Site Search        中文
  Home   |   Business   |   Culture   |   Travel   |   Mount Tai   |   World Connections   |   Photos   |
Singapore, China's Shandong province ink 11 agreements to enhance collaboration

SINGAPORE - Singapore and China's Shandong province on Tuesday signed 11 Memorandum of Understanding (MOU) at the 19th Singapore-Shandong Business Council (SSBC) meeting, said International Enterprises (IE) Singapore in a statement.

The agreements allow Singapore enterprises capture more opportunities in financial services, healthcare, logistics and tourism sectors in Shandong, a coastal province in East China.

IE Singapore said most of the signings were projects relating to modern services, across the education, healthcare and logistics and waste management sectors. SSBC has identified healthcare and logistics, including smart technologies, as key sectors that offer emerging opportunities for Singapore companies.

The meeting on Tuesday was co-chaired by Singapore's Minister of State for Manpower Teo Ser Luck, and Vice Governor of China's Shandong Province Xia Geng.

Teo said China's Shandong province has been experiencing steady growth, fueled by rising consumption, growing agricultural and manufacturing trade. Its aging population is also creating a strong demand for healthcare services.

Singapore is Shandong's third largest foreign investor, with actual investments into the province increased by 15.7 percent to reach $1.4 billion in 2015. IE Singapore said that trade between Singapore and China's Shandong province reached $3.14 billion last year.

Multimedia More
News More
· Strawberry picking warms the hearts of Tai'an locals
· Flood of investment helps Xintai upgrade its industry
· Tai’an named one of China's top 10 tourist destinations
· Riding Tai'an's last "green train"
· Tai'an tops Taobao's list of keenest rural online shoppers
· Yao Ming's Tai'an product launch a slam dunk
· Rescuing Mount Tai's Painting Traditions
· Tai'an Museum opens new branch
· Tai'an CPC members learn the spirit of the Sixth Plenary Session of the 18th CPC Central Committee
· Liyu offers guests authentic pastoral getaway
Copyright 1995 - 2009 . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.