Latest news and articles about Suzhou Industrial Park
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A new generation of 'engineer-millionaires' from Suzhou's semiconductor and AI sectors is flooding Hangzhou’s luxury real estate market, fueled by massive IPO gains and equity payoffs. Driven by decades of state-backed industrial policy, this wealth migration highlights a shift from internet-based wealth to 'hard tech' dominance, with high-end property remaining the preferred asset for wealth preservation.