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Article: China: Suzhou Industrial Park becomes model of China-Singapore cooperation.
- Article from:
- TendersInfo
- Article date:
- May 23, 2009
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Byline: shiv03
As an important cooperation project between the two governments of China and Singapore, the accomplishments of Suzhou Industrial Park in last 15 years have caught worldwide attention: the annual revenue increased from 30 million yuan in the beginning, to nearly 10 billion yuan now. The gross regional product exceeded 100 billion yuan, increasing nearly 100 times compared to the early days of exploration. The level of per capita GDP in the park is close to that of Singapore.
In the past 15 years, the annual increase of major economic indicators of Suzhou Industrial Park reached 30%. It handed in a total of more than 100 billion yuan in tax ...