How Singapore-China ties have kept up with the times

For past China-Singapore economic and trade cooperation, not only was it strong from a wide point of view, there were many pragmatic projects. There are several industrial parks at the national and provincial levels. When we talk about China-Singapore cooperation, the cooperation in industrial parks is very conspicuous, such as the Suzhou Industrial Park, the flagship project between both nations. In today's economic and trade relations, there are changes in the regional economies, and there are also changes in the industrial economy. What do you think are the new ways and formats to further promote the trade and economic cooperation between China and Singapore?
                                             

Country to country, the first important project between China and Singapore was the Suzhou Industrial Park which began in the early 1990s. At that time, China was developing different development zones, attracting investment and wooing foreign investments, so we developed the Suzhou Industrial Park. It was (mainly) the transfer of software - transferring the software of some industrial park management and attracting investments. The industrial park can now be said to be mature, successful, and may even have a chance to be listed one day. This can be said to be the first flagship project.

The second flagship project was the Tianjin Eco-City which we did 10 years ago. At that time, China was concerned about sustainable development and environmental protection, so the eco-city focused on these two themes. (However) the eco-city was not limited to these two themes in the last 10 years. We are now talking about some issues of the smart cities, and have also held some projects on healthcare training. This is also related to issues of social management and social policy.