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Manufacturing assumes a large proportion of Suzhou’s GDP – with electronic equipment, automotive, and telecommunications among the dominant industries.
Suzhou’s annual industrial output value is now worth more than RMB 3 trillion (US$460 billion), making it the third largest manufacturing city in the country. Secondary industries while strong, have headed towards the national strategy of ‘green, intelligent, and advanced production’ – much like the trends we see across the country.
The tertiary sector has also seen rapid growth and diversification of its industries in order to meet the rising wealth of the province, as well as match the technological and industrial advancements that are taking place on the national scale.