Core Insights - The China-Singapore (Chongqing) Strategic Connectivity Demonstration Project has achieved significant milestones over the past decade, including 347 signed government and commercial cooperation projects worth $26 billion and a cumulative cross-border financing amount of $21.7 billion [1] Group 1: Project Achievements - The project has successfully established a new cooperation framework between China (Chongqing) and Singapore, facilitating direct connections and enhancing regional economic development [1] - The Western Land-Sea New Corridor, initiated under this project, has become a vital trade route connecting the Silk Road Economic Belt and the 21st Century Maritime Silk Road, significantly reducing shipping times to Southeast Asia [2] - The range of goods transported via the Western Land-Sea New Corridor has expanded to 1,316 categories, reaching 577 ports in 127 countries and regions, with a total volume nearing 5 million TEUs [2] Group 2: Financial Cooperation - Over the past ten years, diverse cross-border financing channels have been established, including the first real estate investment trust in Asia and the first digital RMB cross-border settlement [3][5] - A total of 74 innovative open policies have been implemented to enhance financial cooperation between China and Singapore [3] Group 3: Broader Impacts - The project has facilitated cultural exchanges and tourism, with a significant increase in Chinese tourists visiting Singapore, reaching 2.5 million in the first nine months of the year [7] - The mutual visa exemption policy has enhanced travel convenience and cultural interactions between the two nations, contributing to growth in retail and service sectors [7] - Future plans include expanding cooperation in green finance, digital connectivity, and other forward-looking areas to better serve the real economy [5][8]
中新互联互通项目为构建周边命运共同体注入新动能
Xin Hua Wang·2025-11-10 12:54