The China-Singapore Land-Sea Trade Corridor has covered 304 ports in 106 countries and regions around the world, better connecting the Silk Road Economic Belt and the 21st Century Maritime Silk Road. Fully promote the construction of the “New Land-Sea Corridor” of the China-Singapore interconnection project, which will encourage more countries to participate in joint construction at the regional level, optimize the channel network layout and key logistics hub functions, provide convenient and efficient transfer and supporting services, and promote the efficient operation of the channel.

On October 12, the Sino-Singapore Connectivity Project Cooperation Meeting of "Chongqing Trip of Singapore's Well-known Enterprises in China" was held at the Raffles Hotel in Yuzhong District, Chongqing. Both Chongqing and Singapore jointly announced the first of the China-Singapore (Chongqing) Strategic Connectivity Demonstration Project. A master development plan (2021-2025). It is planned that by 2025, the China-Singapore interconnection project cooperation model will become more mature, the field will continue to expand, and a number of visual results have been formed. The trilateral cooperation has achieved initial results, helping Chongqing to become a leading regional interconnection and modern service economic center in western China.

Zeng Jinghua, director of the Chongqing Sino-Singapore Demonstration Project Management Bureau, introduced that the two parties intend to build the Sino-Singapore interconnection project into a regional cooperation strategic service platform, a modern interconnection development platform, a modern service economy demonstration platform, a policy mechanism innovation promotion platform, and reform and opening up exploration. Practicing platform to promote the project to become a landmark project of the cooperation between the two governments of China and New Zealand, a new bright spot for China and New Zealand to jointly build the Belt and Road Initiative, a high-level open platform for promoting the construction of Chongqing’s inland open highlands, and boosting the twin-city economy in the Chengdu-Chongqing region An important support for the construction of the circle, to make useful explorations for accelerating the construction of a new development pattern.

Chen Ruhai, Director of the China-Singapore Connectivity Project Office of the Ministry of Trade and Industry of Singapore, pointed out that based on the goal of promoting the innovation of China-Singapore interconnection projects and promoting growth, the two sides have formulated the four key areas of financial services, aviation industry, transportation and logistics, and information and communication. A joint development project was established, with a view to replicating the project in western China to promote regional development. Both parties will work hard to create an ecological environment that supports innovation, so that the China-Singapore interconnection project can fully realize its potential.

Upgrade the construction of open channels to drive openness

This plan aims to implement the "five links" and consolidate the construction of the five major channels in an all-round way. Fully promote the construction of the “New Land-Sea Corridor” of the China-Singapore interconnection project, which will encourage more countries to participate in joint construction at the regional level, optimize the channel network layout and key logistics hub functions, provide convenient and efficient transfer and supporting services, and promote the efficient operation of the channel.

Broaden the Sino-Singapore cross-border financing channels, through cross-border commercial loans, cross-border financial leasing, cross-border business trusts, cross-border real estate investment trusts (REITs) and other financing tools, to meet the diversified cross-border financing needs of Chongqing and western enterprises, and basically achieve Comprehensive coverage in western provinces, autonomous regions and municipalities. Strengthen the performance construction of the Sino-Singapore International Data Channel, and promote the application and promotion of the Sino-Singapore International Data Channel in the Chengdu-Chongqing Double City Economic Circle, Western China and ASEAN countries. Strengthen the Chongqing-Xinjiang air transportation channel and create a "dumbbell-shaped" double hub with Chongqing Jiangbei International Airport and Singapore Changi Airport as the two poles. Establish a channel for talent cultivation in Chongqing and Singapore, promote the capacity building of public servants in Chongqing and Singapore, vocational education and training, establish educational partnerships, strengthen joint training of high-level talents, and promote mutual tolerance, mutual learning and exchange of talents between the two sides.

