Situated sky-high atop the magnificent new Suzhou International Finance Square (IFS) overlooking the city’s picturesque canals and Jinji Lake,
Niccolo Suzhou is the most prestigious new luxury hotel in the city.
The new Suzhou landmark towers majestically above the city – a shimmering glass tower shaped like a fish tail, which was designed as an auspicious tribute to the rivers and canals of the city known as the Venice of the East.
It was designed by internationally-renowned architects from Kohn Pederson Fox, whose other iconic global landmarks include Roppongi Hills in Tokyo, super towers Lotte World Tower in Seoul, Shanghai World Financial Centre and Hong Kong’s International Commerce Centre.
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SIP also ranked the first among ETDZs in terms of the annual import-export volume last year. The total imports and exports in SIP reached US$94.18 billion in 2020 – nearly one-third of Suzhou city’s total import-export volume. Suzhou’s total import-export volume reached US$322.3 billion in 2020, which makes it the fourth largest Chinese city in terms of foreign trade, only next to Shanghai, Shenzhen, and Beijing.
As a state-level high-tech zone, SIP’s ranking rose from fifth to fourth in 2020, after Beijing’s Zhongguancun Science Park, Shanghai’s Zhangjiang High-Tech Park, and Shenzhen High-Tech Industrial Park.
In 2020, SIP recorded a GDP of RMB 290.7 billion (US$45 billion). With over 1 million residents (of which 807,800 are permanent residents and 576,500 hold a Suzhou hukou) and a per capita disposable income over RMB 77,000 (US$11,900), the area’s total retail sales of consumer products reached RMB 93.48 billion (US$14.5 billion).