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Doing business in Nanjing and in Suzhou

Law firms

Accounting and tax services

Chambers of commerce

Industries and opportunities

Main companies 

Industrial Parks  

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Business opportunities

Industries and opportunities

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​Main Industries in Nanjing

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1. Electronics and Information Technology

  • Nanjing is a leading center for electronics and IT in China, with a well-established ecosystem that includes integrated circuits (IC), software development, and information services. The city has attracted over 400 IC-related businesses, with main business revenue surging by more than 40% year-on-year.

  • Key Areas: Integrated circuit design and manufacturing, Software development and information services, Artificial intelligence research and applications.

  • Notable Companies: Huawei, ZTE, Lenovo, Siemens, Ericsson.

  • Opportunities: Nanjing's supportive government services and excellent location make it an attractive destination for foreign investment in the electronics and IT sectors. The city offers a streamlined foreign business services platform, including business development aid and corporate registration services. Additionally, Nanjing's inexpensive and educated labor force, with over 250,000 graduates each year across more than 60 universities, provides a strong talent pool for IT companies.

2. Automotive Manufacturing

  • Nanjing has a robust automotive industry, focusing on both traditional vehicles and new energy vehicles (NEVs). The city aims to rank among the top three in NEV output in China by 2025, with a projected revenue of RMB 300 billion (US$41.66 billion).

  • Key Areas: Vehicle manufacturing, New energy vehicle development, Automotive research and development.

  • Notable Companies: Volkswagen Group, Iveco, Ford.

  • Opportunities : The automotive sector in Nanjing presents significant opportunities for foreign investment, particularly in the development and manufacturing of new energy vehicles. The city's strategic location and well-developed industrial parks provide an advantageous environment for automotive companies looking to establish or expand their presence in China.

3. Petrochemicals

  • Nanjing is a significant player in China's petrochemical industry, with a comprehensive industrial chain that includes chemical production, refining, and related services.

  • Key Areas: Chemical production, Refining, Petrochemical research and development.

  • Notable Companies: BASF Group, Shell, BP.

  • Opportunities: With larger production sites in Nanjing, companies like BASF are major foreign investors in the city's chemical industry. The city's industrial infrastructure and supportive policies make it conducive for foreign companies to invest in petrochemical production and research facilities.

4. Biomedicine

  • Nanjing's biomedicine industry is rapidly growing, focusing on pharmaceuticals, biotechnology, and medical devices. The city is home to numerous high-tech firms, with biopharmaceuticals accounting for a significant portion.

  • Key Areas: Pharmaceutical manufacturing, Biotechnology research, Medical device production.

  • Notable Companies: Simcere Pharmaceutical, Jinling Pharmaceutical, CTTQ Pharmaceutical.

  • Opportunities: Nanjing's focus on innovation and its supportive policies for high-tech industries provide a fertile ground for foreign investment in biomedicine. Collaborations in research and development, as well as the establishment of manufacturing facilities, are particularly encouraged.

5. Software and Information Services

  • Nanjing is considered China's 'Software City' with a thriving software and information services industry. The city boasts over 5,300 significant organizations in this sector, with a revenue exceeding RMB 510 billion (US$70.83 billion).

  • Key Areas: Software development, Information technology services, Cloud computing and big data.

  • Notable Companies: Huawei, ZTE, Lenovo.

  • Opportunities for Foreign Companies: Nanjing's extensive talent pool, with over 820,000 personnel in the software industry, and its supportive government policies make it an attractive destination for foreign companies in the software and information services sector. Opportunities exist in areas such as cloud computing, big data, and artificial intelligence applications.

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Main Industries in Suzhou

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  1. Manufacturing and Industrial Production

    • Suzhou is a key player in China’s manufacturing sector, with a focus on precision machinery, automotive parts, electronics, and textiles. The city’s industrial zones, such as Suzhou Industrial Park (SIP) and Suzhou New District (SND), are home to numerous multinational corporations and domestic firms.

    • Key Areas: Electronics, automotive, textiles, machinery, and chemicals.

    • Notable Companies: Samsung, Bosch, Philips, and Pegatron.

    • Opportunities: Suzhou’s established manufacturing base and advanced infrastructure offer significant opportunities for foreign companies in sectors such as automotive, aerospace, and precision machinery. The city’s focus on high-tech and high-value manufacturing aligns well with global trends.

  2. Technology and Innovation

    • Suzhou has developed a strong technology and innovation ecosystem, particularly in areas like nanotechnology, biotechnology, and information technology. The Suzhou Industrial Park is a leading innovation hub, attracting global tech companies and startups.

