Business China signs MOU with China-ASEAN Expo Secretariat to Deepen Cooperation and Extend Network
On 12 September, Business China signed a Memorandum of Understanding (MOU) with China-ASEAN Expo Secretariat during the Singapore-Guangxi Networking Dinner of the 14th China-ASEAN Expo (CAEXPO), to deepen collaboration and extend network through flagship events’ tie up, commercial leverage and information sharing.
Held in Nanning, China, the CAEXPO was organised by the People’s Government of Guangxi Zhuang Autonomous Region and it was the second time Business China inked a MOU with Guangxi.
In July this year, Business China signed a MOU with Guangxi People's Government at the FutureChina Global Forum held in Singapore, in a bid to explore wide range of business, cultural and talent exchange opportunities opened up by the Southern Transport Corridor running from Chongqing to Guangxi through Singapore to connect the rest of the ASEAN countries.
In Nanning, Business China Chairman Mr Lee Yi Shyan and CEO Ms Sun Xueling participated in the CAEXPO activities which included a visit to the Singapore pavilion. Mr Lee and Ms Sun also joined the delegation led by Business China Board Director Senior Minister of State Koh Poh Koon to call on Guangxi Party Secretary Mr Peng Qinghua.
Business China also actively participated in the other activities organised in CAEXPO. Invited by Guangxi Government, Mr Lee delivered the opening speech at the China-ASEAN Port Cities Cooperation Network Work Conference attended by over 200 port operators, logistic and related industry players as well as ASEAN government officials.
On the same day, Mr Lee also delivered a welcome address at the Singapore Day Seminar themed “Connecting Singapore and ASEAN to the World” organised by Ministry of Trade and Industry, Singapore Business Federation and CAEXPO.
Mr Lee mentioned that the Singapore and Chinese governments are working closely to develop the Southern Transport Corridor, and enterprises from both countries have responded favourably as shown by the number of cooperative agreements inked. It is therefore imperative that business people from both countries continue to share knowledge and expertise, leverage the Belt and Road Initiative and tap on the connectivity opportunities opened up by the Southern Transport Corridor. It is believed that close collaboration by enterprises from both Singapore and Guangxi will create new business opportunities and promote regional economic vitality.
Other speakers at the Singapore Day Seminar included speakers from Economic Development Board, International Enterprise Singapore, Singapore International Arbitration Centre and Singapore Tourism Board.
The implementation of Southern Transport Corridor complements the China-Singapore Chongqing Demonstration Initiative on Connectivity (CCI) Initiative and connects to the land and maritime routes of the Belt and Road Initiative. Business China has been a strong supporter of the development of Southern Transport Corridor. The Corridor is strategic as it will continue to act as an enabling node linking Singapore, China and the ASEAN through a robust people-to-people network, as well as collaborations with like-minded enterprises.