Official data released recently by the Suzhou Municipal Statistics Bureau show that Suzhou’s economy maintained a good momentum of steady growth in the first 7 months of 2025.
From January to July this year, the total output value of Suzhou’s industrial enterprises above designated size reached 2,726.77 billion yuan, increasing by 4.5% year-on-year (similarly hereinafter). The added value of industrial enterprises above designated size in the city increased by 7.8%. The leading industries saw a steady growth in this period. The city’s six leading industries achieved a total output value of 1,769.91 billion yuan, up by 5.0%, accounting for 64.9% of the total output value of industrial enterprises above designated size, 0.4 percentage points higher than the previous year. Among them, the output value of the electronic information industry and the electrical machinery and equipment manufacturing industry grew by 7.1% and 5.3% respectively. Meanwhile, the advanced manufacturing industry witnessed a remarkable growth. The output value of high-tech industries reached 1,541.73 billion yuan, up by 6.9%, accounting for 56.5% of the total output value of industrial enterprises above designated size, 2.0 percentage points higher than last year.
From January to July, the city’s investment in fixed asset was 367.09 billion yuan, a decrease of 2.5%. After deducting the investment in real estate development, the investment in fixed assets increased by 10.1%. Industrial investment maintained double-digit growth, reaching 133.89 billion yuan, up by 12.5%. Among them, investment in the electronic information industry, the general equipment manufacturing industry, and the electrical machinery and equipment manufacturing industry rose by 17.4%, 21.1% and 33.3%, respectively. Investment in high-tech industries grew by 10.8%, among which the growth rate of investment in high-tech service industries was 34.4%.
In the first 7 months this year, Suzhou’s foreign trade totaled 1,525.8 billion yuan, a growth of 5.3%. Its exports increased by 7.0% to 958.99 billion yuan and imports grew by 2.5% to 566.81 billion yuan. The city’s trade with emerging markets kept a rapid growth. The exports with countries along the Belt and Road routes reached 418.71 billion yuan, increasing by 21.9%, accounting for 43.7% of the city’s total. Meanwhile, mechanical and electrical products were the main driving force for export growth. From January to July, the export value of such products from Suzhou increased by 6.2% to 745.5 billion yuan, generating 4.9 percentage points of growth for the city’s exports.
