The Suzhou New District is one of the specially designated regions for technological and industrial development in China. The district covers an area of 52 km2 and is located 5 km west of Suzhou, in the Jiangsu province. The district is managed by the New High-Tech Industrial Company Ltd., which, in turn, is owned by the Suzhou government.

History

Suzhou New District was established by the Central People's Government on November 18, 1992. It was one of the first industry parks opened to attract foreign investors from APEC countries. It served as an export base for technology-related services and products in China. In 2003, the district's total output value is 25.1 billion yuan. Industrial sales of 70.06 billion yuan, The local budget revenue was 1.53 billion yuan and export of US$8.76 billion. Up to the end of 2003, the district has attracted a total of over 800 foreign projects including 40 multinational corporations. Foreign investment has reached over US$6 billion while the actually utilized investment reached US$3.4 billion. The district attracts many different types of industries, including consumer electronics, information technology, precision instruments, biotechnology, and pharmaceuticals.

Education

The is in the district It formerly housed the Suzhou Japanese Saturday School, which had classes held at the Suzhou Foreign Language School (苏州外国语学校) in Suzhou New District. The Japanese School of Suzhou, located within the Suzhou New District. in China, plays a significant role in the education and cultural exchange between Japan and China. It was formerly known as the Suzhou Japanese Saturday School, and its history and association with the Suzhou Foreign Language School (苏州外国语学校) add to its uniqueness and importance within the district. Before relocating to its current location within the Suzhou New District, the school initially operated as the Suzhou Japanese Saturday School. During this period, classes were held at the Suzhou Foreign Language School.