Swiss Centers Changzhou Opens, Boosting Sino-Swiss Industrial Collaboration

July 16, 2024 by No Comments

Sino-Swiss (Changzhou) International Industrial Innovation Park

CHANGZHOU, China, July 16, 2024 — This year marks the tenth anniversary of the China-Switzerland Free Trade Agreement coming into effect. On July 11, the fourth “So Swiss” event was held in Changzhou, showcasing Switzerland. On July 12, the Swiss Centers Changzhou, the largest Swiss business cluster in Asia, officially launched. This center will further enhance industrial innovation collaboration between Changzhou and Switzerland, propelling Sino-Swiss international cooperation to new heights.

Switzerland, known as the “nation of innovation,” consistently tops the Global Innovation Index. It boasts numerous world-renowned companies and advanced technologies in high-end manufacturing, pharmaceuticals, chemicals, ecological agriculture, and environmental protection. Changzhou, a Yangtze River Delta city with the highest concentration of Swiss enterprises, currently hosts 42 Swiss-invested enterprises. It has developed the Sino-Swiss (Changzhou) International Industrial Innovation Park, an important platform for Sino-Swiss economic and trade cooperation, attracting 25 leading international industrial projects with a total investment exceeding $700 million.

As strategic partners in innovation, China and Switzerland share complementary strengths and hold significant potential for collaborative innovation. Sheng Lei, Mayor of Changzhou Municipal People’s Government, stated that Changzhou has witnessed the development of exemplary foreign enterprises like Mettler-Toledo, Rieter, and Buhler during exchanges with Switzerland. The park serves as a crucial window and platform for Sino-Swiss economic and trade cooperation, creating industrial and supply chain synergy with leading Swiss enterprises. Nicolas, the founder of the Swiss Centers, noted that “China’s high-quality development and new productive forces have been placed in a very important position, perfectly aligning with Switzerland’s focus on innovation-driven development.”

“The excellent business environment in Changzhou is impressive,” said Jürg Burri, the Swiss Ambassador to China. The operation of the Swiss Centers provides a great window for Swiss enterprises to connect with China’s development and strongly supports the continued bilateral trade relationship between China and Switzerland. He expressed hope that under the framework of the Sino-Swiss Free Trade Agreement, Changzhou and Switzerland will continue to expand cooperation, strengthen economic and trade exchanges, and achieve win-win cooperation.

Source: Sino-Swiss (Changzhou) International Industrial Innovation Park

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