    • Key Areas: Nanotechnology, biotechnology, software development, and telecommunications.

    • Notable Institutions: Suzhou Institute of Nano-Tech and Nano-Bionics (SINANO) and Cold Spring Harbor Asia.

    • Opportunities: Suzhou’s strong innovation ecosystem, particularly in nanotechnology, biotechnology, and IT, offers ample opportunities for foreign tech companies and startups. Establishing R&D centers, forming joint ventures, or investing in local startups are viable options.

  3. Pharmaceuticals and Biotechnology

    • Suzhou has emerged as a center for pharmaceutical manufacturing and biotechnology research. The BioBay, located in Suzhou Industrial Park, is a major hub for life sciences, attracting both domestic and international companies in drug development, medical devices, and diagnostics.

    • Key Areas: Drug development, medical devices, and biotechnology.

    • Notable Companies: Innovent Biologics, CStone Pharmaceuticals, and WuXi AppTec.

    • Opportunities: The city’s growing pharmaceutical and biotech sectors present opportunities for foreign companies involved in drug development, medical devices, or biopharmaceuticals. Suzhou’s BioBay provides an ideal environment for R&D and clinical trials.

  4. Textiles and Apparel

    • Suzhou has a long history in textile manufacturing, particularly silk production, which dates back over 2,500 years. Today, the city continues to be a major center for textiles and apparel, producing a wide range of fabrics, garments, and fashion items.

    • Key Areas: Silk production, garment manufacturing, and fashion design.

    • Notable Companies: Bosideng International Holdings, Hengli Group.

    • Opportunities: The city’s rich history in textiles and its modern production capabilities offer opportunities for foreign fashion brands and textile companies. Collaboration in silk production, garment manufacturing, or fashion design could be particularly fruitful.

  5. Green Technology and Environmental Services

    • Suzhou has made significant strides in green technology and environmental services, focusing on sustainable development, energy efficiency, and pollution control. The city is home to companies specializing in renewable energy, waste management, and water treatment technologies.

    • Key Areas: Renewable energy, waste management, water treatment, and energy efficiency.

    • Notable Companies: Trina Solar, Suzhou Industrial Park Environmental Protection Co., Ltd.

    • Opportunities: Suzhou’s emphasis on sustainable development and green technology creates opportunities for foreign companies specializing in renewable energy, waste management, and environmental protection. The city’s environmental initiatives align with global sustainability goals.

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Main companies

Main companies

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Major Companies Based in Nanjing

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 1. SAIC Maxus (NAVECO)

  • Industry: Automotive

  • A joint venture between SAIC Motor Corporation and Iveco, SAIC Maxus focuses on the production of commercial vehicles, including vans and light trucks. It has a state-of-the-art manufacturing facility in Nanjing, which serves as a key production hub.

  • Headquarters: Nanjing Economic and Technological Development Zone.

 2. Simcere Pharmaceutical Group

  • Industry: Bio-Pharmaceuticals

  • Simcere is one of China’s leading pharmaceutical companies, specializing in the development of innovative drugs for oncology, neurology, and autoimmune diseases. Its headquarters in Nanjing include research and development facilities that drive advancements in drug discovery.

  • Headquarters: Jianye District of Nanjing.

3. Hengrui Medicine

  • Industry: Bio-Pharmaceuticals

  • Another prominent pharmaceutical company in Nanjing, Hengrui Medicine focuses on oncology, cardiovascular, and diabetes treatments. It has a significant research base in the city, contributing to its reputation as an innovation leader in healthcare.

  • Headquarters: Nanjing High-Tech Zone.

​ 4. Panda Electronics Group

  • Industry: Electronics and Technology

  • Established in Nanjing, Panda Electronics is a major player in China’s electronics industry, producing communication equipment, electronic components, and consumer electronics.

  • Headquarters: Xuanwu District of Nanjing.

 5. NARI Technology Co., Ltd.

  • Power and Automation

  • Overview: NARI Technology specializes in power grid automation, industrial control, and renewable energy technologies. It is a subsidiary of the State Grid Corporation of China and has its headquarters in Nanjing.

  • Headquarters: Pukou District, near Jiangbei New Area.

​ 6. Suning Holdings Group

  • Retail and E-Commerce

  • Suning, one of China’s largest private enterprises, operates in sectors including retail, logistics, and financial services. Its e-commerce platform is a direct competitor to giants like Alibaba and JD.com. The company’s headquarters in Nanjing oversee operations nationwide.

