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Suzhou (Jiangsu) City Information

Major Economic Indicators (2015)
Land Area (km2) 8,657
Population (million) 10.6
GDP (RMB billion) 1,450.4
GDP Per Capita (RMB) 136,702
GDP Composition
Primary Industry 1.5%
Secondary Industry 48.6%
   Industry 44.7%
Tertiary Industry 49.9%
Retail Sales of Consumer Goods (RMB billion) 446.2
Utilised FDI (USD billion) 6.0
Exports (USD billion) 181.5
Imports (USD billion) 123.9

Source: Jiangsu Statistical Yearbook 2016

General Introduction

Suzhou, situated on the shore of Taihu Lake in the Jiangsu Province, ranked as the 7th most competitive city in China in 2016 according to the Chinese Academy of Social Sciences.

Suzhou is designated as a national hub in MOFCOM’s development plan (2015-2020) of distributive trade and logistics. The Beijing-Shanghai Express Railway links the city with other major cities in China. Suzhou Port, the 10th largest port in China by container throughput in 2015, offers cargo services to domestic and overseas cities.

Electronics, textiles, metallurgy, chemicals, and equipment manufacturing are the major industries in Suzhou. The whole industry sector accounted for 45% of the city’s GDP in 2015.

Major Industrial Parks / Development Zones

1. China-Singapore Suzhou Industrial Park (including Suzhou Industrial Park Export Processing Zone) (state-level)

Target industries: Electronics, mechanical-electronic integration, pharmaceuticals, fine chemicals, precision engineering, new materials

Major investors: Philips, Nokia, Isola, Samsung, Hitachi, Fujitsu, Daimler Chrysler, Honeywell, BP, ZF, Total, Danone, Mitsubishi, Carrefour, Bosch, BASF, Johnson and Johnson

Website: www.sipac.gov.cn

2. Suzhou New District (including Suzhou New District Export Processing Zone) (state-level)

Target industries: Electronics and information technology, opto-electro-mechanical, pharmaceuticals, fine chemicals

Major investors: Seiko Epson, Canon, P&G, Schindler, DuPont, Siemens, Motorola, NGK, Fukuda Metal, Fuji, Benq, Logitech, Freudenberg, Phillips, ASUS, Seiko

Website: www.snd.gov.cn/snd

3. Wujiang Export Processing Zone (state-level)

Target industries: Information technology, precision machinery, new materials

Website: www.wjepz.com

4. Wuzhong Export Processing Zone (state-level)

Target industries: Biotechnology, fine chemicals, electronics consulting, opto-electro-mechanical, precision machinery, new materials

Website: www.wzepz.gov.cn



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Content provided by Picture: HKTDC Research