The Suzhou branch of the Industrial and Commercial Bank of China (ICBC) and the Zhangjiagang municipal government held a strategic cooperation signing ceremony on Feb 21.
Zhangjiagang has significantly accelerated construction on major projects in recent years, with the "breaking ground upon land acquisition" model becoming a new standard.
In 2024, the Zhangjiagang Bonded Zone facilitated 416 million yuan ($57.44 million) in intellectual property (IP) pledge financing, benefiting 37 enterprises.
In 2024, Zhangjiagang Port reported a cargo throughput of 250 million metric tons, with foreign trade volumes reaching 71.5 million tons, marking a 1.5 percent year-on-year increase.
The Suzhou Capital Industrial Innovation Investment and Financing Matchmaking Conference and the Suzhou CoStone Green Advanced Equipment Industry Fund launch ceremony were held in Zhangjiagang, a county-level city of Suzhou, on Jan 7.
In a significant move to bolster youth development and attract young talent, Zhangjiagang has recently upgraded its talent policies, creating a supportive and inclusive environment for young professionals to thrive.
According to Zhangjiagang Customs, the city's total import and export value was 247.49 billion yuan ($33.91 billion) in the first 11 months of this year. Exports amounted to 130.95 billion yuan, representing an 11 percent year-on-year increase.
The China Center for Information Industry Development (CCID) recently released the "2024 Top 100 Counties for Investment Competitiveness" list, with Zhangjiagang securing the third spot.