  • Headquarters: Xinjiekou area of the Qinhuai District.​

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​Major Companies Based in Suzhou​

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  1. Jiangsu Changjiang Electronics Technology Co., Ltd. (JCET)

    • Industry: Semiconductors, Electronics

    • JCET is a leading provider of semiconductor packaging and testing services. It is one of the largest semiconductor packaging and testing companies in China. The company offers a broad range of services including IC packaging, testing, and assembly, serving major global semiconductor manufacturers.

    • Headquarters: Suzhou New District, Suzhou

  2. Suzhou Coresix Precision Materials Co., Ltd.

    • Advanced Materials, Electronics

    • Coresix is a prominent manufacturer of precision materials and components used in the electronics industry. The company specializes in high-performance materials for electronic devices and serves a global clientele in sectors such as telecommunications, automotive, and consumer electronics.

    • Headquarters: Suzhou Industrial Park, Suzhou

  3. Suzhou Hemm Group

    • Industry: Manufacturing, Industrial Equipment

    • Hemm Group is a major manufacturer of industrial equipment and machinery. The company produces a range of products including hydraulic systems, pneumatic tools, and automation equipment. Hemm Group serves a variety of industries including automotive, aerospace, and construction.

    • Headquarters: Suzhou Industrial Park, Suzhou

  4. Suzhou Crystal Clear Electronics Co., Ltd.

    • Industry: Electronics, Display Technology

    • Specializing in the production of display panels and related electronic components, Crystal Clear Electronics is a key player in the display technology sector. The company’s products are used in a range of applications including consumer electronics, automotive displays, and industrial monitors.

    • Headquarters: Suzhou New District, Suzhou

  5. Suzhou Gold Mantis Construction Decoration Co., Ltd.

    • Industry: Construction, Design

    • Gold Mantis is a leading company in the construction and decoration industry, known for its high-quality building materials and design services. The company specializes in interior and exterior decoration for commercial and residential projects, and has a strong presence in the high-end market.

    • Headquarters: Suzhou Industrial Park, Suzhou

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Industrial Parks

Industrial Parks

Industrial Parks in Nanjing

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Nanjing Economic and Technological Development Zone (NETDZ)

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  • Established on September 18, 1992, NETDZ is a state-level development zone focusing on advanced manufacturing and high-tech industries. Location: Northeast part of Nanjing, near the Yangtze River.

  • Characteristics:

    • Established in 1992, NETDZ is one of China’s state-level economic zones.

    • It focuses on advanced manufacturing, automotive production, and high-tech industries.

    • The zone offers modern infrastructure, logistics facilities, and proximity to key transportation networks, including highways and railways.

  • Benefits for Foreign Companies:

    • Preferential tax policies and government support for foreign investments.

    • Access to a skilled workforce and established supply chains.

    • Support for R&D activities and partnerships with local universities.

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Jiangbei New Area

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  • Approved by the State Council on June 27, 2015, this state-level new area focuses on innovation-driven development, emphasizing sectors like new materials, biomedicine, and intelligent manufacturing. Location: North side of the Yangtze River in Nanjing.

  • Characteristics:

    • Focuses on emerging industries such as biopharmaceuticals, artificial intelligence, and renewable energy.

    • Recognized as a state-level new area, with significant investment in infrastructure and technology.

    • Features innovation parks and startup incubators.

  • Benefits for Foreign Companies:

    • Generous government incentives for high-tech and green industries.

    • Access to a vibrant innovation ecosystem and academic resources.

    • Opportunities to collaborate with leading Chinese startups and research institutions.

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China (Nanjing) Software Valley

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  • As China's first software industry base, the Software Valley is a leading hub for software development, information technology services, and communication software R&D. Location: Yuhuatai District, Nanjing.

  • Characteristics:

    • Home to numerous software enterprises and startups.

    • Provides a conducive environment for innovation and entrepreneurship.

  • Benefits for Foreign Companies:

    • Access to a large pool of IT talent and professionals.

    • Supportive policies for software and IT service enterprises, including tax benefits.

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​Nanjing Chemical Industrial Park (NCIP)

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  • NCIP is a specialized industrial zone dedicated to the chemical and petrochemical industries, attracting major international companies. Location: Luhe District, Nanjing.

  • Characteristics:

    • Features advanced infrastructure tailored for chemical production and research.

    • Emphasizes environmental protection and sustainable development.

  • Benefits for Foreign Companies:

    • Availability of shared facilities and services reduces operational costs.

    • Proximity to upstream and downstream industries facilitates business operations.

 

Nanjing Baixia High-Tech Industrial Development Zone

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  • Specializes in software and information technology services, intelligent manufacturing, and the Internet of Things, aiming to create an industrial cluster with military-civilian integration characteristics. Location: East of Nanjing city, near Zijin Mountain.

