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Sci-tech innovation boosts industrial transformation in SND

(chinadaily.com.cn) | Updated : 2022-10-13

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A bird's-eye view of Suzhou New District in East China's Jiangsu province. [Photo/WeChat account: snd-szgxqfb]

No 209 Zhuyuan Road in Suzhou New District, where the China Suzhou Innovation Park is located, is always crowded with people and vehicles during morning rush hour.

As the first incubator of science and technology enterprises in Suzhou, the park started operating in 1994 and has incubated seven listed enterprises, 250 high-tech enterprises, and one unicorn enterprise, cultivated 585 leading innovative and entrepreneurial talents and introduced more than 22,000 high-tech professionals.

The park was hence honored with three national titles, including incubator for sci-tech enterprises, pioneer park for overseas students, and incubator for international enterprises. It was one of the few parks in China to win such honors.

SND has also designated over 100 research institutes, including the China Mobile Cloud Capacity Center, laying a solid foundation for the region's development.

"Over the past eight years, we have developed from a bare land with just a few employees to a company with over 3,000 people that generates billions of dollars in a 200,000-square-meter industrial park, becoming one of the most advanced and safest 'clouds' in China," said Wan Guoguang, chairman of the group.

"In addition to boasting a long-term vision and strategic layout, SND takes the initiative to help solve our production and management problems and support the daily lives of our employees."

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