Suzhou sets eyes on Europe to boost foreign investment

A business delegation of over 200 business executives and government officials, led by the Suzhou government, traveled to Europe to promote investment, according to the Suzhou Bureau of Commerce on Friday.

The delegation will arrange 230 business activities to boost orders and attract investment, which is the first Chinese economic and trade delegation to France and Germany since the COVID-19 pandemic.

Suzhou, located at East China's Jiangsu province, is at the forefront of the open economy and has a very important position and influence in China. 

The main purpose of the delegation is to introduce Suzhou's latest industrial policies and business environment to foreign enterprises. It also aims to explore the latest technology and products of foreign enterprises and look for the possibility of introducing them to Suzhou.

The investment activities are expected to boost the confidence of foreign investors and to enhance their belief in continuing to invest in Suzhou, said Sun Jianjiang, director of Suzhou Bureau of Commerce.