Abundant fruit coming out as a result of dedication for development

   The Development Zone takes project as its lifeline thus spare no effort in attracting business opportunity and foreign investment. By 2006, investors from over 41 countries and regionssuch as European and North American countries, Japan, Korean and Taiwan come to invest in the development zone with contractual foreign investment nearly 10 billion USD. Actual capital received is 5.1 billion USD, of which Taiwan accounts for 65%. The introduced projects are characterized by of large-scale, foreign ownership, high- level and new technology. Value of average investment project is 8.02 million USD. There are 431 projects whose investment amount each reaches 10 million USD. Solo foreign capital projects account for 82% of total projects. There are 20 enterprises as ones ranked in top global 500 come to make investments in the development zone. A group of high-strength and high-tech enterprises have successively set up bases in the development zone like South Asian electronics, IVO and many other more. 

Rapid economic development of the region

    In 2006, the development zone’s industrial output reached 202.8 billion RMB and 199.7 billion RMB in sales, with an annual growth rate over 30%. Total import and export volume was 34.5 billion USD, of which export was 20.7 billion USD, with an average annual growth rate reaching 32% and 35% respectively. Kunshan’s export processing zone realized value of 24.7 billion USD, of which exports was 15.4 billion USD ranking the second best among export processing zones that have been sealed for operation in China. Over 1,000 domestic and foreign-invested enterprises in Kunshan Development Zone have absorbed more than 250,000 employees, set placement of a large number of laid-off workers and landless peasants, which is a significant contribution to social stability.

Industry cluster begins to take shape.

Striking effect of promoting overall development

    The Development Zone takes absorbing external investment and promoting internal overall development as its major responsibility. since 1992 when the first partnership area was built in Binxi town, the Development Zone has successively helped a dozen township partnership industrial areas attract more than 300 foreign capital projects and contractual foreign investment over 2 billion USD, forming a number of partnership areas with individual characteristics. Bolstered by backbone enterprises and headed by international brands in the development zone, organizing and guiding enterprises inside and outside the zone to be partner of foreign enterprises for coordinated production is another role played by development zone’s effect of promoting overall development. In 2006, Kunshan had 1,020 enterprises and 1,600 projects with supporting partnership, realizing annual sales revenue of 25 billion RMB and total profits and taxes 3.0 billion RMB. The coordinated productions with supporting partnership have not only promoted the development of private enterprises but made foreign-funded enterprises deeply root in the zone.