169 COOPERATION PROJECTS INKED

The Langzhou-Chongqing Railway, a project under the China-Singapore (Chongqing)Demonstration Initiative on Strategic Connectivity, opens for service on September 29, 2017.

A total of 169 cooperation projects have been inked under the framework of a China-Singapore connectivity initiative.

The value of the projects exceeded US$26.3 billion by the end of April,revealed Han Baochang, head of the management bureau of the China-Singapore (Chongqing) Demonstration Initiative on Strategic Connectivity,at the West China International Fair for Investment and Trade.

Cooperation is mainly spread throughout four major areas: financial services, air transportation, logistics and information and communications technologies, Han said.

The China-Singapore (Chongqing) Demonstration Initiative on Strategic Connectivity aims to conduct pilot cooperation in various fields. It is the third cooperation initiative between China and Singapore following Suzhou Industrial Park built in eastern China’s Jiangsu Province in 1994 and Tianjin Eco-city, which opened in 2008 in northern China.