On December 22nd, the 15th meeting of the Zhejiang New Economic and Trade Council was held in Hangzhou. The meeting adopted a combination of online and offline activities, as well as interactive activities between Hangzhou and Singapore. Vice Governor of Zhejiang Province, Zhu Congjiu, and Senior Minister of State for Development and Communications and Information of Singapore, Shen Ying, attended and delivered speeches. Director Sheng Qiuping and Deputy Director Wang Jian of the Department of Commerce of Zhejiang Province attended. More than 180 government departments, pilot free trade zones, investment and trade promotion agencies, and enterprise representatives from Zhejiang and Singapore attended the meeting. Before the meeting, Vice Governor Zhu Congjiu had a brief meeting with Senior Minister of State Affairs Shen Ying.
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Zhu Congjiu pointed out that since its establishment 17 years ago, the Council has played an important role in promoting trade exchanges and cooperation between Zhejiang and Singapore. The two sides have seen continuous growth in foreign trade, further expansion of cooperation areas, and increasingly close cooperation relations. Zhu Congjiu emphasized that this year marks the 30th anniversary of the establishment of diplomatic relations between China and Singapore. Standing at a new historical starting point, the two secretaries of the Zhejiang Singapore Council should deepen their planning and vision, continue to improve existing mechanisms, continuously consolidate the foundation of cooperation, strengthen practical cooperation in sustainable urban management, trade connectivity, free trade pilot zone construction, digital economy, logistics, education, and other areas, and promote Zhejiang Singapore cooperation to a higher level and wider range.
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Director Sheng Qiuping emphasized the expansion of the Zhejiang Pilot Free Trade Zone and proposed to the new party to cooperate in building the China Singapore Hangzhou Future Digital City, smooth the new international trade channel between China and Singapore, and enhance the international business environment between the two regions. Representatives from the Provincial Development and Reform Commission, Singapore International Electronic Trade GeTS Company, and the head of the Infrastructure Department of the Singapore Enterprise Development Authority exchanged speeches on trade, connectivity, and sustainable urban development.
Shen Ying stated that despite the impact of the epidemic this year, the two sides of New Zhejiang still maintain close contact, and the momentum of bilateral economic and trade investment is good, demonstrating the resilience and potential of the New Zhejiang cooperation relationship. While promoting domestic and international dual circulation, Yangtze River Delta integration, and the development of the Zhejiang Pilot Free Trade Zone, Zhejiang and Singapore should focus on areas such as trade and connectivity, bilateral innovation and exchange, and sustainable urban management, strengthen exchanges and learning, and contribute to bilateral cooperation between Singapore and China.
At the meeting, a memorandum of understanding on the 2020 Zhejiang New Council Special Working Group was re signed, and off-site signing was carried out for 7 projects. The newly signed memorandum will focus on three areas of cooperation: trade and connectivity, bilateral innovation cooperation and exchange, and sustainable urban management.