SUZHOU, China, April 30, 2024 /PRNewswire/ -- The city of
Suzhou, east China's Jiangsu Province, held a global investment
promotion conference on Friday, themed "Invest In Suzhou For A
Win-win Future", culminating in the signing of 367 projects
on-site, according to the Information Office of Suzhou Municipal
People's Government.
The event saw participation from 429 of the world's Fortune 500
companies. Total investment for the signed projects amounting to
around 372 billion yuan (about
51.3 billion U.S. dollars), including
30 projects from such companies. These projects span various
high-tech industries, including new energy, high-end equipment,
advanced materials, and biopharmaceuticals.
Cao Guofen, Deputy Director of Suzhou's Commerce Bureau, noted
that the city has attracted 4 percent of the country's actualized
foreign investment, with 175 Fortune 500 companies already
investing in 486 projects in the city. Since the beginning of this
year, Suzhou has signed a total of 809 projects, with an aggregate
investment exceeding 580 billion
yuan.
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