The China-Singapore Suzhou Industrial Park has made smooth progress in the promotion of the development of integrated circuit industrial innovation clusters. JSBC has the story.
Suzhou Industrial Park Integrated Circuit Industry Investment and Development Co., Ltd. and Industrial Park Industry Fund were inaugurated at promotional meeting on Monday.
The integrated circuit industry fund, with an asset of 5 billion yuan, will focus on incubating and guiding industries to settle down and strengthen enterprise development.
"Recently, we have just approved 30 mu of land in Suzhou Industrial Park, and are building the current Suzhou headquarters laboratory, which will be the largest chip testing and auxiliary research and development platform." Li Xiaomin, Chairman of Shengke Nano (Suzhou) Co., Ltd. said.
Over the years, Suzhou Industrial Park has been committed to promoting the ecological optimization and energy level improvement of the entire industrial chain of integrated circuits. In 2022, Suzhou Industrial Park recorded an output value of 80.4 billion yuan in the integrated circuit industry, an increase of 14% year on year. By 2025, it will strive to achieve an annual output value of 100 billion yuan.
"Suzhou Industrial Park will introduce more large investment projects, further optimize the business environment, support enterprises to strengthen development, and continuously improve the construction level of integrated circuit industrial innovation clusters through the integration and development of innovation chain, industry chain, talent chain and capital chain." Wang Xuejun, Director of the Economic Development Commission and Secretary of the Party Leadership Group of Suzhou Industrial Park said.
