Tag Archive for: Chongqing Connectivity Initiative

28 May 2024, Singapore – Organized by the China-Singapore (Chongqing) Demonstration Initiative on Strategic Connectivity (CCI) and co-hosted by WiseNet Asia, the seminar titled “Forging Ahead: Charting Sino-Singapore Business Opportunities in Chongqing” successfully concluded in Singapore. The event aimed to facilitate collaborations between Singaporean and Chinese enterprises through the inland route of Chongqing, attracting participation from leading companies in both regions.

The China-Singapore (Chongqing) Demonstration Initiative on Strategic Connectivity was led by Mr. Sun Xiyong, Deputy Director of CCIB (中新示范项目管理局孙熙勇副局长). The event saw participation from industry leaders representing 20 companies from Chongqing and 20 companies from Singapore. Attendees received presentations on China-Singapore Connectivity Projects and Chongqing’s development advantages, offering data-backed insights into the strategic landscape.

Representatives from key Chongqing enterprises, including Inspur and Sansec, showcased their strategic developments across multiple sectors such as software, information services, and artificial intelligence. Meanwhile, Singaporean participants, including industry heavyweights like Keppel Infrastructure, China Mobile International, and Go Global Gem, shared their expertise and explored potential collaboration avenues.

Throughout the day, networking sessions laid the groundwork for potential cross-border development opportunities. Among the key insights gleaned from the event was the strategic importance of expanding into the ASEAN market for Chinese companies. