The Jiangsu Provincial Development and Reform Commission recently announced a list of cities for the development of future industry clusters. Suzhou has seven sectors listed.

The China (Suzhou) Cross-Border E-Commerce Comprehensive Pilot Zone recently retained its top-tier status in the national assessment for the second year in a row.

Taicang High-Tech Industrial Development Zone in Suzhou was awarded as the Best Case forESG City/Community in Frankfurt, Germany, on Sept 13. It was the only city case to receive this honor.

The World Intellectual Property Organization (WIPO) has recently released its Global Innovation Index (GII), with the Shanghai-Suzhou science and technology (S&T) cluster securing the fifth position globally for the second consecutive year.

Suzhou Maxwell Technologies, based in Wujiang district of Suzhou, Jiangsu province, recently debuted on the 2024 Fortune Tech 50 list, becoming the only representative from Suzhou.

Suzhou has actively organized various sectors and enterprises to participate in the 24th CIFIT, held from Sept 8 to 11, in Xiamen, East China's Fujian province.

On Sept 11, the 2024 Jiangsu-Germany Trade and Economic Cooperation Forum was held in Taicang, a county-level city of Suzhou, aiming to enhance cooperation between Jiangsu and Germany.

On Aug 24, Suzhou Big Health Industry Park and the Suzhou ATR Innovation Alliance were officially launched in SIP.

Suzhou New District has recently been crowned as the city's first provincial instrument and meter industrial park.

On Aug 31, the 2024 Digital Finance Industry Salon was held in Suzhou, East China's Jiangsu province, exploring the development of new quality productive forces through digital finance.

Neighboring Shanghai, Taicang, spanning approximately 800 square kilometers, is known as the "hometown of German enterprises" in China, with over 530 German enterprises flocking here.

An investment briefing for the China-UAE Industrial Capacity Cooperation Demonstration Zone took place on Aug 16 in Suzhou.

Suzhou has optimized its business environment by integrating online and offline services, providing enterprises and residents access to integrated, remote, local, and self-service processing options.

According to statistics released by Suzhou Customs, from January to July this year, the city's trade with countries involved in the Belt and Road Initiative (BRI) reached 554.09 billion yuan ($77.78 billion), marking a 15.1 percent increase.

In the past 30 years of collaboration with Germany, Taicang, a county-level city in Suzhou, Jiangsu province, has emerged as a key hub and demonstration zone for Sino-German cooperation.

According to statistics from Suzhou Customs, the total foreign trade value of Suzhou, Jiangsu province, reached 1.45 trillion yuan ($204.26 billion) from January to July this year, marking an 8.9 percent year-on-year increase. This accounted for 5.9 percent of the country's foreign trade and 46.1 percent of the province's total.

In the first half of 2024, Suzhou's total retail sales of consumer goods reached 500.29 billion yuan ($70.55 billion), a 7.4 percent increase from the previous year, surpassing both provincial and national averages by 2.5 and 3.7 percentage points, respectively, showcasing the city's robust economic vitality.

Three enterprises based in Suzhou, Jiangsu province — Hengli Group, Sheng Hong Holding Group, and Jiangsu Shagang Group — claimed spots on the 2024 Fortune Global 500 list issued on Aug 5, ranking 81st, 171st, and 383rd, respectively.

Roche Diagnostics Products (Suzhou) Co Ltd signs an agreement with the Suzhou Industrial Park Administrative Committee to invest 3 billion yuan ($420 million) in the expansion of Roche Diagnostics Asia

Suzhou is promoting the thorough integration of live e-commerce and agriculture. The city is home to the largest agricultural e-commerce industry in Jiangsu province, with online retail sales of agricultural products consistently ranking first in the province for several years.