|
![]() |
||||||||||||||||||||||||||||||||||||||||||||||||||||||
ASEAN PROFILES ASEAN KEY DESTINATIONS ![]()
|
Home >> Daily News >> Singapore >>Ties >> Singapore, Shanghai ink 4 agreements to boost services sector
Singapore, Shanghai ink 4 agreements to boost services sector SINGAPORE: The Republic and the city of Shanghai, China on Wednesday (May 13) signed four agreements to strengthen the services sector, particularly in healthcare, education and media services. The International Enterprise Singapore (IE Singapore) and the Shanghai Municipal Commission of Commerce inked an agreement that signals closer ties between both governments. It includes promoting trade in services as well as exploring collaboration in trade, finance, insurance, education, environmental services and smart city developments, according to the IE Singapore press release. On the business front, Raffles Medical Group is partnering Shanghai New Bund International Business District Investment Group in setting up a 400-bed integrated international hospital in Shanghai Qiantian. EtonHouse Education Group also signed an agreement to establish its third international preschool in Shanghai at the Shanghai Hongqiao Vanke Business Centre, which is scheduled to open in September 2016. It will cater to 200 students ranging from 18 months to 6 years, IE Singapore said. Singapore-owned MyChina Channel is also collaborating with China Business Network to distribute the latter's media programmes in the region, the press release said. Trade and Industry Minister Lim Hng Kiang and Shanghai Mayor Yang Xiong witnessed the signings on Wednesday. This is Mr Yang's first visit to Singapore. Bilateral trade between Singapore and Shanghai increased 5.6 per cent year-on-year to reach US$2.8 billion last year. Singapore's investments into Shanghai grew 78.1 per cent year-on-year to US$2.19 billion in 2014, IE Singapore said.
Letters that do not contain full contact information cannot be published. Letters become the property of AseanAffairs and may be republished in any format. They typically run 150 words or less and may be edited or submit your comment in the box below
|
|
||||||||||||||||||||||||||||||||||||||||||||||||||||
Home | About Us | Contact Us | Special Feature | Features | News | Magazine | Events | TV | Press Release | Advertise With us | Terms of Use | Site Map | Privacy Policy | DISCLAIMER |
|
||||||||||||||||||||||||||||||||||||||||||||||||||||||