  • Characteristics:

    • Hosts a variety of high-tech enterprises and research institutions.

    • Focuses on innovation and the integration of military and civilian technologies.

  • Benefits for Foreign Companies:

    • Access to cutting-edge research and development facilities.

    • Supportive environment for startups and established enterprises in high-tech sectors.

 

Nanjing Jiangning High-Tech Industrial Development Zone

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  • Established on June 2, 1994, this zone focuses on high-tech industries, including electronics, biotechnology, and new materials. Location: Jiangning District, Nanjing.

  • Characteristics:

    • Offers a well-developed infrastructure and supportive services for enterprises.

    • Encourages innovation and hosts several research and development centers.

  • Benefits for Foreign Companies:

    • Provides tax incentives and favorable policies for high-tech enterprises.

    • Access to a skilled workforce and proximity to academic institutions.

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Industrial Parks in Suzhou

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Suzhou Industrial Park (SIP)

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  • Established in 1994 as a joint venture between the Chinese and Singaporean governments, Suzhou Industrial Park (SIP) is one of the most successful and well-known industrial parks in China. It is a model for economic and technological cooperation and is home to many leading multinational corporations. Location: Eastern Suzhou.

  • Characteristics:

    • High-Tech Focus: SIP specializes in high-tech industries such as electronics, IT, biotechnology, and precision engineering.

    • Innovation Hub: The park fosters innovation through its advanced R&D centers, incubators, and collaboration with leading universities.

    • Comprehensive Infrastructure: SIP offers world-class facilities, including industrial estates, business offices, residential areas, and educational institutions.

  • Benefits for Foreign Companies:

    • Attractive Incentives: Foreign companies benefit from tax incentives, reduced land costs, and subsidies for R&D activities.

    • Business-Friendly Environment: SIP provides one-stop services for business registration, legal support, and government relations.

    • Proximity to Talent: Access to a highly skilled workforce, including graduates from nearby universities and vocational schools.

 

Suzhou High-Tech Zone (Suzhou New District - SND)

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  • Suzhou High-Tech Zone, also known as Suzhou New District (SND), was established in 1992 and focuses on high-tech industries, particularly in the fields of electronics, machinery, automotive components, and environmental protection. Location: Western Suzhou.

  • Characteristics:

    • Innovation-Driven: SND emphasizes R&D, with numerous technology centers, innovation incubators, and research institutions.

    • Industry Clusters: The park has established industry clusters in areas such as robotics, new energy, and medical devices.

    • Supportive Ecosystem: The park offers comprehensive support services, including logistics, supply chain management, and legal assistance.

  • Benefits for Foreign Companies:

    • Innovation Support: Access to R&D incentives, grants, and partnerships with local research institutions.

    • Skilled Workforce: Availability of experienced professionals in high-tech fields, supported by local training programs.

    • Strategic Location: Easy access to transportation networks, including highways, railways, and proximity to Shanghai.

 

Suzhou Xiangcheng Economic Development Zone (XZEDZ)

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  • Suzhou Xiangcheng Economic Development Zone (XZEDZ) is a key industrial area focusing on manufacturing, logistics, and modern services. It aims to attract investment in high-end manufacturing, electronic information, and green technologies. Location: Xiangcheng District, Northern Suzhou.

  • Characteristics:

    • Manufacturing Hub: XZEDZ specializes in advanced manufacturing, with a focus on electronics, machinery, and automotive parts.

    • Green Development: The zone promotes sustainable practices and green technologies, with dedicated areas for environmental protection industries.

    • Logistics Advantage: The park’s location near major highways and the Yangtze River facilitates efficient logistics and distribution.

  • Benefits for Foreign Companies:

    • Cost Efficiency: Lower land and operating costs compared to more central industrial zones in Suzhou.

    • Sustainability Focus: Opportunities for companies involved in renewable energy, environmental protection, and green manufacturing.

    • Logistical Connectivity: Excellent transportation links to major cities and ports, enhancing supply chain efficiency.

 

Wujiang Economic and Technological Development Zone (WETDZ)

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  • Wujiang Economic and Technological Development Zone (WETDZ) is a major industrial park that focuses on advanced manufacturing and high-tech industries. The zone is known for its strong automotive, textile, electronics, and new materials sectors. Location: Wujiang District, Southern Suzhou.

  • Characteristics:

    • Advanced Manufacturing: WETDZ is home to a wide range of manufacturing industries, including automotive components, textiles, and electronics.

    • High-Tech Innovation: The zone supports innovation through R&D centers, industrial incubators, and collaboration with universities.

