By Michael Keller
Apr. 24 – An opening and project signing ceremony was held at Suzhou’s Xiangcheng District on January 11 in which 16 projects were allocated to different firms – 8 domestic and 8 foreign – with total investment amounting to RMB7.7 billion.
Twelve of these projects are in the categories of either advanced manufacturing (precision machinery, electronic equipment components) or emerging sectors (new materials, environmental protection). Among the firms included were PolyOne, Evans, Digital Innovation Display, and Doony.
Ma Minglong, party working committee secretary for the Suzhou Industrial Park, stated during the ceremony that this opportunity will be used to transform the relatively loose resources and land advantage of Xiangcheng District into late-development advantages conducive to scientific development.
Xiangcheng District covers an area of approximately 50 square kilometers with the Caohu Industrial Park at its center. It is located in the northern part of Suzhou and borders the Suzhou Industrial Park to the southeast and the Suzhou New District in the southwest. Wuzhong is another development zone in the south of Suzhou which is separated from Xiangcheng District by the old city center. A brief overview of Suzhou’s development zones and their most important parameters can be found in the table below.
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