Shandong, Singapore bolster trade cooperation

(chinadaily.com.cn)| Updated : 2020-11-17

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The 22nd Meeting of the Singapore-Shandong Business Council (SSBC) was held in both Jinan and Singapore via online and offline channels on Nov 11.

About 90 representatives from government departments and companies on both sides attended the meeting, during which promotional activities on innovation and finance also took place.

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The 22nd Meeting of the Singapore-Shandong Business Council is held in both Jinan and Singapore via online and offline channels on Nov 11. [Photo provided to chinadaily.com.cn]

Cooperation agreements for five key projects related to investment promotion, smart home, sewage treatment, vocational education and other fields were signed at the meeting.

Established in November 1993, the SSBC was the first bilateral business council formed between Singapore and a Chinese province.

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Ren Airong, vice-governor of Shandong province, delivers a speech at the meeting. [Photo provided to chinadaily.com.cn]

During her speech, Ren Airong, vice-governor of Shandong province, said that the SSBC has since its founding made fruitful achievements in assisting enterprises from both sides with the sharing of investment and trade information and seeking cooperation opportunities.

"Of the 12 key cooperation projects signed at the 21st council meeting, nine are progressing smoothly," said Ren, adding that Shandong is willing to take the 30th anniversary of diplomatic relationships between China and Singapore as a new starting point to boost economic cooperation and exchanges.

Chee Hong Tat, Senior Minister of State for Foreign Affairs and Transport of Singapore, affirmed the achievements of bilateral exchanges in various fields and expressed his appreciation for Shandong's open and cooperative attitude.

He expressed hope that the two sides can build on the solid foundation built in the past and continue to enrich and upgrade bilateral cooperation so as to make greater contributions to the development of bilateral economic and trade relations.