A conference on the development of emerging industry was held on Wednesday in 
Kunshan, celebrating the 30th anniversary of the economic and technological 
development zone (ETDZ) and witnessing a series of projects inked, commenced 
and completed.

Thirty-three projects with total investment of over 50 billion yuan (about 7.18 
billion U.S. dollars) were signed in the city of Kunshan in east China's 
Jiangsu Province, covering areas of digital economy, smart manufacturing and 
new energy. Meanwhile, a total of 45 projects were officially commenced and 46 
projects were completed, according to the event organizer.

In addition, two new platforms, including Beijing Stock Exchange Kunshan base 
and Kunshan small and medium-sized enterprises incubation center, were unveiled 
during the event.

Kunshan is a pioneer in China's opening-up drive. Approved as a state-level 
economic and technological development zone by the country's State Council in 
1992, Kunshan has attracted foreign investment of over 43 billion U.S. dollars 
from 51 countries and regions, funneling in more than 2,700 projects. There are 
52 Global Fortune 500 enterprises setting up factories in Kunshan.

In 2021, Kunshan recorded a regional gross domestic product (GDP) of 474.81 
billion yuan, registered over 1 trillion yuan of total output by industrial 
enterprises above designated size, and saw total exports and imports worth 
106.6 billion U.S. dollars, with the foreign trade figure ranking the first 
among China's county-level cities.

The achievements were made thanks to Kunshan's efforts in optimizing business 
environment. It has rolled out new policies for four consecutive years to 
improve business climate.

See the original link: https://en.imsilkroad.com/p/329900.html

SOURCE  Xinhua Silk Road

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   Caption: Photo shows the view of Kunshan in east China's Jiangsu Province. 
[Photo provided to Xinhua Silk Road]