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2024 Suzhou Global Investment Promotion Conference
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The 2024 (First) Suzhou Global InvestmentPromotion Conference was held on the bank of Jinji Lake from Apr 25 to 27.Suzhou, the historic city known for its economic vitality, innovationcapability, urban modernity and attractiveness to investment, sent aninvitation to global investors and startup founders.As an important part of Suzhou, SIP is thefirst cooperative project between Chinese andSingaporean governments. Opening-up is its most distinctive feature. SIP hasmade great efforts to promote high-level opening-up and do its bit insupporting the country to foster a new pattern of development. Theevent helped attract many “new friends” to SIP, and at the same time, lots ofinvestors that are already in partnerships with SIP decided to add investments.
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SIP has set clear targets since its inceptionto attract high-end projects of Fortune 500 enterprises and industry-leadingenterprises as well as high-end resources and talents. SIP invited over 200 guests from Fortune 500enterprises, enterprises ranking among the top 50 in their sectors, China’s centrally-administeredState-owned enterprises and well-known pr...
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“We are confident in investing in China andhope to contribute to the high-quality development of Suzhou,” said HommaTetsuro, executive vice president at Panasonic Holdings Corp and chairman of JapaneseChamber of Commerce and Industry in China.Japanese electronics conglomerate Panasonic,one of the Fortune 500 enterprises, set up its first branch in SIP in 2003, andsince then has expanded investments in the area several times. Last year, thesecond phase of Panasonic Factory Solutions Suzhou (PFSS), which is dedicatedto developing and manufacturing high-tech production and service systems, brokeground.L'Oréal, the French cosmetics giant,inaugurated the L'Oreal Suzhou Smart Fulfillment Center in SIP on Apr 26. Theproject, the first of its kind that L'Oreal has built in theworld, i...
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SIP has developed a unique mode ofinternational cooperation. Over the past three decades, SIP has drawn fromSingapore a wide range of experience which has been applied in its planning anddevelopment. In recent years, the cooperation between SIP and Singapore inservice trade, biomedicine, digital economy, green development and otheraspects has been enhanced. Fidah Alsagoff, Vice Chairman, Life Sciences(Global Partnerships), Temasek International PteLtd, said in his speech at the event that Temasek felt honored to havewitnessed the support of Suzhou and SIP for a multitude of innovative medicalproducts companies to grow from startups to industry leaders. He said Temasekwas collaborating with SIP in the creation of a life science park in it. “Suzhou is an open city full of vitality andopport...
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