Sumary of Singapore-Chongqing connectivity strengthens, facilitating trade:
- It focuses on opportunities to deepen financial collaboration between Singapore and Chongqing, and more broadly between ASEAN and western China.
- Financial cooperation has become an engine for Belt and Road Initiative (BRI) projects, connecting the Silk Road Economic Belt and the 21st-Century Maritime Silk Road.
- For example, the CCI cross-border financial services is empowering the New International Land-Sea Trade Corridor.
- It is a financial service platform jointly built by China and Singapore for the corridor, providing convenient and low-cost financial services for logistics, trade and manufacturing enterprises along the route.