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Fortune 500 in Suzhou |
The export-oriented economy in Suzhou has
maintained its momentum in 2003. The total value of import
& export reached 65.663 billion USD, in which the export
amounted to 32.634 billion USD, a growth of 80.4% and 76.2%
respectively. USA ,EU, and Japan have become the chief markets
for our exports.Electro machinery products have taken 76.9%
of the total export last year, while new hi-tech products
recorded 54.8% of the total export.
The promotion of foreign investment has
made historic records. The newly-contracted foreign investment
has reached 12.496 billion USD, while the utilized reached
6.805 billion,increasing 24.1% and 41.4% respectively. The
newly approved projects with over 10 million investment
reached 716, while those with 100 million reached 22. Up
to the end of 2003, the total utilized foreign investment
in Suzhou has reached 34.7 billion USD. 91 of the Fortune
500 companies have landed in Suzhou . 38 of the foreign
companies in Suzhou appeared on the list of China 's top
500 foreign-invested companies. The annual revenue related
to foreign investment reached 12.979 billion yuan, 40.5%
of the total in Suzhou .
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Suzhou Companies Among the National Top
500 Fpreign-invested Companies
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The economic and technological cooperation
between Suzhou and foreign countries has seen steady development.
The newly-contracted labor service reached 0.249 billion
USD, of which 0.226 billion has been completed, increasing
35.2% and 32.8% over the previous year. 7 new enterprises
were established overseas and one of them has started business.
Economic development zones have seen further
developed.The 5 state-level and 11 provincial zones have
attracted 8.171 billion USD new contracted investment, while
the actually utilized reached 4.412 billion USD, an increase
of 27.6% and 23.3% respectively over the previous year and
each accounting for 65.4% and 64.8% of the municipal total.
Up to the end of 2003,the total infrastructure input has
been 56.981 billion yuan.Newly approved foreign-invested
companies in the zones reached 5,438.
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