Key demonstration projects are more important to take the lead in opening up

Guided by market-oriented operation, the plan will highlight the leading and open role of key demonstration projects in the four major areas. In the field of financial services, it will support the international development of legal person financial institutions in Chongqing, build a China-Singapore financial resource gathering platform, improve the open system of financial institutions, and enhance the brand influence of the China-Singapore Financial Summit. In the aviation industry, speed up the construction of the Sino-Singapore (Chongqing) International Aviation Logistics Demonstration Zone, and actively promote the integrated development of the "aviation + tourism" industry.

In the field of transportation and logistics, the Sino-Singapore (Chongqing) Multimodal Transport Demonstration Base will be jointly transformed into a multimodal transport integrated transportation hub and logistics trade distribution center. Relying on the pilot project of Sino-Singapore Customs inter-customs cooperation, the level of trade facilitation will be further improved. Strengthen the docking of the Chongqing-Xinjiang “Single Window” pilot program, promote the dynamic sharing of containers between the two places, and realize the visualization of the entire logistics process. In the field of information and communication, the China-Singapore International Data Channel Forum will be held regularly to encourage Chongqing enterprises to actively participate in the Asian Science and Technology Exhibition. The Sino-Singapore (Chongqing) Big Data Intelligent Industry Demonstration Base was launched in the Xiantao Data Valley in advance to continue to promote the innovative application of Sino-Singapore International Data Channel.

Three major innovations enhance the level of system openness

Based on policy communication, the plan focuses on improving the three innovative capabilities of the China-Singapore interconnection project, and promotes Chongqing's construction of an inland open highland. Enhance innovation in financial services, explore and promote the transfer of non-performing assets and trade financing assets by financial institutions of China and Singapore. Jointly strengthen cooperation in the field of green finance, explore the seamless exchange of trade documents, and gradually realize the electronic pilot program of digital bills of lading and other negotiable instruments. Improve transportation and logistics innovation, explore and formulate international multimodal transport standard systems and integrated multimodal transport service rules, and strengthen the system docking and standardization of water, air, rail, and public transport in terms of cargo handover, contract waybills, information sharing, etc. . Enhance the innovation of information and communication, explore and carry out pilot projects for the security assessment of personal and business information outbound, and accelerate the pilot paperless cross-border trade and trade financing led by enterprises.

Three emerging areas promote the construction of "two highs"

To help Chongqing achieve high-quality development and create a high-quality life "two highs" goals, Yuxin actively expands new areas of cooperation. Promote the China-Singapore (Chongqing) agricultural cooperation plan. Yuxin will jointly explore the establishment of integrated overseas production and sales demonstration bases and industrial parks for Southeast Asian countries, explore the provision of inspection, verification, testing and tracking services for agricultural products and food entering China, and promote agricultural products The food meets the food and safety standards for entry into China.

To deepen cooperation in the field of cultural tourism, Yuxin will promote new breakthroughs in the humanities exchange mechanism between China and Singapore, and promote the protection and activation of Chongqing's cultural heritage. To carry out international exchanges and cooperation in scientific research, the two parties will jointly build a Sino-Singapore International Collaborative Innovation Center for Science and Technology to promote the two-way flow of scientific and technological elements.

Expand a new space for win-win situation and promote the "double cycle"

In terms of promoting domestic circulation, the plan will focus on the construction of the Chengdu-Chongqing region's dual-city economic circle, and drive the formation of a new pattern of development and opening up in western China. Yuxin will promote the coordinated development of the financial sector in western China, build a demonstration base for the international service industry in western China, and enhance the radiating function of Chongqing's inland international logistics hub. Introduce Singaporean digital technology companies and Chongqing companies to carry out joint innovative application research and development to serve the intelligent development of enterprises in western China.

The China-Singapore interconnection project will promote green finance cooperation through cooperation and joint construction, and continue to expand cross-border financing channels. In terms of promoting international circulation, Yuxin will explore third-party market cooperation as the direction to expand "face-to-face" cooperation between Western China and Southeast Asia. Develop new space. Including the launching of a pilot project for the overseas investment business of RMB funds, exploring the development of the exchange business between RMB and multiple foreign currencies, co-building overseas distribution centers and industrial parks, and launching a number of supply chain and industrial chain projects. Editor/Xu Shengpeng