Ambassador: Shandong, Singapore enjoy huge cooperation potential
4 years, 3 months ago

Ambassador: Shandong, Singapore enjoy huge cooperation potential

China Daily  

"Shandong and Singapore enjoy close ties in many areas, and there is still much room to grow the relationship," said Hong Xiaoyong, the Chinese Ambassador to Singapore. Hong Xiaoyong, Chinese Ambassador to Singapore Official statistics showed that Singapore is the second largest source of foreign investment in Shandong. In 2019, the import and export volume between the two sides reached $2.58 billion, while actual foreign investment from Singapore hit $750 million, up 189.4 percent year-on-year. He mentioned that many Shandong companies are listed in Singapore, and this year the city of Zibo in Shandong also opened a representative office in Singapore, demonstrating its willingness to further promote cooperation.

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