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S'pore keen to help Chinese companies go global: SM Goh
By Ca-Mie de Souza, Channel NewsAsia's China Correspondent | Posted: 25 April 2007 1614 hrs

 
 
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BEIJING: Singapore is keen to help Chinese companies go global, says the city state's senior minister Goh Chok Tong.

He made this point in Beijing at a meeting with Li Rongrong, Chairman of China's State-Owned Assets Supervision and Administration Commission of the State Council, also known as SASAC.

The Chinese leader pointed out that SASAC and Singapore's investment arm Temasek Holdings enjoy good cooperation.

And he thanked Temasek for training some 300 SASAC directors and officials so far.

But the leaders would like their collaboration to go beyond training.

As SASAC enters its next phase of development, Mr Goh said Singapore wants to work with and invest in Chinese companies as more of them go international.

Temasek had earlier announced its interest to invest in China's state-owned enterprises or other large companies that serve as broad-based proxies for the economic transformation in China.

Mr Goh is on a four-day official visit of Beijing and Henan at the invitation of the Chinese government. - CNA/yy

 

 



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