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As the 2025 Suzhou Global Investment Conference opened on Saturday, Suzhou City of east China's Jiangsu Province continues to serve as a magnet for foreign investment in China, with over 340 billion yuan in investments poised to unlock new opportunities in the market.
Over 1,200 representatives from global enterprises and investment institutions convened at the Suzhou International Expo Center for the two-day conference, with many sealing deals on the spot to expand their investments in China. A total of 417 projects were signed, amounting to investments exceeding 340 billion yuan.
The event's exhibition area also showcased the city's achievements in new industrialization, including the low-altitude economy, artificial intelligence, robotics, high-end equipment, and biomedicine. The city has put its industrial strengths on display, inviting foreign investors to explore cooperation opportunities. Many foreign representatives reiterated their commitment to the Chinese market.
Tibor Bu?ek, director for international relations at Slovakia's Investment Support Association, attended the event. He said after the conference that they're looking for cooperation in the aircraft industry with China.
"We are producing the biggest amount of the aircraft per capita in the world, you know, because we [have a] population [of] only 5 million, but the aircraft, so we are producing a lot. We are planning to make joint venture with some Chinese company regarding aircraft," he said.
Many of the signed projects were high-investment research and development headquarters, which have become a focus of Suzhou's efforts to attract foreign investment in recent years.
As a key hub for China's economic opening, Suzhou hosts over 19,000 foreign-funded enterprises, with cumulative foreign investment utilization reaching 167 billion U.S. dollars. The city has transitioned from importing European technologies to developing and manufacturing products locally based on Chinese market needs, prompting further investment from multinational companies. In the first quarter of 2025, Suzhou's foreign capital utilization hit 3.53 billion U.S. dollars, up 9 percent year-on-year, including 825 million U.S. dollars from reinvested profits, a 21.9 percent increase.
On the other hand, the new methods and applications introduced during the continuous technological iteration in the Chinese market are also shared globally," said Xie Xiongyan, deputy plant manager of the United Automotive Electronic Systems' Taicang Branch in Taicang City, east China's Jiangsu Province.