Biz Updates

Economy gathers steam in East
July 31, 2020
Major economic indicators have been showing steady signs of recovery in East China, while efforts have been made to navigate the unprecedented difficulties encountered during the COVID-19 outbreak in the first half.
Better business climate for foreign trade, investment
July 28, 2020
To create a friendlier business environment for enterprises in foreign trade and foreign-invested firms, China will make more efforts to boost customs clearance efficiency for imports and exports, employ "single window" services in international trade, and further clear the way to operate or invest in the country.
FDI increases 8.4% in second quarter
July 19, 2020
Foreign direct investment on the Chinese mainland saw an 8.4 percent year-on-year increase in the second quarter, the Ministry of Commerce said on Thursday.
Paid-in foreign capital sees 6-fold increase in Taicang town
June 19, 2020
Shaxi town, a scenic spot in Taicang, Jiangsu province, received $54.96 million in foreign investment from Jan to May, local media reported on June 14.
Suzhou tops ranking among second-tier cities for tech firms
June 16, 2020
Suzhou boasted the largest number of national-level high-tech companies among second-tier cities in China last year, according to a Yicai.com report released on Monday.
Three railway stations to open in Taicang
June 14, 2020
Phase one of the Shanghai-Nantong Railway will open to travellers in July, and three stations in Taicang, Jiangsu province – Taicang Railway Station, Taicangnan Railway Station, and Taicang Port Railway Station – are nearly completed, local media reported on June 8.
Suzhou to be pacemaker of global manufacturing industry
May 20, 2020
On May 18, Suzhou held the "Suzhou Online Dialogue on Global Industrial Chain Collaboration". Microsoft, Adidas, Roche and other internationally well-known enterprises signed a cooperation contract with the local and make progress together, according to the Organizing Committee of Suzhou Online Dialogue on Global Industrial Chain Collaboration.
Foreign investment surging amid pandemic
April 24, 2020
In the first quarter of 2020, Taicang in Jiangsu province attracted $636-million-worth of contracted foreign investment, and its paid-in foreign capital reached $427 million, up 55.45 percent and 110.59 percent year-on-year respectively.

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