Suzhou New District
Encyclopedia
The Suzhou New District 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.
The district is managed by the New High-Tech Industrial Company Ltd. , which, in turn, is owned by the Suzhou 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. 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.
certification. The National Bureau of Environmental Protection conferred it the title "ISO 14000 National Demonstration Zone".
China
Chinese civilization may refer to:* China for more general discussion of the country.* Chinese culture* Greater China, the transnational community of ethnic Chinese.* History of China* Sinosphere, the area historically affected by Chinese culture...
. The district covers an area of 52 km2 and is located 5 km west of Suzhou
Suzhou
Suzhou , previously transliterated as Su-chou, Suchow, and Soochow, is a major city located in the southeast of Jiangsu Province in Eastern China, located adjacent to Shanghai Municipality. The city is situated on the lower reaches of the Yangtze River and on the shores of Taihu Lake and is a part...
, in the Jiangsu
Jiangsu
' is a province of the People's Republic of China, located along the east coast of the country. The name comes from jiang, short for the city of Jiangning , and su, for the city of Suzhou. The abbreviation for this province is "苏" , the second character of its name...
province.
The district is managed by the New High-Tech Industrial Company Ltd. , which, in turn, is owned by the Suzhou government.
History
Suzhou New District was established by the Central People's GovernmentCentral People's Government
The Central People's Government is the central government of the People's Republic of China in Beijing. According to the 1982 Constitution, "Central People's Government" is synonymous with the State Council.-History:...
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
Chinese yuan
The yuan is the base unit of a number of modern Chinese currencies. The yuan is the primary unit of account of the Renminbi.A yuán is also known colloquially as a kuài . One yuán is divided into 10 jiǎo or colloquially máo...
. Industrial sales of 70.06 billion yuan, The local budget revenue was 1.53 billion yuan and export of 8.76 billion USD. 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.
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 14000ISO 14000
The ISO 14000 environmental management standards exist to help organizations minimize how their operations negatively affect the environment The ISO 14000 environmental management standards exist to help organizations (a) minimize how their operations (processes etc.) negatively affect the...
certification. The National Bureau of Environmental Protection conferred it the title "ISO 14000 National Demonstration Zone".