CCTV News: In Suzhou, Jiangsu, many multinational companies have increased their investment since the beginning of this year, and behind this is the new opportunities brought by the rapid development of the Chinese market to global companies.
On August 27, Germany Bosch Group and Suzhou Industrial Park signed a contract, and will invest 10 billion yuan within five years to build an innovative project for the intelligent driving control industry.
Focusing on local R&D and serving the local market is becoming a consensus among multinational companies to invest in China. Not long ago, Roche Diagnostics, from Switzerland, announced that it would invest 380 million Swiss francs in Suzhou to build a new production and R&D base for reagents and instruments. This is Roche Diagnostics' largest single investment project in China.
In the first half of this year, Suzhou actually used US$4.585 billion in foreign capital, and the scale has been steadily improving.
Director of the Foreign Investment Department of Suzhou Municipal Bureau of Commerce, Jiangsu Province: Come and help our manufacturing enterprises to extend, supplement and strengthen chains, help them invest in better industries and better business departments, and to output (innovation) results of our China application scenarios in reverse.
