CHANGZHOU, China, Sept. 30, 2017 /PRNewswire/ — On September 28, the Centre for International Economic and Technological Cooperation, a government unit under the aegis of China’s Ministry of Industry and Information Technology, signed a strategic partnership with the municipal government of Changzhou, formally kicking off the construction of Sino-Swiss Industrial Park in Changzhou National Hi-Tech District.

The establishment of the park was the result of the Changzhou CPC Municipal Committee’s and the Changzhou city government’s proactive engagement in an initiative to strengthen ties between China and Switzerland. The initiative also helps to advance both “China Manufacturing 2025”, the Chinese government’s plan to move the country from the role as the world’s low-priced factory floor to one whose industrial leaders stand head and shoulders with their counterparts in the world’s developed countries, and Switzerland’s “Industry 4.0”, the Alpine country’s plan to take the lead across Europe in completing the fusion of industry and digitisation.