Suzhou New District

The Suzhou New District (Chinese: 苏州新区 Hanyu Pinyin: Sū zhōu Xīn Qū) is one of the specially designated regions for technological and industrial development in China. The district covers an area of 52 km² and is located 5 km west of Suzhou, in the Jiangsu province. [cite web | year = 2001 | url=http://english.peopledaily.com.cn/english/200102/05/eng20010205_61581.html | title= Suzhou Promotes High-tech |publisher=People's Daily Online|accessmonthday=January 25|accessyear=2008]

The district is managed by the New High-Tech Industrial Company Ltd. (Chinese: 苏州新区高新技术产业股份有限公司 Hanyu Pinyin: Sū zhōu Xīn Qū Gāo Xīn Jì Shù chǎn yègǔ fèn yǒu xiàn gōng sī), which, in turn, is owned by the Suzhou government.

History

Suzhou New District was established by the Central People's Government on November 18, 1992. It was one of the first industry parks opened to attract foreign investors from APEC countries. It served as an export base for technology-related services and products in China.

In 2003, the district's total output value is 25.1 billion yuan. Industrial sales of 70.06 billion yuan, The local budget revenue was 1.53 billion yuan and export of 8.76 billion USD. [cite web | year = 2008 | url=http://www.suzhou.gov.cn/English/Invest/20.shtml | title=National Level EDZ - Suzhou New & Hi-tech District & Huqiu District|publisher=Suzhou China|accessmonthday=January 25|accessyear=2008] Up to the end of 2003, the district has attracted a total of over 800 foreign projects including 40 multinational corporations. Foreign investment has reached over 6 billion USD while the actually utilized investment reached 3.4 billion USD. The district attracts many different types of industries, including consumer electronics, information technology, precision instruments, biotechnology, and pharmaceuticals.

The Suzhou New District is managed by the Suzhou New District and New High-Tech Industrial Company, Limited (Chinese: 苏州新区高新技术产业股份有限公司). [cite web | year = 2008 | url=http://www.sndht.com/ | title=苏州新区高新技术产业股份有限公司|accessmonthday=January 25|accessyear=2008]

Developments

The Suzhou New District was the first APEC hi-tech development zone to be approved by the Foreign Ministry and Science and Technology Ministry and receive ISO 14000 certification. The National Bureau of Environmental Protection conferred it the title "ISO 14000 National Demonstration Zone". [cite web | year = 2008 | url=http://www.szlib.com/English_version/economy_en.htm | title=Brief in Suzhou New District|publisher=Suzhou Library|accessmonthday=January 25|accessyear=2008]

References

External links

* [http://www.snd.gov.cn/EN/index.jsp Suzhou National New and Hi-Tech industrial Development Zone]
* [http://www.szlib.com/English_version/economy_en.htm Brief overview of the Suzhou New District in English]
* [http://www.suzhou.gov.cn/English/Invest/20.shtml National Level EDZ—Suzhou New and Hi-tech District & Huqiu District]
* [http://www.sndht.com/ Suzhou New District and New High-Tech Industrial Company, Limited]
* [http://jwsuchow.com/ Jordan Suchow, org. regional tech operator]