Developing bilateral relations between Singapore and China


    Singapore and China are enjoying development in the bilateral relations between the two nations. The year 2020 marks the 30th anniversary of the establishment of diplomatic relations between Singapore and China. Leadership from both sides are working hard to enhance the logistic and financial connectivity between the nations. The New International Land-Sea Trade Corridor is a trade and logistics passage jointly built by western Chinese provincial regions and Singapore under the framework of the China-Singapore (Chongqing) Demonstration Initiative on Strategic Connectivity, or Chongqing Connectivity Initiative (CCI). The corridor serves as a bridge between the Silk Road Economic Belt and the 21st Century Maritime Silk Road and helps enhance connectivity between Western China, Southeast Asia and the rest of the world. As part of the corridor, the land-sea freight route had linked 234 ports in 92 countries and regions as of now. The platform also showed that 386 trips were made along the route in the first half of 2020. Goods transported along the route covered more than 350 categories including automobiles and auto parts, chemical raw materials and products, light industry and pharmaceutical products and fresh and frozen goods, according to the platform. China has been Singapore’s largest trading partner and Singapore has been China’s largest foreign investor since 2013. 


    Please enter your comment!
    Please enter your name here

    Enable Google Transliteration.(To type in English, press Ctrl+g)