On November 12, a delegation of French and Dutch government and enterprise representatives in science and technology innovation arrived at the Suzhou-Wuxi-Nantong Science and Technology Park, also known as the Suxitong industrial park, marking the fifth such European delegation to visit this year.
The park also welcomed a delegation of over ten members from Switzerland last week and a delegation led by Austrian Labor and Economy Minister Martin Kocher last month.
A cooperation between Jiangsu and Singapore, the vibrant industrial park offers many advantages, including an eco-park co-developed by the Chinese and Austrian governments. The park is home to over 130 foreign-funded enterprises, including 12 European manufacturing projects such as Swiss company SFS’s UNISTEEL Technology and Germany-based Bader.
Dalibor Nikolovski, founder of Eco Green Energy, said his company focuses on the production and R&D of high-performance photovoltaic products, achieving an output value of over 100 million yuan within three years. In briefing visitors from his homeland of France, he also highlighted his enthusiasm for the “Chinese speed” of signing contracts and starting production in less than a year. In Europe, he added, the same project might take up to ten times as long to launch, potentially missing the critical window for market entry.
The park enjoys a prime location and comprehensive transport network, with easy access to the Suzhou-Nantong Yangtze River Bridge and the Haitai Yangtze River Tunnel, which is under construction. Over the years, the park has developed a “3+1” industrial system, where the “3” refers to the intelligent equipment, electronic information, and healthcare industries, and the “1” refers to modern services.
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