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More scope for Sino-S'pore cooperation: DPM Teo

Business China Awards 2016 were conferred on NUS Professor Wang Gungwu; GGV Capital managing partner Jenny Lee; and the Bank of China

Published Tue, Nov 22, 2016 · 09:50 PM

Singapore

EVEN as Business China celebrates luminaries who have helped bolster Sino-Singapore ties in one way or another, new areas are opening up for Singapore to step up its cooperation with China in trade, business and financial market development.

"The Belt and Road initiative, the Asian Infrastructure Investment Bank, the internationalisation of the renminbi (RMB), the new digital economy, and the search by Chinese companies for new overseas markets and investments, offer new opportunities to strengthen bilateral links and business partnerships in these growth areas," said Teo Chee Hean, Deputy Prime Minister and Coordinating Minister for National Security.

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