Currently with eight projects selected as provincial-level major projects and 59 as municipal-level key projects, SIP aims to launch construction on 80% of 18 new provincial-level and municipal-level projects, break ground on 80 newly signed projects with single investment exceeding RMB100 million, and complete 60 key projects over the first quarter to lay a good foundation for this year’s development.  

In APP Science & Technology Park, a frontrunner in enhancing efficient and economical utilization of resources and promoting industrial upgrading in SIP, Nexteer Automotive’s Asia-Pacific R&D and smart manufacturing headquarters is being built. With a total investment of RMB1 billion, the project will introduce the latest electric power steering and steer-by-wire technologies to meet demand in the sectors of aided and autonomous driving. After the new facility reaches the designed capacity, Nexteer’s total output value in SIP is expected to exceed RMB10 billion.

King Long Technology (KL-TECH), a supplier of packaging and testing services for the back-end process of semiconductor production, just held the launch ceremony for its new factory and smart production line.

These projects are among a list of projects invested by domestically and globally leading enterprises in SIP in 2025. Statistics show that SIP’s actual use of foreign investment reached US$1.92 billion last year, leading in Suzhou.

Now a number of projects are underway, including Suzhou East Railway Station, which will become an important comprehensive transportation hub in the Yangtze River Delta region and the center of a TOD (transit-oriented development) area comprising commercial facilities, hotels, offices, residences and service facilities.

SIP authorities have enhanced support for construction projects and investment promotion, including improving communication and coordination mechanisms and expanding investment promotion channels, aiming to drive high-quality development.

February 25, 2026