CUTIC - Changshu
Changshu is a county-level city under the jurisdiction of Suzhou, Jiangsu province, and is part of the Yangtze River Delta. It borders the prefecture-level city of Nantong to the northeast across the Yangtze River.
The sub-center was founded in 2009
Bring direct economic benefits
The city's major industries include textiles, paper-making, fine chemicals, machinery, steel and forestry products. The city has more than 4,000 textile and apparel companies with combined annual sales of RMB50 billion. The paper-making industry has attracted more the US$15 billion of FDI.
More than 2,000 foreign enterprises have invested in Changshu including big names such as Sharp and Dunlop. Of the contracted investment at least one-third has come from Taiwan – more than 500 Taiwan enterprises have invested more than US$100 million in the city. UPM-Kymmene from Finland has been running a paper mill in the city since 1999 and now has an annual capacity of 200,000 tons of coated and 600,000 tons of uncoated fine paper.