Vitalized by innovation, Suzhou is now looking to a brighter future.
In the context that China's medical device industry saw a gross output of some RMB 821 billion with an annual growth of nearly 30%, Suzhou New District (SND) gives strong supports to the development of medical device businesses. Coupled with automated manufacturing and optimized supporting industries, the medical device industry in Suzhou is on track to maximize its potential future development.
The first brand of “Medpark”in domestic medical device industry and to create hundred billion medical device industry base.
Suzhou Science and Technology Town (SSTT) represents a new age in China's technology sector. In this China's first large-scale high-tech innovation base, Jiangsu Medpark, a leading professional medical device industrial park in China, is rising up. This is a national level emerging industry group that brings together the strengths of Suzhou Institute of Biomedical Engineering and Technology. The total planned area is 5 square kilometers and the total investment of enterprises exceeds over RMB 10 billion; the output value exceeds over RMB 30 billion; the output value growth rate remains above 30 percent, constructing and operating six carriers of Southern District, North district, Accelerator district, Innovation Base, listed base, Shishan base, building International Science and Technology Park, playing the domestic medical device industry “Medpark” the first brand, creating hundred billion medical device industry base!
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