The Suzhou Industrial Park is a development region in Suzhou, Jiangsu, China. The industrial park was established in February 1994, as part of the reform and opening up campaign in the 1990s, and is unique in its joint governance by Chinese and Singaporean officials. While the park struggled at first, and attracted international notoriety following a ver…
The Suzhou Industrial Park is a development region in Suzhou, Jiangsu, China. The industrial park was established in February 1994, as part of the reform and opening up campaign in the 1990s, and is unique in its joint governance by Chinese and Singaporean officials. While the park struggled at first, and attracted international notoriety following a very publicized falling out between the two sides, it quickly began making a profit due to highly desirable real estate and the presence of many large global corporations, and remains an economic engine for the city. As of at least 2024, it is one of China's largest and most successful industrial parks.
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