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ARTICLE · 29 OCTOBER 2013

SIP: From Industry To Innovation

Fox Rothschild LLP
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Malcom McNeil was quoted in the Yahoo Finance article "SIP: From Industry to Innovation."

United StatesStrategy
Yahoo Finance
Yahoo Finance
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Malcom McNeil was quoted in the Yahoo Finance article "SIP: From Industry to Innovation." While the full text can be found in the October 1, 2013, issue of Yahoo Finance, a synopsis is noted below.

The Suzhou Industrial Park (SIP), a joint program between China and Singapore, has undergone an impressive transformation in recent years. The park initially focused on manufacturing, but its leaders knew that the real gains were to be made in innovation as opposed to just making products designed elsewhere.

The financial crisis accelerated this change. SIP is pioneering a path that China as a whole hopes to emulate by moving its economy away from low-end manufacturing and up the value chain.

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