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  • Innovation, resilience, connectivity and the Belt & Road Initiative take centrestage at FutureChina Global Forum and Singapore Regional Business Forum jointly presented by Business China and SBF

Innovation, resilience, connectivity and the Belt & Road Initiative take centrestage at FutureChina Global Forum and Singapore Regional Business Forum jointly presented by Business China and SBF


  • More than 600 foreign ministers, ambassadors, state government officials, representatives from business organisations and prominent business owners from China, ASEAN, Singapore and the region attended

  • Business China will launch two new initiatives – the Singapore- China Open Innovation Platform and the FutureChina Regional Executive Programme

  • Business China will also be signing several MOUs on providing internship opportunities for young Singaporeans, promoting people-to-people exchange between Singapore and China

  • SBF Infrastructure Committee launched to help Singapore businesses seize regional infrastructural opportunities

  • Founding members of BRI Connect unveiled as a network promoting collaborations and sharing expertise on the Belt & Road Initiative
27 August 2018 [Singapore] - Business China and Singapore Business Federation have for the first time collaborated to present a special joint forum this year, bringing together two annual flagship events – Business China's FutureChina Global Forum and the Singapore Business Federation's Singapore Regional Business Forum (abbreviated as “FCGF® & SRBF®”).

Held over two days on 27 and 28 August 2018, FCGF® & SRBF® 2018 is expected to draw more than 800 delegates including foreign ministers, ambassadors, state government officials, representatives from business organisations and prominent business owners from China, ASEAN, Singapore and the region.

The two-day Forum will centre its discussions around innovation and connectivity, the Belt and Road Initiative as well as on ASEAN. Themed “Basis for Future Prosperity and Innovation”(坚韧、创新、合作、未来), the Forum’s key topics are selected in conjunction with Singapore’s chairmanship of ASEAN in 2018 and aligned with ASEAN’s guiding themes and regional priorities of innovation and resilience. FCGF ® and SRBF ® 2018 is also held in conjunction with the ASEAN Economic Ministers Meeting from 29 August 2018.

Guest-of-Honour Mr Teo Chee Hean, Singapore’s Deputy Prime Minister and Co-ordinating Minister for National Security, will deliver a keynote address. Also speaking at the Forum are Singapore’s Minister for Education Mr Ong Ye Kung, who will speak on innovation and enterprise in the age of disruption, and Minister for Trade and Industry Mr Chan Chun Sing, who will share his views on regional connectivity. Chongqing Mayor Tang Liangzhi, Vice Governors of Guangxi Zhuang Autonomous Region and Gansu Province, Ms Ding Xiangqun and Mr Zhang Shizhen will also be delivering speeches at the forum.

Besides speakers from the public sector, members of the business sector will also join our panel sessions, including Chairman of Kerry Logistics, Mr George Yeo; President Director of PT. AKR Corporindo Tbk Indonesia, Mr Haryanto Adikoesoemo; Executive Chairman of Banyan Tree Holdings, Mr Ho Kwon Ping; Vice President and Corporate Secretary of Asian Infrastructure Investment Bank, Sir Danny Alexander; Founder and CEO of Hinounou, Mr Charles Bark; Co-founder of Baidu, Mr Lei Ming; and CEO of Ninja Van, Mr Lai Chang Wen.

Chairman of Business China, Mr Lee Yi Shyan said, “Through this flagship forum, Business China aims to bring together leaders and talents to ideate and discuss strategies to promote bilateral and regional economic cooperation among Singapore, China, and ASEAN.”

SBF Chairman Mr S.S. Teo said, “SBF is pleased to partner Business China to organise the FutureChina Global Forum and Singapore Regional Business Forum. This special joint forum reflects the common goals of SBF and Business China to promote regional collaboration and connectivity through innovation. The past SRBFs and FCGFs were strongly supported and well-received by the regional business communities. With the collective efforts of SBF and Business China this year, we hope our combined special forum offers a greater platform for regional business leaders, academia, and government officials to network and discuss key global and regional issues.”

