Suzhou Industrial Park
Horizon Resort development in the west bank of Jinji Lake
|Time zone||China Standard (UTC+8)|
Suzhou Industrial Park, officially China-Singapore Suzhou Industrial Park (simplified Chinese: 中国—新加坡苏州工业园区; traditional Chinese: 中國—新加坡蘇州工業園區; pinyin: Zhōngguó—Xīnjiāpō Sūzhōu Gōngyè Yuán Qū), abbreviated as SIP, is a county-level administrative area located in Suzhou, China with significant Singaporean input. In the late 1990s, the heavy losses incurred by the park caused a minor scandal in Singapore.
As China's modernization drive gained momentum in the late 1980s, many Chinese delegations visited Singapore, a southeast Asian nation that achieved notable economic success within 30 years of independence. The Chinese visitors were eager to learn modern management methods, while Singapore was also planning Economic Regionalization, which focused on overseas investment.
In 1992, the idea of developing a modern industrial township with Singapore experience was broached. During his tour of southern China that year, China's late paramount leader Deng Xiaoping said: "Singapore enjoys good social order and is well managed. We should tap on their experience, and learn how to manage better than them."
After rounds of discussions and site surveys, both governments decided to join hands in developing a modern industrial park in the east of Suzhou. The China-Singapore Suzhou Industrial Park (CS-SIP) was thus born on February 26, 1994 when Chinese Vice Premier Li Lanqing and Singapore Senior Minister Lee Kuan Yew signed the Agreement on the Joint Development of Suzhou Industrial Park in Suzhou.
SIP has a total jurisdiction area of 288 km2, of which, the China-Singapore cooperation area covers 80 km2 with a planned residential population of 1.2 million. The China-Singapore Joint Steering Council led by Chinese Vice Premier Wu Yi and Singapore Deputy Prime Minister Wong Kan Seng will hold meeting every year to give directions for the development of SIP.
For education, in SIP, there is Suzhou Dushu Lake Higher Education Town, one of the government's key projects. It has a total area of 25 km2, and around 400,000 people, 100,000 of whom are students. Its goal is to offer good education, advanced technology, and a pleasant living environment. The area is home to many universities (undergraduate as well as graduate schools) including local Chinese universities and universities from other countries. This community focuses on producing educated and creative people.
Xi'an Jiaotong-Liverpool University
In May 2006, Suzhou Industrial Park became the location for the first Sino-British University to be approved by the Chinese Ministry of Education when, in partnership with Xi’an Jiaotong University, the University of Liverpool opened a joint University known as the Xi’an Jiaotong-Liverpool University (XJTLU). This is an independent University, offering degree courses in Architecture, Electronics, Communications, Computer Science, and Management (including Financial Mathematics and E-commerce). When fully operational, this independent university will have a student population of up to ten thousand.
Suzhou New District
SIP was built near-simultaneously with the competing Suzhou New District (SND) industrial park. As the Suzhou city government had only a minority (35%) stake in the SIP, while they had a major stake in SND, the city government largely ignored SIP and concentrated on promoting the SND instead.
After incurring losses of some US$90 million over 5 years, the Singapore consortium lowered its stake to 35 percent, raising the Chinese consortium's stake to 65 percent from 35 percent and reducing the Singaporean share from a planned 70 km2. to just 8 km2. The Chinese side appointed Wang Jinhua, vice-mayor of Suzhou and the former manager of the New District, as the new chief executive. In 2001, one year after Singapore lowered its stake, the park made its first profit of $3.8 million.
Nearby hotels list
- Hoston Hotel - a business hotel located in the southern part of Suzhou's old city, close to the well- known Nanmen commercial area and the city's main traffic hubs. It neighbors the Suzhou- Jiaxing-Hangzhou Expressway and is close to the Suzhou Nanmen bus terminal.
- Garden Hotel Suzhou - was once the private garden of Mr. Jiang Jie Shi. Starting from 1952, the Suzhou Garden Hotel was appointed the residence for state guests by the Suzhou Government, serving hundreds of national leaders.
- Suzhou Metropolis Hotel - stands conveniently on the popular Guanqian pedestrian street, close to such Suzhou attractions as Xuanmiao Temple, Lion Forest Garden and the Humble Administrator's Garden, where guests can learn about Taoism, China's indigenous religion.
- "Suzhou project: wounded pride". Ben Dolven, Far Eastern Economic Review, July 8, 1999.
- see Alexius A. Pereira (2003) State Collaboration and Development Strategies: The Case of the China Singapore Suzhou Industrial Park (1992-2002). London: Routledge.
- "Suzhou Industrial Park". RightSite.asia. 1994-02-26. Retrieved 2012-02-07.
- "苏州独墅湖高等教育区". Sipedi.com. Retrieved 2012-02-07.
- "Losses in Singapore Suzhou project to hit US$90 million", Agence France-Presse, September 15, 1999
- "The new frontier". Ben Dolven, Far Eastern Economic Review, December 6, 2001.
|Library resources about
Suzhou Industrial Park
|Wikimedia Commons has media related to Suzhou Industrial Park.|
- The China-Singapore Suzhou Industrial Park: Can the Singapore Model of Development be Exported?
- Suzhou Industrial Park Webpage
- Singapore Window: The Suzhou Saga
- The Travel Guide of Suzhou Industrial Park
- Suzhou Industrial Park Exhibition Adapting Singapore’s Experience - Commemorating the 15th anniversary of Suzhou Industrial Park, http://libguides.nl.sg/sino_singapore_sip - Singapore National Library Board (NLB), NLS Resource Guides