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Singapore Businesses Invest in China's Long-Term Growth
Singapore businesses see China as a long-term investment, participating in CIIE to expand in various sectors and collaborate globally.
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Kok Ping Soon
- What is the economic relationship between Singapore and China?
- Singapore is China's largest trading partner and second-largest foreign investment source; China is Singapore's top destination for overseas investments.
- What is the significance of the CIIE for Singaporean companies?
- The CIIE serves as a platform for Singaporean companies not only to access the Chinese market but also to connect with global partners, expanding beyond China-centric collaborations.
- What are some key areas of collaboration between Singapore and China?
- Collaboration areas between Singapore and China include green transformation, AI security and governance, and smart city development; the opening of China's healthcare sector presents significant opportunities for Singaporean companies.
- What is the perspective of Singaporean firms regarding investment in China?
- Singapore companies view China as a long-term investment opportunity due to its large middle-income population and expanding consumer market.
- How many Singaporean businesses participated in the 7th China International Import Expo (CIIE)?
- The Singapore Business Federation (SBF) led a delegation of nearly 400 representatives from 44 Singaporean businesses to the 7th China International Import Expo (CIIE).