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A new model for international cooperation

Suzhou Industrial Park (SIP) broke ground in the 1990s as an inter-governmental cooperation project between China and Singapore. Keeping up with the tide of reform and opening-up, it launched a significant journey to gear into the world.

Over the first 10 years of the new century, SIP seized every opportunity to strive for a fast development, keeping swift economic growth for many consecutive years. An internationalized, modern and garden-like high-tech park soon rose.

Over the past 30 years, SIP has seen continuous inflow of high-quality production factors and innovation resources from around the globe, which has enhanced its connectivity with the world and boosted local economic and social development. It has blazed a trail for opening-up.[MORE]

	A new model for international cooperation
	In 1994, Chinese and Singaporean governmentssigned an agreement to pioneer in joining the efforts of two countries tocreate an industrial park. Over the past three decades, based on consistentlystrengthened collaboration with a number of iconic enterprises and otherorganizations of Singapore, SIP has transformed into a modern industrial parkboasting integrat... [MORE]

	Fruit of innovation harvested from the experimental field
	SIP, an experimental field for reform andopening-up, has harvested abundant fruit of innovation.SIP created the SZV virtual system eighteenyears ago for fast customs clearance and logistics support. The system has beenconnected with a number of airports across the country to provide convenientcustoms services for foreign trade dealers.In 2019, an express air... [MORE]

	A new landscape for two-way opening-up
	SIP has been optimizing its layout and expandingthe space for opening-up, while enriching the connotation and improving itscapability of opening-up.The industrial park has attracted more than5,100 foreign-invested projects, including 174 by 104 Fortune Global 500enterprises. Its actual use of foreign investment has exceeded US$40 billion.SIP therefore won th... [MORE]