SIP authorities held a meeting on July 21 to look back on the progress of major industrial projects in the second quarter, and make deployment for future work concerning project support and investment promotion.

In the first half of this year, SIP saw RMB12.58 billion invested in 47 projects in key industries of Jiangsu province and Suzhou city, and actual use of foreign investment of US$1.59 billion. It has retained the first place in Suzhou in terms of growth of investment in fixed assets.

A set of measures were specified at the event to promote project construction and introduction over the rest of the year, including improving efficiency of approving projects through integrated and simplified administrative procedures, enhancing support for project construction, and enriching channels for introduction of high-quality projects.

July 22, 2025