Arab Today, arab today boosting investment cooperation between china singapore
Last Updated : GMT 18:25:01
Arab Today, arab today
Arab Today, arab today

Boosting investment cooperation between China, Singapore

Arab Today, arab today

Arab Today, arab today Boosting investment cooperation between China, Singapore

Singapore's Trade and Industry Minister Lim Hng Kiang
Singapore - XINHUA

 The trade ministers of China and Singapore said at an investment cooperation meeting on Thursday that they saw potentials and opportunities to boost bilateral investment cooperation between the two countries.
Representatives from both sides at the fourth meeting of the China-Singapore Investment Promotion Committee here covered topics such as the investment by Singapore enterprises in China, Chinese enterprises going international, free trade zones and services trade cooperation.
China's Minister of Commerce Gao Hucheng and Singapore's Trade and Industry Minister Lim Hng Kiang jointly presided over the meeting, where the two sides had in-depth discussions and achieved consensus on a wide range of topics.
Gao said that the reforms blueprint outlined at the Third Plenary Session of the 18th Communist Party of China (CPC) Central Committee in November last year include many measures to improve the investment environment in China and facilitate overseas investments by Chinese enterprises.
China and Singapore should try to deepen the cooperation involving Singapore investment in China and give more support to Chinese enterprises going international, and that they should continue pushing forward the development of the industrial parks in China involving Singapore investors and work together on efforts to build the 21st century maritime Silk Road, the minister said.
Bilateral trade in goods between China and Singapore grew by 9. 6 percent year on year to 75.9 billion U.S. dollars in 2013, while services trade grew by 5.9 percent to hit 19.3 billion U.S. dollars.
Investment made by Singapore investors in China in 2013 grew by 14.7 percent year on year to 7.23 billion U.S. dollars, while investment in the other direction surged by 78.2 percent to hit 2. 41 billion U.S. dollars.
As both China and Singapore are now making efforts to upgrade and transform their economies, the ongoing process will lead to more possibilities of complementary trade and economic cooperation, Gao said.
Lim agreed with the proposed efforts highlighted by his Chinese counterpart.
He said that Singapore is keen to work together with the Chinese side to promote cooperation between the enterprises of both countries, especially participation of Singapore businesses in China's growth. He highlighted healthcare and medical services, education, logistics, environment and urban development as some of the sectors where Singapore would like to see its enterprises further increase their investments in China.
He also said that Singapore is willing to work together with China to promote the exchanges and cooperation on regional economic integration.
China became Singapore's largest trading partner in 2013, while Singapore has been the leading foreign investor among the Southeast Asian countries in the Chinese mainland market since 1980 and further became the largest foreign investor in China in 2013, though it cannot compare with China's Hong Kong.
The number of Chinese companies that have operations in Singapore also grew from 766 in 2000 to more than 5,200 in 2013.
Gao also attended a breakfast meeting with business leaders from both countries on Thursday together with Lee Yi Shyan, Singapore's senior minister of state for trade and industry and national development.
The China-Singapore Investment Promotion Committee was established in 2005. Its first three meetings were held in Beijing in 2007, 2010 and 2012, respectively.

 

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today boosting investment cooperation between china singapore Arab Today, arab today boosting investment cooperation between china singapore

 



Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today boosting investment cooperation between china singapore Arab Today, arab today boosting investment cooperation between china singapore

 



Arab Today, arab today
Arab Today, arab today Arab tradition glitters in Colombia

GMT 12:59 2017 Thursday ,19 October

Arab tradition glitters in Colombia
Arab Today, arab today Barcelona through George Orwell’s eyes

GMT 13:44 2017 Friday ,20 October

Barcelona through George Orwell’s eyes
Arab Today, arab today Etiquette expert underlines importance of gifts

GMT 17:52 2017 Sunday ,03 September

Etiquette expert underlines importance of gifts
Arab Today, arab today Tillerson heads to Gulf, downbeat

GMT 09:23 2017 Friday ,20 October

Tillerson heads to Gulf, downbeat
Arab Today, arab today Hiring not part of Alibaba pledge

GMT 11:26 2017 Wednesday ,18 October

Hiring not part of Alibaba pledge
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today World's deepest lake in peril

GMT 15:54 2017 Friday ,20 October

World's deepest lake in peril
Arab Today, arab today Ex-French minister Dati wants tough action

GMT 10:54 2017 Thursday ,19 October

Ex-French minister Dati wants tough action
Arab Today, arab today Delhi braces for pollution 'airpocalypse'

GMT 16:07 2017 Friday ,20 October

Delhi braces for pollution 'airpocalypse'
Arab Today, arab today The history of solar eclipses

GMT 05:16 2017 Sunday ,20 August

The history of solar eclipses
Arab Today, arab today Sweden to get biggest car factory

GMT 14:10 2017 Friday ,20 October

Sweden to get biggest car factory
Arab Today, arab today Mercedes says recalls 400,000 UK cars

GMT 06:56 2017 Tuesday ,17 October

Mercedes says recalls 400,000 UK cars
Arab Today, arab today Actress Shery Adel happy for Egypt’s qualification

GMT 08:57 2017 Wednesday ,18 October

Actress Shery Adel happy for Egypt’s qualification
Arab Today, arab today Massacre fears spark race

GMT 19:09 2017 Thursday ,19 October

Massacre fears spark race

GMT 07:47 2017 Tuesday ,17 October

Hussein Fahmy happy for honoring in festival

GMT 18:15 2017 Monday ,16 October

British actress becomes fifth woman

GMT 18:29 2017 Sunday ,03 September

Designer produced new set of ornaments

GMT 16:00 2017 Wednesday ,18 October

Climate-disrupting volcanoes helped topple

GMT 10:46 2017 Saturday ,05 August

Nanis reveals simple ideas for home renovation

GMT 06:43 2017 Wednesday ,18 October

Fake dentists ply brisk trade

GMT 06:49 2017 Tuesday ,17 October

EasyJet, Lufthansa among seven to bid

GMT 17:12 2017 Monday ,07 August

Al-Shawaifi reveals secrets of total solar eclipse

GMT 20:46 2017 Thursday ,19 October

Qualcomm files lawsuits in China to ban iPhones

GMT 19:29 2017 Tuesday ,29 August

Yomna: decoration leaved positive effects
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday