--- SEARCH ---
WEATHER
CHINA
INTERNATIONAL
BUSINESS
CULTURE
GOVERNMENT
SCI-TECH
ENVIRONMENT
SPORTS
LIFE
PEOPLE
TRAVEL
WEEKLY REVIEW
Chinese Women
Film in China
War on Poverty
Learning Chinese
Learn to Cook Chinese Dishes
Exchange Rates
Hotel Service
China Calendar
Trade & Foreign Investment

Hot Links
China Development Gateway
Chinese Embassies

Manufacturers, Exporters, Wholesalers - Global trade starts here.
Suzhou Industrial Park Blueprint Mapped

China and Singapore will maintain their commitment to developing Suzhou Industrial Park and build it into an internationally competitive high-tech park, senior officials of both countries said Monday.

The China-Singapore Suzhou Industrial Park, located in the east end of Suzhou in east China's Jiangsu Province, is the biggest economic and technological cooperative project between the Chinese and Singaporean governments.

It celebrated its 10th anniversary last week.

Its developer is the China-Singapore Suzhou Industrial Park Development Co Ltd (CSSD), a Sino-Singapore joint venture that is 65 percent held by China and 35 percent held by Singapore.

Singapore's Deputy Prime Minister Lee Hsien Loong visited Suzhou Monday and attended the Seventh China-Singapore Joint Steering Council Meeting on future development of the park. The meeting was also attended by China's Vice-Premier Wu Yi.

The meeting was told that the industrial park was a successful example for Sino-foreign cooperative projects.

Both the Chinese and Singaporean parties will continue to contribute to the project according to the existing co-operative framework and fulfil their commitment to investors.

It is intended to build the park into one that is competitive on the world stage during the next decade, by improving the infrastructure and rationalizing the industrial structure.

During the past 10 years, the park has attracted US$16.7 billion of contracted foreign investment and US$7.2 billion of actual foreign investment.

(China Daily May 18, 2004)

Singapore Firms Encouraged to Invest in China
Singaporean Deputy PM Visits Shanghai
Singapore Recognizes China's Full Market Economy Status
Stamp Marks 10 Years of Sino-Singaporean Industrial Park
Suzhou Industrial Park to Be Competitive Globally
China and Singapore Continue Co-operation
Print This Page
|
Email This Page
About Us SiteMap Feedback
Copyright © China Internet Information Center. All Rights Reserved
E-mail: webmaster@china.org.cn Tel: 86-10-68326688