Low Yen Ling on deepening Singapore-Shanghai ties

Singapore and Shanghai share strong and close relations, with the Singapore-Shanghai Comprehensive Cooperation Council (SSCCC) playing an important and valuable role in fostering and deepening ties and engagement, said Minister of State for Trade and Industry Low Yen Ling. Replying to an MP’s questions in Parliament on Tuesday (May 9), she highlighted the role of the SSCCC in deepening ties between Singapore and Shanghai, as well as the broader Yangtze River Delta (YRD) region. She said the SSCCC continues to enhance cooperation between Singapore and Shanghai. So far, 37 agreements have been signed to promote collaboration across the areas of financial services, technology and innovation, urban governance, people-to-people exchanges, ease of doing business and the Belt and Road Initiative. Notable partnerships include the establishment of the Singapore-China (YRD) Joint Innovation Call, which has received over 50 project applications from Singapore companies embarking on joint innovation projects with partners in Shanghai and the greater YRD region. She added that Singapore and Shanghai continue to actively advance collaboration in new growth areas, such as the digital economy and green development. She said these collaborations reflect the deepened bilateral relationship between Singapore and China towards an “all-rounded, high-quality and future-oriented partnership” announced during the visit of Prime Minister Lee Hsien Loong to China last month.