Hong Kong Express Logistics will sign a cooperation agreement with Suzhou Wuzhong Economic and Technological Development Zone this afternoon, investing 200 million U.S. dollars (about 1.288 billion yuan) to build a Hong Kong Express cold chain logistics project. It is reported that the signed project has a registered capital of 100 million U.S. dollars and a total investment of 200 million U.S. dollars. After completion, it will provide constant-temperature and low-temperature transportation, constant temperature and low-temperature storage services for raw materials and finished products for biomedical, electronics, food and dairy production enterprises in and around Suzhou.

The Logistics Convergence Zone is in its infancy Suzhou Wuzhong District is located in the southern part of the ancient city of Suzhou, surrounded by expressways such as Shanghai-Nanjing, Suhu, Sujiahang, and Gongcheng Expressway. With the advantages of location and transportation, it is actively developing “third parties” and “fourth parties”. Such as new-type logistics, build a modern logistics network that is compatible with regional economic strength and comprehensive transportation system. It is reported that Wuzhong District has introduced more than 300 modern logistics companies including the world's top 500 Maersk Logistics, Suyue Logistics, Daxinhua Logistics, Aerospace Logistics, and Baohuo Logistics, with registered capital of more than 5 billion yuan. In 2010, the added value of logistics was 1.38 billion yuan, accounting for 5.6% of the added value of the service industry. A modern logistics hub centered on the 200 square kilometers Chengnan industrial belt has taken shape.

Rio Tinto Culture and Tourism Industry In addition, Wuzhong District, Suzhou also brings local landscape tourism resources to Hong Kong for promotion and regards cultural tourism as the starting point for the development of the local service industry. It is reported that the local government has proposed the idea and development goal of constructing a unified pattern of development of culture and tourism industries, cultivated the cultural industry into a dominant industry in Wuzhong, and will focus on fostering the development of folk crafts, creative innovation, humanistic communication, film and television entertainment, and other industrial categories. By 2015, the added value of the cultural industry will be more than 7.5 billion yuan, accounting for about 6.5% of GDP.

At the same time, the tourism industry has also been promoted to a strategic pillar industry. The Suzhou Taihu National Tourism Resort is the main body. The Dongshan, Lushan and Wangshan are combined to create a national 5A-level scenic spot. According to the plan, by 2015, Wu will achieve a total tourism revenue of 22 billion yuan, and the added value of tourism will account for 10% of GDP, becoming a veritable strategic pillar industry.

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