Suzhou Economic Profile: A Snapshot for Foreign Investors
Manufacturing assumes a large proportion of Suzhou’s GDP – with electronic equipment, automotive, and telecommunications among the dominant industries. Suzhou’s annual industrial output value is now worth more than RMB 3 trillion (US$460 billion), making it the third largest manufacturing city in the country. Secondary industries while strong, have headed towards the national strategy of ‘green, intelligent, and advanced production’ – much like the trends we see across the country. The tertiary sector has also seen rapid growth and diversification of its industries in order to mee...
Source: china-briefing.com