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Suzhou's economic future remains bright as it raises its global competitiveness

Recent high-profile investments by Google and Intel in SIP-based tech startups highlight the city's new focus on developing the services sector.

Analysts say SIP's competitive environment, forward-thinking regulatory climate, and focus on innovation have facilitated Suzhou's ongoing industrial upgrade.

SITUATED along China's famous Grand Canal, Suzhou has been, for most of its history, an important centre of business in the country. In the mid-19th century, as Shanghai rose in economic dominance, Suzhou gradually took a back seat to the metropolitan city. However, over the last 20 years,