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Foreign capital increase and production expansion, continue to increase the size of the Shishan Business Innovation Zone, and attract investment and vitality

author:Sioux City style

"Invest in Suzhou to win the future". A few days ago, the 2024 Suzhou Global Investment Conference was held, and Suzhou High-tech Zone made a wonderful appearance at the meeting.

As an important pole of Suzhou's economic and social development, in recent years, the high-tech zone has always firmly grasped the "lifeline" of economic development by attracting investment, taking the improvement of the business environment as a breakthrough and focus point to promote high-quality development, striding forward, and constantly contributing "high-tech strength" to the overall development of the city.

As one of the most important functional areas of Suzhou High-tech Zone, Shishan Business Innovation Zone continues to release its advantages in attracting investment through policies, measures and services, and set off a new upsurge of investment and business. In the spring of 2024, a number of leading international companies will increase capital and expand production in the Shishan Business Innovation Zone......

Foreign capital increase and production expansion, continue to increase the size of the Shishan Business Innovation Zone, and attract investment and vitality

High-quality projects are coming

Investment attraction is an important means to promote regional economic development. The Shishan Business Innovation Zone continues to expand its opening-up to the outside world, and continues to explore and advance on the road of attracting investment. Actively introduce investment resources from Europe, America, Japan and South Korea, Beijing, Shanghai, Guangzhou and Shenzhen, implement list-based and personalized services, and support foreign-funded enterprises to increase capital and share expansion and reinvest profits.

This spring, Panasonic Electronic Materials, Timken Basil China Headquarters, Piovan Industrial Automation (Suzhou) Project, German WIKA Suzhou Phase II and other projects have started construction and signed contracts to settle in Shishan Business Innovation Zone.

On March 21, Panasonic Electronic Materials, a Fortune 500 company, signed a contract to settle in Shishan Business Innovation Zone. The project will build a first-class production base for new electronic materials, adding new impetus to the high-tech zone to be at the forefront of high-quality development. The new project will introduce a new production line of electronic materials, mainly producing industry-leading new electronic materials to meet the needs of diversified use.

On April 8, the Basil China headquarters project of TIMKEN's industrial transmission business officially settled in Shishan. Timken plans to integrate Nadella's China plant into Basil's Suzhou plant in China to form the Suzhou base of Timken's GGB, ROLLON and ROLLON Group brand NADELLA to optimize the company's manufacturing business layout in Suzhou and even China.

On April 18, the German WIKA Group held a groundbreaking ceremony for the second phase of the Suzhou project. The project aims to introduce a number of core production lines, build WIKA China's regional headquarters and functional institutions, and build R&D centers and production bases in the Asia-Pacific region, which will inject new momentum into the high-quality development of the industrial cluster in Shishan Business Innovation Zone.

Foreign capital increase and production expansion, continue to increase the size of the Shishan Business Innovation Zone, and attract investment and vitality

On April 19, Piovan Industrial Automation (Suzhou) Co., Ltd. held an opening ceremony. As an important branch of Piovan Group in Asia, Piovan Suzhou will become the headquarters of all branches of the Group in Asia (including Thailand, Vietnam, Japan, Indonesia and South Korea), further realize capital increase and production expansion, and inject new vitality into the high-quality development of high-end equipment manufacturing industrial clusters in Shishan Business Innovation Zone.

Foreign capital increase and production expansion, continue to increase the size of the Shishan Business Innovation Zone, and attract investment and vitality

Optimize services and create a first-class business environment

Foreign-funded enterprises continue to cast a "vote of confidence" in Shishan with practical actions, and Shishan also continues to make efforts in policy supply, institutional mechanisms, enterprise services, etc., and throws "olive branches" to investors and entrepreneurs at home and abroad with a first-class business environment.

Focusing on the targeted planning of leading industries and strategic emerging industries, the Shishan Business Innovation Zone has vigorously introduced a number of top 500 enterprises, multinational corporations and listed companies, and strives to achieve zero breakthroughs in the "US$1 billion" foreign-funded projects.

In terms of optimizing the service mechanism, we will set up a service center for foreign enterprises, strengthen the mechanism of "leading key enterprises and key projects", improve the closed-loop problem-solving mechanism, and guide foreign-funded enterprises to set up R&D centers and regional headquarters. In terms of increasing policy supply, we will implement support policies such as tax and fee reductions, implement existing policies in the jurisdiction, and strengthen follow-up research and targeted services to respond to the concerns of enterprises in a timely manner. In terms of open application scenarios, especially the application scenarios of leading and exemplary projects, we will promote the participation of foreign trade enterprises and improve the efficiency and initiative of development.

Foreign-funded enterprises and the world's leading merchants have traveled thousands of miles again and again, which shows the attractiveness of Shishan. In 2023, the general public budget revenue will be 10.318 billion yuan, the total industrial output value above the designated size will be 178.16 billion yuan, and the total output value of foreign-funded industrial enterprises above the designated size will be 113.437 billion yuan, accounting for 63.67% of the total industrial output value above the designated size in the jurisdiction.

In recent years, Shishan has vigorously promoted the transformation and upgrading of foreign-funded enterprises in the fields of "headquarters + base" and "R&D + production", and has gathered nearly 30 headquarters and functional institutions of various types, and high-quality foreign-funded projects such as Siemens Yangtze River Delta Artificial Intelligence Co-creation Laboratory, WIKA Automation Instrument Phase II, and Shimadzu Instrument High-end Detection and Analysis Equipment Project have been implemented one after another, empowering the high-quality development of the business district.

In the next step, Shishan Business Innovation Zone will continue to create a first-class business environment, continuously enhance its attractiveness and competitiveness by deepening regional cooperation and focusing on industrial upgrading, and contribute to the high-quality development of the regional economy. (Shi Xuan)