Nov 8, 2018|By Tong Wangyue
The China Service Trade Innovation and Development Guide Fund signed a strategic cooperation agreement with Suzhou Industrial Park and Suzhou Oriza Holdings Co Ltd at the China-Singapore Trade in Services Innovation Forum held yesterday, offering 10 billion yuan (US$1.44 billion) of investment fund to support chiefly the opening-up of Suzhou’s service industry.
The forum is the only CIIE session themed in China-foreign cooperation in service trade. Suzhou is a pilot city for service trade innovative development.
"The forum will help promote the high-end transformation of Suzhou manufacturers,” said Sun Jingxia, deputy director of the SIP administration committee.