SIP’s total imports and exports up 1.8% YOY from Jan to May
According to the latest statistics, SIP’s total imports and exports from January to May reached RMB 244.71 billion, up 1.8% year-on-year, and the total imports reached RMB 132 billion, up 6.6% YOY. This has enabled SIP to retain the first place across Suzhou in terms of total imports and exports, and encouraged the local authorities to reinforce the implementation of a package of strategies to further promote local economic and social development. On the one hand, SIP authorities have enhanced precautions against COVID-19 to ensure “zero infection” across the area. On the other hand, related departments have adopted a series of policies and measures to help local enterprises cross the morass caused by the global pandemic and achieve stronger development.
Multiple logistics solutions to offer enterprises help in cargo transportation
A charter plane carrying cargos from two enterprises in the FTZ arrived at the destination in Europe on Apr 20 after about 10 hours of travel. The high efficiency of the charter flight service received high praise from both the consignors and their clients. The global COVID-19 outbreak has resulted in cancellation of many flights and rise of freight charges worldwide. Under such circumstances, SIP authorities have taken a succession of actions to learn about enterprises’ logistics difficulties and coo...
FTZ adopts innovative measures to drive business development
The FTZ in SIP has adopted a series of innovative measures to drive business development. The online services under the “Guanzhurong” program that was initiated in SIP last year to allow small businesses to apply for low-interest loans based on their credit at SIP Customs were launched in late March. The services have given many micro-, small- and medium-sized enterprises in the FTZ a helping hand in financing.
Consistent efforts to improve business environment
SIP’s ever-improving business environment has provided many global companies with good opportunities for not only a footprint expansion in the country but also better implementation of their global strategies. For example, Philips Healthcare (Suzhou) Co Ltd, the SIP-based medical imaging and healthcare equipment arm of globally renowned Dutch tech company Philips, recently received the EU Quality Management System Certificate which, issued in accordance with the European Union Medical Device Regula...