Core Insights - The China-Singapore Connectivity Project has signed 347 government and commercial cooperation projects with a total value of $26 billion since its inception, along with cross-border financing of $21.7 billion [1][2] Group 1: Project Overview - The China-Singapore Connectivity Project is the third intergovernmental cooperation project between China and Singapore, following the Suzhou Industrial Park and Tianjin Eco-City, officially launched in November 2015 [1] - The project aims to enhance international trade routes, covering 577 ports across 127 countries and regions [2] Group 2: Economic Impact - The project has significantly boosted trade, with the total import and export volume between China's western region and ASEAN exceeding 1 trillion yuan, marking a 56.1% increase [2] - Singapore remains the largest source of foreign investment in Chongqing, while ASEAN has become the largest international trade partner for the region [2] Group 3: Innovations and Collaborations - The project has facilitated the establishment of cross-border e-commerce and digital financial service platforms, enhancing trade with Africa [2] - A new customs supervision model for bonded aviation materials has been introduced, reducing operational costs by over 20% [2] - The collaboration has led to the introduction of high-quality educational and medical resources from Singapore to Chongqing [3] Group 4: Trade Developments - In March, two Chongqing food production companies were approved to export five types of animal products to Singapore, marking a breakthrough for meat exports from Central and Western China [3] - The frequency of flights between Chongqing and Singapore has reached 24 per week, making it the most densely connected international route for the city [3]
中新互联互通项目推动签约政府和商业合作项目347个、金额260亿美元
Zhong Guo Xin Wen Wang·2025-10-11 08:27