Suzhou New District holds meeting for European and American enterprises

Feb 1, 2019|By

Hundreds of leaders from European and American enterprises convened in Suzhou New District, Jiangsu province, on Jan 23, to discuss ways to develop and find solutions for difficulties.

Representatives from enterprises such as Knorr-Bremse, Siemens and MCi shared their experiences of rapid development in the district, thanked the district for offering preferential policies and high-quality services, and vowed to seek common development with the district.

Local government officials also held discussions with the entrepreneurs regarding solutions to issues such as recruitment, environmental protection and administrative approval proposed by the entrepreneurs.

Wu Xinming, head of Suzhou New District, welcomed the entrepreneurs and expressed gratitude to those enterprises' contributions to the district.

Wu said that the district will insist on supporting the development of European and American enterprises, with the central and local governments all attaching great importance to foreign investment and the district is set to continue promoting outward-oriented economy.

Wu hopes that European and American enterprises can have faith and use the district's industrial advantages to grow further, expand their local businesses from manufacturing to R&D, purchasing, marketing and settlement to improve their capacity to deal with market changes, and contribute to the district's investment attraction by increasing investment, bringing in more hi-tech and high value-added projects, or getting more European and American enterprises to know about the district.

Wu added that the district will continue to deepen its opening up, seek high-quality development, and optimize its services.

The Suzhou New District has always attached great importance to foreign investment attraction and talent attraction, as well as the creation of a good business environment.

At present, the district has had over 350 European and American enterprises, accounting for nearly a quarter of its total foreign-invested enterprises.

Among them, ten are Fortune 500 companies that have invested in 17 projects in the district. Six paid annual tax of more than 100 million yuan ($14.49 million) each. 


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