The city of Suzhou in east China’s Jiangsu province has made every effort to optimize its business environment as the first step to stabilize growth and expectations, and promote high-quality development by providing 24-hour services to solve practical problems for foreign-funded enterprises, and attracting more foreign investment.

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The Histamp Group from Spain has ushered in a golden period of explosive growth by seizing the opportunity for the development of new energy vehicles.

Faced with a surge of orders, the enterprise felt the urgent need to build a new production base, and the Qiandeng Town(千灯镇) government quickly provided support.

“Our product has very high requirements for factory buildings. The government has provided us with strong support. The newly-built factory building in this park meets our requirements very well and has not yet been rented out.” Said Lv Tongyou, General Manager of Haistamp Automotive Components (Kunshan) Co., Ltd.

With the help of the local government, Haistamp rented a new factory building of 55000 square meters in the New Energy Vehicle Industrial Park in Qiandeng Town. From workshop renovation, equipment introduction to production line debugging, the new production base is ready for operation in two months and is expected to turn out 4 billion yuan of output value this year.

“We provide one-on-one services to local enterprises, including hardware support for factories, water and electricity, energy consumption, and software support for policies. These services have made foreign-funded enterprises feel the speed and warmth of Kunshan,” said Zhou Qing, Staff member of Qiandeng Town Finance and Economic Development Bureau.

A few days ago, a customized report on corporate policies was sent to Oliver Buergstein, CEO of Juramate Automation Technology (Suzhou) Co., Ltd. This report not only provides a detailed list of various policies, but also makes it clear how to apply and what support can be enjoyed.

“We learned that Suzhou provides many subsidies for enterprises, so we have placed our Asia Pacific R&D center and later our Asia Pacific headquarters in Suzhou. I believe we will continue to invest in the future, and we will still stay in Jiangsu,” said Oliver Buergstein, CEO of Juramate Automation Technology (Suzhou) Co., Ltd.

The issuer of this report is the Enterprise Development Service Center of Suzhou Industrial Park. The first provincial foreign-funded headquarters enterprise service center has created a special file, special window, special platform, special menu and specialist service system for local enterprises.

The Center released a compilation of the Chinese and English version of the policies for headquarters enterprises to help foreign-funded enterprises gain full access to policy support.

“In the next step, we will focus on the demands of foreign-funded headquarters enterprises in research and development innovation, cross-border settlement, investment and financing trade convenience, strengthen communication and exchange between government and enterprises, improve service and rapid response capabilities, and stabilize confidence and promote development for foreign-funded enterprises,” said Wu Xiaoqing, Deputy Director of Enterprise Development Service Center of Suzhou Industrial Park.

The Provincial Department of Commerce will conduct in-depth investigations and research in grassroots business departments and foreign-funded enterprises by focusing on headquarters economy and project recruitment in a bid to solve the difficulties faced by foreign-funded enterprises in their development and support the establishment of a key enterprise contact system and strengthen the guarantee of full cycle factors for enterprises.

Suzhou has launched 100 reform measures and 169 specific matters, while continuously strengthening tracking services for enterprises, stabilizing expectations and strengthening confidence through practical actions, and promoting stable and high-quality development of foreign investment and foreign trade.

“We will study and develop supporting special policies and measures for Suzhou Municipal Foreign R&D Centers to attract more multinational companies to establish regional headquarters and functional institutions such as research and development, settlement, and trade centers in Suzhou. We will continue to expand multi-level and diversified communication and investment promotion channels between government and enterprises, solve common problems faced by enterprises, and continue to create a first-class business environment that is market-oriented, legal, international, and convenient,” said Cao Guofen, Deputy Director of Suzhou Municipal Bureau of Commerce.