SUZHOU, China, April 29 (Bernama) -- On April 26, the 2025 Suzhou Global Investment Conference was held, with over 1,200 business elites from global Fortune 500 companies, multinational corporations, and unicorn enterprises in attendance. During the event, a total of 417 projects, with an aggregate investment of 341.57 billion yuan, were signed on-site.
Suzhou, in E China's Jiangsu Province, is one of the cities with the most foreign investment and the highest concentration of foreign-funded enterprises. The city is home to 14 national-level development zones, 19,000 foreign enterprises, and 178 Fortune 500 companies, which have invested in nearly 500 projects, contributing a total of 167 billion USD in actual foreign investment. Suzhou has been steadily expanding its institutional openness in areas such as rules, regulations, management, and standards. Suzhou is deepening its pilot program for the open innovation of the entire biopharmaceutical industry chain. It has introduced China's first "white list" for the importation of materials for biopharmaceutical R&D, cutting customs clearance times by 70%.
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