CCTV's "News Broadcast" follows Suzhou for two consecutive days

In the past two days, CCTV's "News Broadcast" has been paying attention to Suzhou and praised Suzhou's economic development.

On June 7, CCTV's "News Broadcast" paid attention to the foreign investment situation in Suzhou in the report "Foreign-invested enterprises continue to invest in China". In the Suxiang Cooperation Zone of Suzhou Industrial Park, Fower Group from Germany recently announced an increase of 500 million yuan to expand the chassis suspension system parts production base locally with a profit reinvestment model to further improve production capacity and R&D efficiency to meet China's rapidly growing market demand for new energy vehicles. At the beginning of this year, Suzhou introduced reward measures for profit reinvestment by foreign manufacturing enterprises, with a maximum reward of 10 million yuan per project, encouraging foreign-invested enterprises to continue to increase investment, and give corresponding preference to profit reinvestment enterprises in terms of additional deduction of R&D expenses, facilitation of cross-border funds, and green approval channels. The two-way market and policy rushing effectively boosted foreign investment confidence. In the first quarter of this year, foreign companies in Suzhou invested another US$825 million in profits, an increase of 21.9% year-on-year.

On June 6, CCTV's "News Broadcast" focused on Suzhou to accelerate the development of the initial public offering economy and stimulate new vitality for consumption. Suzhou Industrial Park takes the landing of the first store as a starting point to promote the upgrading of urban business districts, focus on the development needs of first store settlement, launch one-click service measures for first store, optimize the approval process, and reduce processing costs. Staff from the Administrative Approval Bureau of Suzhou Industrial Park said: "We can reverse every link of the first store to provide it with a very precise guidance. At present, our company's establishment can speed up 50% and the approval of relevant licenses can speed up 30%. "

Source: Suzhou News