Business China will also be launching the following two new initiatives:
  • Singapore-China Open Innovation Platform 
This open innovation platform aims to promote collaboration, connect nodes of innovation technology among Singapore, key Chinese cities and ASEAN. Founding members from Singapore, such as AIRmaker, Action Community for Entrepreneurship, Business China, NTUitive, and Chinese partners, will pull in their network and resources for local startups, promoting technology and innovation exchange through technology collaboration.

  • FutureChina Regional Executive Programme
This programme leverages Singapore’s position in ASEAN and understanding of China to cement our relevance and strategic importance to the region. It aims to add value to Singapore businesses by offering tangible business opportunities available along the Belt and Road such as, partnering Chinese companies to venture into ASEAN and offering trusted 3rd party professional services. Partnering with Infrastructure Asia, National University of Singapore’s SCALE, Human Capital Singapore, YCH Group, SCALA, and Rajah & Tann, the programme will provide a platform to bring together different stakeholders from Singapore, China and ASEAN to (1) network and share information & real opportunities and (2) develop the human capital of stakeholders in preparation for their pursuits in the Belt and Road.

At the Forum, Business China will also be signing several MOUs on providing internship opportunities for young Singaporeans, promoting people-to-people exchange between Singapore and China. MOU partners include the Bank of China and Singapore technology-focused companies such as Jing King Tech Holdings, Four Media Pte Ltd and Kewo Education Centre Pte Ltd. These partners will offer young Singaporeans internship places in their offices in China, thereby providing invaluable opportunities for these young Singaporeans to learn more about the Chinese living and working culture.

One of the MOUs is an initiative with Bank of China Singapore, to provide young Singaporeans internship opportunities in Bank of China Singapore’s offices in Singapore and its headquarters in Beijing.

Another would be a MOU signed with the China-Singapore (Chongqing) Demonstration Initiative on Strategic Connectivity Think Tank (CCITT), to promote innovation and exchanges between Singapore and China. This programme will provide internship opportunities for young Singaporeans for six months to one year.

Another highlight of the Forum is the launch of the SBF Infrastructure Committee, a private-sector led initiative to bring together the Singapore business community and foster capabilities in key sectors. The Committee aims to build a well-functioning infrastructure ecosystem to help Singapore companies seize regional infrastructural opportunities. Serving as Founding Chairman is Mr Pek Lian Guan, Vice Chairman of SBF and Executive Director and CEO of Tiong Seng Holdings, who will be joined by 14 key stakeholders from infrastructure sectors in Singapore.

Also unveiled at the Forum are the 21 founding member companies of the BRI Connect, an online and offline platform established by SBF and China Enterprises Association to connect relevant parties and facilitate the implementation of BRI projects in Singapore, China and countries along the Belt and Road. The founding member companies from a broad spectrum of sectors and provide a comprehensive value chain, domain knowledge, project experience and consultancy services to BRI. They represent finance and banking, infrastructure project management, legal and mediation, facility management and risk management, communications, amongst others.

FCGF® & SRBF® 2018 also features a dedicated segment on the commercial opportunities in the Southern Transport Corridor organised by Singapore’s Ministry of Trade and Industry, Enterprise Singapore and the Ministry of Commerce of the People's Republic of China, Business China and SBF.

FCGF® & SRBF® 2018 has received strong support from the Singapore Government, in particular from Ministry of Trade and Industry (MTI), Enterprise Singapore (ESG); the Chinese Embassy in Singapore; trade associations and chambers, and the business communities in Singapore, China and the region, namely Temasek, Bank of China (BOC), Oversea-Chinese Banking Corporation (OCBC), China Construction Bank (CCB), Ascendas-Singbridge (ASB), China International Capital Corporation (CICC), China Telcom, Qingjian Group (CNQC), Industrial and Commercial Bank of China (ICBC), Keppel, PIL, PSA Singapore, Enterprise Singapore, Singapore Chinese Chamber of Commerce and Industry (SCCCI) and China Enterprises Association (Singapore) (CEA).


Opening Address by Deputy Prime Minister & Coordinating Minister for National Security Mr Teo Chee Hean

Welcome Remarks by SBF Chairman Mr S.S. Teo

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