Suzhou was ranked among the top 10 cities in China for intellectual capital and innovation in 2018. Suzhou’s GDP reached US$271 billion (S$369 billion) in 2018, which is the seventh highest among cities in China. Suzhou has eight national-level development zones, including the China-Singapore Suzhou Industrial Park (SIP). Started in 1994, SIP was the first government-to-government project between Singapore and China. The Suzhou Industrial Park hosts over 300 nanotechnology companies and a biomedicine cluster called SIP BioBay. SIP also partners with 70 domestic and international venture capital companies, as well as 40 life science parks, government agencies and research institutes.
Contact Felicia Lim (felicia_lim@enterprisesg.gov.sg) to connect with our partners in Suzhou.