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Panasonic to increase investment in Suzhou

Suzhou Bureau of Commerce | Updated:2021-02-24 11:27

The Suzhou commerce bureau hosts a virtual meeting with multinational corporations on Feb 23. [Photo/WeChat account: SuzhouRLT]

The Suzhou commerce bureau hosted a virtual meeting with multinational corporations such as Panasonic (China) Co Ltd to discuss cooperation on Feb 23.

Sun Jianjiang, director of the Suzhou commerce bureau, and Xu Haibo, director of the department of government affairs of Panasonic (China) Co Ltd, talked about matters related to the construction of the company's sales headquarters in China.

Sun said that the cooperation between the two sides has seen fruitful results in promoting the economic and social development of Suzhou in recent years. The city, which has a solid industrial foundation, good business services, a high quality living environment and opportunities brought by the integrated development of the Yangtze River Delta and RCEP, is an ideal place for further development of Panasonic (China) Co Ltd.

Xu spoke highly of the business environment and services provided by the local government of Suzhou. Xu said Panasonic (China) Co Ltd will increase its investments in the construction of the Suzhou headquarters for air-conditioning equipment and its Chinese sales headquarters for housing and construction space products.