Third Singapore-China project to be based in Chongqing: Xi

Singapore

THE third Singapore-China government-led project will be based in Chongqing, Chinese President Xi Jinping said at a state banquet at the Istana on Friday night.

"During my visit, the two sides will officially launch the third project based in Chongqing," he said.

The bilateral project will be on the theme of "modern connectivity and modern services", and could help lower the cost of doing business in China's western region.

Singapore and China will sign an agreement on Saturday to kick-start the project, which is a highlight of Mr Xi's two-day state visit to Singapore.

The other two cities in contention for the project in western China were Chengdu and Xi'an.

A city of 30 million, Chongqing is one of four municipalities under the direct control of…