The service industry enjoyed rapid development and realized an added value of 797.58 billion yuan, registering an increase of 9.7% over the previous year, accounting for 51.5% of the gross regional product.
The finance has operated in a stable manner. At the end of 2016, there were 774 financial organizations in Suzhou, and the total financial assets amounted to 4.4 trillion yuan.
The insurance business has enjoyed a stable growth. At the end of 2016, there were 81 insurance organizations and 921 affiliated agencies of various kinds. Throughout the year, the premium income reached 52.481 billion yuan, seeing and increase of 42.5% over the previous year.
The total trusted value of security institutions reached 612.3 billion yuan. In 2016, the trading volume of various securities attained 5.32 trillion yuan, and the trading volume of futures markets came to 3.10 trillion yuan.
In 2016, 13 companies were newly listed, bringing the total number of listed companies to 113. They had raised a total of 158.2 billion yuan of funds by the end of the year. 203 NEEQ listed companies were newly added, bringing the total number to 432. Throughout the year, the newly added bond financing stood at 137.38 billion yuan, seeing an increase of 68.81 billion yuan over the previous year.