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SIP export increase

Posted on:
10-09-2010 at 11:14:00

Export from the Suzhou Industrial Park has increased 60% compared to the first 6 months of 2009

Trade Jumps 60% in Suzhou Industrial Park.

J&Y is located in the Suzhou Industrial Park (SIP) in Suzhou. In 2005 we transfered our company from Shanghai to Suzhou. To be closer to the suppliers we use for our business. We also selected Suzhou because the city’s infrastructure is excellent and well trained engineers are available due to the presence of many fortune 500 companies. Already 5 years ago we considered Suzhou to be a much better location than Shanghai. We have setup numerous cooperation’s in the SIP, and our location choice proved to be an excellent choice. The SIP is performing well, especially in high tech business areas. For J&Y, the SIP is the best place for our headquarters. Please read the press statement below.

Press statement

Sept. 8 – The value of traded goods processed through Customs at the Suzhou Industrial Park reached US$66.3 billion in the first eight months of 2010 for an increase of 60 percent over the same period last year, according to figures released by the park on Monday.

There are currently over 1,000 high-tech enterprises present in the Suzhou Industrial Park separated into different clusters like bio-pharmaceutical and nano-photoelectrics. Anchor tenants include Biobay and the CAS Suzhou Institute of Nanotechnology and Nano-bionics.

Last year, SIP instigated a “Three plus Five” plan to cultivate three dominant industries: electronics and IT, machinery manufacturing, and modern service industry. These dominant industries will be joined by the following five emerging industries: bio-pharmaceuticals, nano-photoelectric and new energy, unified communications, software and animation, and eco-environmental protection.

The park plans to set up five million square meters for new companies and start-ups. Additionally, SIP plans to invest RMB10 million and incubate 20 independent enterprises and 10 listed scientific and technological companies