The Office of China (Jiangsu) Pilot Free Trade Zone recently published the sixth list of innovative practices applied in China (Jiangsu) Pilot Free Trade Zone, on which four are from the China (Jiangsu) Pilot Free Trade Zone Suzhou Area (Suzhou FTZ) in SIP. These practices will be rolled out across Jiangsu province.

One of the practices is to help medical devices companies reduce cost of entering and expanding their presence in American market by offering them customized services for application for tax cut based on small business qualification and proof of income.

Another practice is the one-stop financial service platform for micro-, small- and medium-sized enterprises. The platform delivers services from a number of banks, investment organizations and other financial institutions precisely and efficiently to the enterprises.

The other practices are the Corporate Credit Code system, which allows users to check comprehensive credit records of businesses in SIP, and the cross-border financial service platform that facilitates foreign currency freight payment in foreign trade.

September 22, 2025