NETDA holds promotional event in Suzhou

An investment promotional conference was held in Suzhou by authorities in the Nantong Economic and Technological Development Area (NETDA), East China's Jiangsu province, and the Sumitomo Mitsui Banking Corporation (China) Limited Suzhou Branch on Nov 18. 

Representatives from more than 30 Japanese enterprises based in Suzhou, including Fuji Photo Film Co Ltd, Hisamitsu Pharmaceutical Co Inc, Yamaha Electronics (Suzhou) Co ltd and Nitto Shinko (Suzhou) Co Ltd, attended the event. 

Wang Wenxian, deputy director of NETDA's administrative committee, noted at the conference that he hopes the event will help representatives gain a better understanding of the area's industry policies and business environment. 

Dong Jingli, director of the area's investment promotion bureau, explained NETDA's comparative advantages in manufacturing industry, the latest developments in transportation infrastructures and the new measures taken to optimize the business environment. 

Hiroshi, president of Sumitomo Mitsui Banking Corporation (China) Limited Suzhou Branch, made a keynote speech titled "Technologies China has not mastered and China's future" during the event. 

Representatives said that the event served as an important platform to help them learn more about the area's business policies including the latest regulations about environmental protection and energy consumption. They also showed their strong desire to conduct field surveys in NETDA. 

The event will also play a significant role in advancing exchanges between NETDA and Suzhou's Japanese enterprises, laying a good foundation for the area's future investment attraction in Japan, said local authorities. 

The area's investment promotion bureau has made great strides in investment attraction this year, with 10 30-million-dollar projects having been registered in NETDA.