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The Suzhou Industrial Park, a China-Singapore joint venture, drove 400 billion yuan in GDP in 2024, evolving from farmland into a high-tech hub with global business expansion.
The Suzhou Industrial Park, a China-Singapore joint venture launched in 1994, contributed 400.24 billion yuan to regional GDP in 2024, growing from farmland into a high-tech hub with over 5,200 foreign-invested projects, including 189 from Fortune 500 companies.
It has enabled more than 700 enterprises to expand overseas.
Related initiatives include the Sino-Singapore Tianjin Eco-City and the China-Singapore (Chongqing) Demonstration Initiative, which launched a trade corridor boosting connectivity between western China and Southeast Asia.
The Guangzhou Knowledge City has become a center for biopharmaceuticals, semiconductors, and new-energy vehicles, supported by joint research like the Alibaba-NTU e-Sustainability CorpLab.
Both nations are deepening cooperation in digital economy, green energy, AI, and new materials, reflecting a dynamic, innovation-driven partnership.
El Parque Industrial de Suzhou, una empresa conjunta China-Singapur, impulsó 400 mil millones de yuanes en el PIB en 2024, evolucionando de tierras agrícolas a un centro de alta tecnología con expansión comercial global.