    • Export Orientation: The park has a strong export focus, with streamlined customs procedures and export services.

  • Benefits for Foreign Companies:

    • Export-Friendly Environment: Simplified customs and trade facilitation for export-oriented businesses.

    • Industry Clusters: Established industry clusters provide opportunities for collaboration and supply chain integration.

    • Skilled Labor: Availability of a well-trained workforce, particularly in manufacturing and engineering fields.

 

Taicang Port Economic and Technological Development Zone

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  • Located near the Yangtze River and close to Shanghai, Taicang Port Economic and Technological Development Zone is an important hub for logistics, trade, and manufacturing. It is particularly popular among German companies and is known for its advanced manufacturing capabilities. Location: Taicang, Northern Suzhou.

  • Characteristics:

    • Port Proximity: The zone benefits from its strategic location near Taicang Port, enhancing its logistics and trade capabilities.

    • German Investment Hub: The zone has attracted numerous German companies, particularly in the automotive and machinery sectors.

    • Advanced Manufacturing: Focus on precision engineering, automotive parts, and high-end machinery.

  • Benefits for Foreign Companies:

    • Logistics Advantage: Proximity to Taicang Port offers efficient shipping and logistics for both imports and exports.

    • Cultural and Business Ecosystem: Strong presence of European, especially German, companies, fostering a conducive environment for foreign businesses.

    • Industrial Synergy: Opportunities for collaboration within established industry clusters, particularly in automotive and machinery.

 

Suzhou-Changshu Economic and Technological Development Zone (CETDZ)

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  • Suzhou-Changshu Economic and Technological Development Zone (CETDZ) is a comprehensive industrial park that focuses on a variety of industries, including automotive, textiles, chemicals, and new materials. The zone is known for its strong manufacturing base and export orientation. Location: Changshu, Northern Suzhou.

  • Characteristics:

    • Diverse Industry Base: CETDZ hosts companies in sectors such as automotive, textiles, chemicals, and advanced materials.

    • Export-Oriented: The zone has a strong focus on exports, with dedicated facilities for international trade and logistics.

    • Sustainability Focus: Emphasis on green manufacturing and environmental protection.

  • Benefits for Foreign Companies:

    • Export Support: Facilities and services designed to streamline export operations, including customs clearance and bonded warehousing.

    • Cost-Effective Operations: Lower operational costs compared to more central areas in Suzhou.

    • Sector-Specific Support: Tailored services for industries like automotive, textiles, and chemicals, including regulatory guidance and supply chain support.

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Legal services

Law firms

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Da Cheng Law Firm 
Address: 7th, 9th, 10th Floor, Building A, Lianchuangkeji Plaza, 18 Jihui Road, Gulou District, Nanjing - Website: http://nanjing.dachenglaw.com

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Grandall Law Firm 
Address: 5th, 7th-8th Floor, Building B, 309 Hanzhongmen Street, Nanjing - Website: http://www.grandall.com.cn

 

Sundy Law Firm Nanjing Branch 
Address: 6th, 7th Floor, 68 Aoti Street, Jianye District, Nanjing - Website: http://www.sundylawyer.com/

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Tax Audit Accounting

Accounting and tax services

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Tianheng CPA
Address: Room 1907, No.106, Jiangdong Middle Road, Jianye District, Nanjing - Website: www.jscpa.com.cn


Nanjing Yongshun Accounting Group Co., Ltd.
Address: Qinshuiwan Garden, Jiangning District, Nanjing = Website: www.njkjpx.cn 

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Asia-Pacific Pengshengsushuixuntong Tax Accountant Office (Nanjing) Co., Ltd.
Address: 1006, Building A, New Century Plaza, No.288, Zhongshan East Rd., Baixia District, Nanjing - Website: www.jsssxt.com

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China Tax Huijin Jiangsu Tax Accountant Office Co., Ltd.
Address: Room 616, No.488, Zhujiang Road, Xuanwu District, Nanjing - Website: www.huijinglobe.com 

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Suzhou Lixin CPA
Address: Rm.203, No.399, Ganjiang (W) Rd., Canglang Dist., Suzhou - Website: www.cpalixin.com

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Chambers of Commerce

​​​​​​​Chambers of Commerce

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European Union Chamber of Commerce in China
Website: www.europeanchamber.com.cn
Room 951, World Trade Center, 2 Hanzhong Road, Gulou District, Nanjing

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China-Italy Chamber of Commerce
Website: www.cameraitacina.com
Room 509, 5th floor of the Eco Building, No.2 Keying Road, SIP, Suzhou
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