Chinese and Singaporean officials toast to the 57th National Day of Singapore during a reception in Xiamen on Aug 26. [Photo provided to en.fao.xm.gov.cn]
The Consulate-General of Singapore in Xiamen, East China's Fujian province, held a reception on Aug 26 to celebrate the country's 57th National Day.
Fujian and Singapore have maintained a long and deep cultural and economic relationship, and have achieved fruitful results through cooperation.
Statistics show that there are more than 1,800 Singapore-funded projects in Fujian, covering a wide range of fields such as port management, airplane engine maintenance, modern logistics, educational consultation, financial services and modern services.
In 2021, the import and export volume between Singapore and Fujian increased by 7.2 percent year-on-year to $2.92 billion.
Chinese and Singaporean officials attend a reception in Xiamen on Aug 26 to celebrate the 57th National Day of Singapore. [Photo provided to en.fao.xm.gov.cn]
Since last year, China and Singapore have also expanded cooperation in public health and legal affairs. The Fujian (Xiamen) – Singapore Friendship Polyclinic celebrated the 10th anniversary of its founding in December 2021, and in April, the 2nd Singapore-China International Commercial Dispute Resolution Conference was held simultaneously in Xiamen, Beijing and Singapore.
Nelson Ng Chiun Ming, Singaporean consul general in Xiamen, said at the reception that Singaporean companies are looking forward to participating in Fujian's future development and expecting Fujian's further opening-up, which will facilitate cultural exchange and create more business and investment opportunities between the two sides.
China has launched a new pilot program to allow eligible enterprises greater access to overseas financing in support of green and low-carbon transformation projects, the country's foreign exchange regulator said on Aug 21.
To further streamline the experience, China is expanding tax refund stores, broadening the range of refundable goods, and refining refund procedures, ensuring an efficient and seamless shopping experience for global visitors.
