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Why Suzhou Animation Industrial Park was shelved?
Suzhou Animation Industrial Park was shelved for the following reasons: financial problems and market environment.
1. capital: the animation industry is a high-input and high-risk industry, which needs a lot of financial support. The total investment of Suzhou Animation Industrial Park is as high as 5 billion yuan, and the project has been shelved due to difficulties in raising funds.
2. Market environment: Although China's animation industry has developed rapidly, compared with developed countries, there is still a certain gap in market size and consumption level. Due to the poor market environment and uncertain investment return prospects, Suzhou Animation Industrial Park was put on hold.
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