Li Wenjie from Suzhou Industrial Park City Development Research Institute: Government-Enterprise Collaboration to Build ESG Industrial Hub

Deep News
Sep 19, 2025

On September 11, the 2025 Global Headquarters Economy Conference and China Building Economy Beijing Forum was held in Beijing, hosted by the World Trading Centers Association and China Association for the Promotion of Industrial Development. The conference was organized by the Building Economy and Headquarters Economy Branch of China Association for the Promotion of Industrial Development and Cluster Think Tank. The event brought together renowned headquarters enterprises and asset management institutions to focus on opportunities and challenges in headquarters economy and building economy development from a global perspective, exploring pathways and models for "breakthrough and evolution," and building an industrial community of "city-headquarters-building" while establishing a high-end dialogue and cooperation platform for headquarters economy and building economy. Li Wenjie, Deputy Director of Suzhou Industrial Park City Development Research Institute, was invited to participate as a guest in the roundtable discussion on "ESG Empowering Real Economy and Real Estate Value Creation."

The dialogue transcript is as follows:

Dear colleagues and friends, I am honored to exchange views on ESG practices and development with you all. In 2024, Suzhou Industrial Park, based on industrial development needs and industry trends, has advanced a series of solid and forward-looking initiatives in the ESG field: On one hand, we established an ESG think tank platform - Suzhou ESG Research Center (affiliated with the Park's City Development Research Institute), providing professional intellectual support for theoretical research and practical exploration in the ESG field; On the other hand, we created China's first ESG-themed hub - Suzhou ESG Industrial Innovation Center, effectively gathering enterprises in ESG rating, certification, consulting and other fields, forming an efficient collaborative industrial clustering effect.

Here, I would like to focus on the keyword "industrial park." From an industrial ecosystem perspective, industrial parks serve as both "micro-ecological units" for ESG practices and key links connecting industries, enterprises, and ESG operational practices, functioning like "capillaries" in an ecosystem, playing an important role in bridging the "last mile" of ESG implementation. Within the "carrier" of industrial parks, governments and enterprises can achieve deep collaboration and mutual benefits: enterprises' high-quality development injects momentum into regional economic upgrading and industrial ecosystem optimization, while governments create better development environments for enterprises through policy guidance and improved functional services. Our institution is based on the park platform, promoting coordinated unity between enterprise development and regional progress through policy research and service function optimization, building a more harmonious and efficient development framework.

On March 19, 2024, Suzhou Industrial Park officially released two documents: the "ESG Industrial Development Action Plan" and "Several Measures on Promoting ESG Development," clarifying directions and guarantees for ESG industrial development. The Action Plan proposes two goals for the park's ESG industrial development by 2030 and 2050, along with phased development tasks; the Several Measures introduce supporting policies from multiple dimensions, covering encouragement of quality ESG projects to settle in the park, support for local ESG enterprises to grow stronger, innovation in ESG financial services, guidance for enterprises to conduct ESG information disclosure and related practical activities, attracting more quality ESG resources to cluster in the park through comprehensive policy support. Currently, relevant policies have entered the continuous implementation and deepening phase, providing stable support for the park's ESG industrial development.

To further promote the park's role in driving enterprises to deepen ESG practices, we plan to build a support system from four dimensions: "carriers, ecosystem, tools, and driving force." First is strengthening carrier construction, which aligns with today's "building economy" development theme. In the future, we will create more high-quality industrial carriers and strengthen ESG industrial clustering effects. For example, the Center Green Cyberport located in the park's Jinji Lake Business District, as a benchmark project of China-Singapore cooperation, takes "carbon management" as its core goal, creating a green, low-carbon, and intelligent integrated new industrial park that will provide quality spatial carriers for resource integration and win-win cooperation among enterprises. Second is improving ecosystem construction, relying on the park's ESG alliance to integrate industrial chain resources and undertake service functions such as enterprise training and industry exchanges. Currently, enterprises in the park generally have intrinsic motivation to conduct ESG practices, but some enterprises face issues such as insufficient resources and lack of experience. Through the coordinated management of industrial alliances, we can effectively fill resource gaps and promote standardized and efficient ESG practices among enterprises. Third is optimizing tool support by building the park's ESG digital service platform to provide enterprises with full-process digital tool support. Through this platform, enterprises can achieve ESG self-diagnosis, AI-generated ESG reports, and other functions, improving ESG practice efficiency. The last is injecting continuous driving force - we established China's first ESG Green Unicorn Industrial Fund, using green finance as a lever to provide substantial driving force for enterprise ESG practices. Through innovative green credit, green bonds, and other financial products, we enable enterprises to receive tangible financial support while practicing ESG concepts, thereby enhancing enterprises' initiative and sustainability in participating in ESG practices.

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