Suzhou Industrial Park Thriving

The Suzhou Industrial Park in east China's Jiangsu Province made good beginning this year by realizing total GDP of 1.566 billion yuan (188 million U.S. dollars) in January, 84.7 percent up over the corresponding period of last year.

Meanwhile, the park did 340 million US dollars in foreign trade. Also notable is the significant growth in the amount of newly contracted foreign capital, which almost doubled to hit 245 million US dollars.

Meanwhile, the park has speeded up the construction of a numberof key projects, including a processing trade zone and international science and technological section.

With more capital input in improving infrastructure facilities and living environment, the park will soon unveil the second and third phases of its construction.

This year, China became the main shareholder in the park by holding 65 percent of the shares, compared with 35 percent previously. The former majority shareholder was Singapore.

People's Daily Online --- http://english.peopledaily.com.cn/