Famous for its gardens and its silk, the ancient and moated city of Suzhou, just thirty minutes from Shanghai by train, lies at the point where the rail line meets the Grand Canal. The town itself is built on a network of interlocking canals whose waters feed the series of renowned classical gardens that are Suzhou's pride and glory. In its economy, the GDP per capita of Suzhou accounts for more than twice the provincial average. With the prosperous development, the vibrant city attracted an overspill of scholars, officials and merchants, bringing wealth and patronage with them.
Suzhou Industrial Park
Suzhou Industrial Park (SIP) is the largest cooperation project between China and Singapore Government. It is located beside the beautiful Jinji Lake, which lies to the east of Suzhou Old city. On 26th February 1994, Vice Premier Mr Li Lanqing and Senior Minister Mr Lee Kuan Yew represented China and Singapore respectively in signing the agreement to jointly develop Suzhou Industrial Park. The project officially commenced on 12th May in the same year. SIP has a total jurisdiction area of 288 square kilometers, of which, the China-Singapore cooperation area covers 80 square kilometers with a planned residential population of 1.2 million. With rapid growth of innovation-based and service-oriented industries, SIP has witnessed continuous optimization of economic structure.
Suzhou Dushu Lake Science and Education Innovation District
Located in the southeast of ancient Suzhou city, Dushu Lake Science and Education Innovation District was established in 2002, with an area of 51.85 square kilometers and a total population of 0.4million. For driving industrial transformation in the local area and promoting the economic growth, four functional areas, which are higher education area, bio-bay, innovative industry park and comprehensive development area of education, research and entrepreneurship have been built in the zone. Currently, it has taken in 29 institutes and universities. The number of faculty members and students has reached over 80,000.