Singapore is Country-of-Honour at 11th China-ASEAN Expo (CAEXPO)
- Apex business chamber, Singapore Business Federation (SBF) leads largest ever delegation of companies, Trade Associations and Chambers (TACs) (商协会)
- Singapore business community strengthens collaboration with Chinese counterparts in the areas of shipping, port, logistics and legal services
- SBF and the China Council for the Promotion of International Trade (CCPIT)(中国国际贸易促进委员会) inks MOU of cooperation
11 September 2014 [Singapore] - SBF is organising and leading Singapore’s participation at the 11th CAEXPO and 11th China-ASEAN Business and Investment Summit (CABIS) from 16th to 19th September 2014 in Nanning, China.
SBF Chairman, Mr S. S. Teo (张松声主席) will head the largest SBF delegation to date — a 260-strong delegation with some 90 companies and nine TACs. The business delegation comprises business leaders and senior representatives from diverse industries including education, food and beverage, financial services, general trading, information and communications, legal services, logistics, pharmaceuticals, port management, real estate, shipping and tourism management. (Refer to Annex B for full list).
CAEXPO is an annual international trade event held in Nanning, Guangxi, China since 2004. Singapore is the Country-of-Honour for this year’s CAEXPO and CABIS.
Supported by the Ministry of Trade and Industry (MTI), SBF will be setting up the Singapore National Pavilion, designed to the theme of “Connectivity” (互联互通), to profile Singapore’s world-class infrastructure and global connectivity and exemplified through three key pillars; Air and Sea Connectivity, Business Hub and Urban Solutions.
SBF will be inking an MOU with the China Council for the Promotion of International Trade (CCPIT).
Separately, SBF will also be organising a series of networking events and visits, aimed at enhancing business collaboration. These include the Singapore Day Seminar, ASEAN-China Business Leaders Forum, China-ASEAN Business Law Cooperation Forum and a Roundtable Dialogue between Prime Minister Lee Hsien Loong and participating Chinese CEOs and also a Singapore-Guangxi Networking Dinner. At the Singapore Day Seminar, Mr S. S. Teo’s speech will focus on Singapore’s role as the hub/node for South East Asia in the 21st Century Maritime Silk Road (新加坡作为21世纪海上丝绸之路的东南亚枢纽).
Last year’s 10th CAEXPO attracted a total trade volume of around US$1.9 billion and 52,000 trade visitors. 118 international economic cooperation programmes were also signed.
“Guangxi is one of the regions with the most development potential in China's economy. I am confident that the rise of the ASEAN Economic Community (AEC) (亚细安经济共同体) will spur greater business opportunities within and outside Asia. The China - ASEAN Expo, now in its 11th year, will further the cooperation between China and ASEAN countries, and continue to provide a conducive platform to promote exchanges and business development across all fields. SBF as the apex chamber of Singapore is committed to encourage our member companies to expand overseas, and help them strengthen international business linkages.” said SBF Chairman, Mr S. S. Teo.
China is Singapore’s top trading partner, with total trade amounting to S$115.2 billion in 2013. In the same year, Singapore’s investments in China reached US$7.23 billion, becoming China’s largest investor country. Besides our two flagship government-to-government projects – the Suzhou Industrial Park and the Tianjin Eco-city – both sides have also strengthened economic links through private sector-led initiatives. This includes the Guangzhou Knowledge City, the Jilin Food Zone, the Singapore-Nanjing Eco Hi-Tech Island, and the Singapore-Sichuan Hi-Tech Innovation Park.
Beyond economic cooperation, Singapore and China are also exploring new spheres of collaboration in education, culture, social management and finance. Recent initiatives include the Singapore-China Forum on Social Management, the education and research collaboration between the Singapore University of Technology and Design, the Massachusetts Institute of Technology, Zhejiang University, as well as the establishment of the China Cultural Centre in Singapore.
Singapore National Pavilion 新加坡国家馆
Theme of Pavilion “Connect Singapore – Your Window to ASEAN and the World”
新加坡 – 与您携手迈向东盟与世界
Singapore has developed from a third to first-world country within a short span of 49 years. We have built on our geographical advantage and established a strong network of air and sea routes, supported by a conducive and cosmopolitan business environment. We have also developed innovative solutions to overcome our inherent urban development challenges, making Singapore a highly liveable and multicultural city. Singapore has also become an attractive location and a window for companies and individuals to connect to the region and the world.
Changi Airport serves more than 100 airlines through physical and code-share operations, flying to over 300 cities in about 70 countries and territories worldwide, with more than 6,500 weekly scheduled flights. As a leading cargo hub in Asia, Changi plays an integral role for global trade. Changi International Airport is the 5th busiest international airport in the world, handling more than 53 million passenger movements in 2013 and has won more than 450 awards.
Today, with 90% of world trade carried by sea, we continue to develop Singapore’s sea transport connectivity so that we remain integrated into the global economy. The port of Singapore received the ‘Best Seaport in Asia’ award 26 times out of the 28 times it has been nominated, at the ‘Asian Freight and Supply Chain Awards’ (AFSCA). Singapore is also connected by 200 shipping lines to 600 container ports in 123 countries, with daily sailings to every major port of call in the world.
A Dynamic Business Hub
Singapore’s strong fundamentals stem from its reputation for trustworthiness, sound governance and a strong legal framework. With an open and efficient business environment and strategic location for fostering cultural, economic and academic exchanges, Singapore is the gateway between Asia and the rest of the world. Singapore’s workforce has also been recognised as No. 1 in the world.
A Future-Ready Global City
As a city state, Singapore has to cater for land use in housing, industry, business, social, recreational and infrastructure needs (such as seaports, airports, utilities, reservoirs and military training areas) in our limited 716 sq km land area, which is about one-tenth the size of Nanning city’s urban area. Our planners must consider all land use demands comprehensively, so that potential trade-offs between uses can be evaluated holistically.