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Senior minister calls for strengthened Singapore-China business ties
By Wang Yanlin |
November 25, 2011, Friday
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Online Edition
Online Edition
SINGAPORE'S close cultural links with China should help streamline bilateral trade and investment between the countries, while the two nations should work closely to accelerate the prosperity of Asia, senior officials from Singapore said in Shanghai today.
"Tapping into our common culture and historical background is something that multi-racial Singapore is well-placed to do," Grace Fu, senior minister of state for information, communications, arts, environment and water resources, said at a forum organized by the Shanghai Singapore Business Association -- Singapore Club Shanghai.
In the face of a smaller and increasingly interdependent world, Fu suggested Singapore investors could make use of networks and relationships in China to consolidate their current business and help newcomers.
According to SSBA-SCS, there are more than 2,500 Singapore-invested companies in Shanghai, and roughly 8,000 Singaporeans live in the city.
"Tapping into our common culture and historical background is something that multi-racial Singapore is well-placed to do," Grace Fu, senior minister of state for information, communications, arts, environment and water resources, said at a forum organized by the Shanghai Singapore Business Association -- Singapore Club Shanghai.
In the face of a smaller and increasingly interdependent world, Fu suggested Singapore investors could make use of networks and relationships in China to consolidate their current business and help newcomers.
According to SSBA-SCS, there are more than 2,500 Singapore-invested companies in Shanghai, and roughly 8,000 Singaporeans live in the city.
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