Core Viewpoint - Suzhou is emerging as a leading city in China, showcasing significant growth in its capital market and industrial development, with a focus on high-quality growth and innovation in various sectors [1][5][16]. Group 1: Capital Market Performance - Suzhou Jiangtian Packaging Technology Co., Ltd. was listed on the Beijing Stock Exchange, bringing the total number of listed companies in Suzhou to 282, with 227 in the domestic A-share market, ranking fifth nationally [1][7]. - In 2025, Suzhou added 10 new A-share listed companies, the highest among major cities in China, contributing to a total of 664 billion yuan in revenue and 49.9 billion yuan in profit for the A-share "Suzhou sector," marking a 16% year-on-year profit growth [7][8]. Group 2: Industrial Development - Suzhou's GDP reached 19,930.21 billion yuan with a growth rate of 5.5% in the first three quarters of 2025, with industrial value added contributing 50.9% to economic growth [5]. - The city is advancing its "Suzhou Manufacturing" initiative, focusing on a modern industrial system comprising 10 key industrial clusters and 30 key industrial chains, achieving significant growth in high-tech sectors [5][11]. Group 3: Business Environment - Suzhou has been recognized for five consecutive years as having the best business environment in China, attracting talent and investment, which supports the growth of local enterprises [9][12]. - The city has established a comprehensive service system for enterprises, including 110 service centers and initiatives to address business needs effectively [12]. Group 4: Innovation and Investment - Companies in Suzhou are making significant breakthroughs in technology, with local firms achieving milestones in sectors like MEMS and semiconductor manufacturing, driven by a culture of innovation [8][13]. - Suzhou has become a hub for venture capital and private equity, with a robust investment ecosystem supporting companies at various growth stages, including a 500 billion yuan fund aimed at fostering technological innovation [15][16].

◎钱佳滢 记者 仲茜 从"世界工厂"到全球"智造之城"，"最强地级市"苏州，正奋力实现产业体系与城市能级的双跃升。 数据显示，2025年前三季度，苏州以19930.21亿元的地区生产总值和5.5%的增速，持续领跑全国地级 市。其中，工业增加值对经济增长的贡献率达50.9%。 "十四五"期间，苏州深入推进新型工业化，全面实施"苏州智造"强基提质工程，加快构建由10个重点产 业集群和30条重点产业链组成的"1030"现代产业体系。目前，苏州已形成电子信息、高端装备、新材料 3个万亿级产业，11个千亿级产业，6个国家先进制造业集群，较上一个五年实现跨越式增长。 不断壮大的产业集群，成为企业在苏州做大做强的肥沃土壤。截至2025年12月24日，苏州A股上市公司 共227家，境内外上市公司总数达282家。其中，2025年新增A股上市公司9家，新增数量在全国大中城 市中位居第一。从产业结构来看，A股"苏州板块"中，主营电子、机械设备、电力、汽车、生物医药五 大新兴产业的企业数量占比超六成。2025年前三季度，A股"苏州板块"合计实现营业收入6640亿元，创 下近五年新高；合计实现利润总额499亿元，同比增长16%。 面向 ...

Core Insights - Suzhou's GDP reached 1.3 trillion yuan in the first half of 2025, with a year-on-year growth of 5.7%, maintaining its position as the top city in China by GDP among prefecture-level cities [1][2] - The "1030" industrial system aims to develop 10 major industrial clusters and 30 key industrial chains, targeting the establishment of four trillion-yuan industries by 2026, with industrial output reaching 5 trillion yuan [1][2] Group 1: Industrial Development - Suzhou's electronic information, equipment manufacturing, and advanced materials industries have each surpassed one trillion yuan in output [2] - The new energy industry is projected to reach 750 billion yuan in output by 2024, marking it as the fourth major trillion-yuan industry [2] - The city has established 225 A-share listed companies, showcasing a strong manufacturing base and innovation core [8] Group 2: Innovation and Technology - Suzhou ranks first in the number of national-level technology enterprise incubators and has the third-highest number of companies listed on the Sci-Tech Innovation Board [3] - The city has made significant strides in R&D, with total social R&D investment exceeding 100 billion yuan, accounting for approximately 4.15% of GDP [3] - Notable technological achievements include the world's first approved natural dual-target weight loss drug and the establishment of the first 8-inch gallium nitride production line [3] Group 3: Capital Investment - Suzhou has 38 recognized unicorn companies and 289 potential unicorns, leading the province in these metrics [7] - The Suzhou Angel Fund has invested in over 800 companies, supporting the growth of key sectors within the "1030" industrial system [7][8] - The city has developed a "fund matrix" that includes various funds targeting emerging industries, injecting capital into different stages of enterprise development [8] Group 4: Ecosystem and Collaboration - The local ecosystem encourages collaboration between startups and established companies, fostering innovation and growth [4][6] - Companies like Yasheng Pharmaceutical and Shanshi Network have relocated to Suzhou, attracted by its robust manufacturing and innovation environment [5] - The synergy between technology and capital is creating a vibrant industrial landscape, enhancing Suzhou's reputation as a "Smart Manufacturing City" [9]

Core Viewpoint - Suzhou is leveraging its "1030" industrial system to drive economic growth, aiming to establish four trillion-yuan industries by 2026, with a focus on innovation and capital investment [2][3][10] Economic Performance - In the first half of 2025, Suzhou achieved a GDP of 1.3 trillion yuan, marking a year-on-year growth of 5.7%, maintaining its position as the top city among China's prefecture-level cities [2][3] - The city aims for a total industrial output value of 5 trillion yuan by 2026 [2] Industrial Development - Suzhou's electronic information, equipment manufacturing, and advanced materials industries have each surpassed a trillion yuan in output [3] - The new energy industry is projected to reach a value of 750 billion yuan by 2024 [3] Innovation and Technology - Suzhou ranks first in the number of national-level technology enterprise incubators and third in the number of companies listed on the Sci-Tech Innovation Board [4] - The city has a research and development investment that accounts for approximately 4.15% of its GDP, exceeding 100 billion yuan in total R&D spending [4] Capital Investment - Suzhou has 38 unicorn companies and 289 potential unicorns, leading the province in these metrics [8] - The Suzhou Angel Fund has invested in over 800 companies, significantly contributing to the growth of key sectors within the "1030" industrial system [8][9] Corporate Ecosystem - The city has established a comprehensive capital support system that nurtures companies from inception through to maturity, facilitating their growth and innovation [9] - Suzhou's listed companies have a combined R&D investment of approximately 15.69 billion yuan, with a research intensity of 3.87%, significantly higher than the A-share market average of 2.13% [9]