billion from January to June, accounting for 34.85% of the total of Suzhou, and 154 projects were signed from January to July, with a total investment of RMB76.3 billion.

The meeting offered guidance for future work concerning investment promotion, covering the improvement of the local industrial system, development of industrial clusters, investment promotion modes, and business services.

August 15, 2024