Suzhou Investment Newsletter: June 2008

Thursday, July 3, 2008 7:44
Posted in category China's Other Cities
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Marketing Status

  • Total 3262 projects with total contractual foreign investment of US$ 33.38 billion
  • 30 new projects with total contractual foreign investment of US$ 425.08 million in May, 2008

Foundation-layings & Openings

  • The largest 5-star deluxe hotel in SIP, Suzhou Jinji Lake Kempinski Grand Hotel, held opening ceremony on May 18. Managed by the top-class Kempinski Group, the hotel expects to be the top-notch commercial and holiday hotel in Suzhou.
  • The ground-breading ceremony held on May 17 in SIP announced that Smith & Nephew Corporation, a global tycoon in medical device manufacturing industry, formally commenced the construction of its first plant in China.
  • Epic Games, the global leading developer and publisher of interactive entertainment software, has now made it’s officially presence in SIP by setting up Epic Digital Technology (Suzhou) Co., Ltd. in SIP. The Unreal Engine technology, developed by Epic Games and used in developing advanced games and high-quality animation movies, enjoys high reputation in the field of animation and cartoons, and is currently widely applied by Microsoft, Sony, EA, and other international tycoons.

Big Events about SIP

  • 2008XML Suzhou Animation Industry Conference was opened on May 8 under joint sponsorship of SIP and X Media Lab of Singapore, with first item on the agenda unfolded by tips of experience and technology from the world’s top-notch animation experts and businesses such as Pixar Animation Studios and DreamWorks.
  • On the national conference on building national ecological demonstration parks, held on May 20 to 21 in Tianjin Economic & Technological Development Zone, three development zones were designated as the first national ecological demonstration industrial parks after going successfully through inspection and approval process conducted jointly by National Bureau of Environmental Protection, Ministry of Commerce, and Ministry of Science and Technology earlier in March. They are: Suzhou Industrial Park, Suzhou HI-tech Development Zone, and Tianjin Economic & Technological Development Zone.
  • Animation and game industry in SIP has now formed a complete industrial chain, ranging from 2D to 3D and covering the whole process of creation, designing, execution, publishing, to business operation. As a national animation industry base, SIP International Science Park created 400 million output values in animation industry in the 2007, doubling the figure for 2006, and with original creation underway.
  • The 2nd China International Logistics Technology Exhibition opened on May 23th at Suzhou International Expo Center. The event is approved by Ministry of Science and Technology with the support of China Logistics and Procurement Federation, jointly sponsored by Torch Hi-tech Industrial Development Center of Ministry of Science and Technology, China Technological Market Management Promotion Center, and Suzhou Municipal Government, with the coordination of Modern Logistics Journal, Asian-Pacific RFID Technological Association, Suzhou Logistics Chamber of Commerce, and Shanghai Logistics Equipment Exhibition & Trade Center.
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