Singapore offers its experience to help China

Singapore believes that services, including financing and legal services, are strengths it can offer China as opening-up accelerates.

For example, large-scale infrastructure construction projects require a legally guaranteed environment, and Singapore can leverage its advantages and experience to assist China in overseas investments requiring huge capital and material resources, said Chan Chun Sing, Singapore's minister for trade and industry, on the sidelines of the China International Import Expo in Shanghai. Singapore has been China's biggest source of foreign investment for five consecutive years.

"Under the framework of the Belt and Road Initiative, one-third of China's investment abroad has gone through Singapore to reach other countries for projects," Chan said on Tuesday.