Suzhou celebrates its first Entrepreneur Day

Suzhou celebrated its first Entrepreneurs’ Day on July 21 in an effort to improve the business environment.

The Suzhou Municipal Party Committee and Municipal Government have issued an open letter to the business community. The letter said Suzhou considers all types of businesses, from private to state-owned, from local to foreign companies, as partners of the city.

By the end of 2021, Suzhou had 749,000 private enterprises with registered capital of RMB 4.76 trillion. Among the “Top 500 Chinese Enterprises”, “Top 500 Private Enterprises” and “Top 500 Manufacturing Enterprises”, Suzhou has always ranked first in Jiangsu Province in terms of the number of enterprises.

Shanghai also released the ranking of the top 100 private enterprises and the top 100 private innovation-driven enterprises in 2022.