Suzhou Hosts Exchange Event with European Chamber

The Business Roundtable between Suzhou and the European Union Chamber of Commerce in China (European Chamber), hosted by the Suzhou Foreign Affairs Office and organized by the Xiangcheng District  Foreign Affairs Office, took place in Xiangcheng District on August 26. Vice Mayor Ji Jing attended the event and delivered remarks.

In her speech, Ji Jing expressed the hope that the European Chamber would continue to serve as a vital bridge between Europe and China, encouraging more of its member companies to place quality projects in Suzhou and bring in new industries, cutting-edge technologies, and innovative business models to the city.

Carlo D'Andrea, European Chamber Vice President and Shanghai Chapter Chair, noted that a significant number of the Chamber's members are based in Suzhou and closely follow the city's vision of becoming a global smart manufacturing hub. He expressed the Chamber's commitment to deepening bilateral trade ties and fostering win-win cooperation.

From January to July this year, Suzhou's imports and exports with the EU reached 245 billion yuan, up 19.6 percent year-on-year. EU investment in Suzhou stood at $237 million during the period. As of June this year, Suzhou was home to 1,979 EU-funded enterprises with cumulative utilized EU investment reaching $9.27 billion.