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SIP secures steady economic growth in first three quarters

Date:2025-11-04 21:24:11|Source:|Font Size: AAA

In the first three quarters of this year, SIP secured steady economic growth, with its GDP exceeding RMB300 billion, a year-on-year increase of 5.5% calculated at constant prices.

During this period, the added value of industrial enterprises above the designated size in SIP increased by 8.7%, and the total output value of these enterprises reached RMB540.36 billion, up 5.2% YoY.

The output value of high-tech manufacturing enterprises reached RMB262.117 billion, up 7.8% YoY. The two pillar industries—equipment manufacturing and electronic information—achieved an output value of RMB402.693 billion, with a YoY growth of 4.2%. The four emerging industries recorded an output value of RMB422.1 billion, increasing by 6% YoY. The added value of the service sector grew by 4.2% YoY, accounting for 55.3% of SIP’s GDP.

The actual use of foreign investment reached US$1.918 billion, up 0.6% YoY, and the total imports and exports reached RMB596.06 billion, up 17.5%.

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The total retail sales of consumer goods reached RMB66.575 billion, an increase of 4.0%, and the finished investment in fixed assets totaled RMB53.473 billion, up 10.1%.

The per capita disposable income of residents increased by 4.0% YoY to reach RMB78,823, ranking first in Suzhou. The total employment in the park stood at 911,900, with 615,100 working in the tertiary sector, maintaining stable employment levels.

October 31, 2025


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