Established in 1994, the SIP is one of the most competitive industrial parks in China, consistently ranking highly amongst China’s Economic and Technological Development Zones. It boasts a modern township for residents to work, live and play.
A hallmark of Singapore-China bilateral relations, the SIP will continue to be a platform for both countries to pilot new areas of collaboration. Bilateral cooperation in the SIP moves beyond economic development and investment promotion to include promoting innovation and entrepreneurship, and deepening people-to-people exchanges to generate new areas of cooperation.
In collaboration with the SIP Administrative Committee, A*STAR set up and launched its first overseas accelerator, the A*STAR Partners’ Centre (A*PC), in SIP on 18 November 2020. To date, more than 20 companies have signed up with this accelerator.
A*PC serves as a launchpad for Singapore companies and offers funding and infrastructure support for their expansion and R&D productisation journey in China. A*PC is strategically placed for firms in sectors such as the biomedical science, nanotechnology, and advanced manufacturing space to capture opportunities in Jiangsu and the greater Yangtze River Delta region.
Companies will be able to tap on available funding and leverage A*STAR’s scientific expertise and capabilities to establish a presence in Suzhou.
Since 2007, the SJCC has deepened Singapore’s economic engagement with Jiangsu, creating bilateral trade and investment opportunities. Over the years, the key areas of cooperation under the SJCC have constantly evolved to keep pace with mutual developmental needs.
Indranee Rajah, Minister in the Prime Minister’s Office and Second Minister for Finance and National Development, and Xu Kunlin, Jiangsu Acting Governor, are the Co-Chairmen of the Council.
The SSCCC was established in April 2019 and aims to deepen bilateral cooperation between Singapore and Shanghai and enhance connectivity between both markets. It is Shanghai’s first comprehensive institutionalised platform with a foreign country.
Minister for Finance Lawrence Wong and Mayor of the Shanghai Municipal People’s Government Gong Zheng are the Co-Chairmen of the Council.
The SZETC was established on 18 November 2003. The Council aims to promote economic exchanges and cooperation between Zhejiang Province and Singapore.
Sim Ann, Senior Minister of State for National Development and Foreign Affairs, and Zhu Congjiu, Zhejiang Vice-Governor, are the Co-Chairmen of the Council.
The SNCP was established in 2012. It was the first municipal-level panel between Singapore and a Chinese city. This platform helps to advance Singapore and Nanjing’s cooperation in areas such as trade and investment, innovation and cultural exchanges.
Dr Koh Poh Koon, Senior Minister of State for Health and Manpower and Acting Nanjing Mayor Xia Xinmin are the Co-Chairmen of the panel.