China-Singapore Intergovernmental Cooperation and Economic and Trade Relations

Since the establishment of diplomatic relations between China and Singapore in 1990, both the economic and political ties between the two countries have experienced a substantial growth. China-Singapore Suzhou Industrial Park, China-Singapore(Chongqing) Demonstrative Initiative on Strategic Connectivity, and the compatibility between Singapore’s development strategy and China’s Belt and Road initiative are testimony to the ever-growing bilateral economic and trade links. The deepening and expanding economic and trade relations between China and Singapore enhance political mutual trust, propelling China’s economic and industrial upgrading. At the same time, they exert a positive influence on the development of China-ASEAN relations and an effective implementation of the Belt and Road initiative in Southeast Asia.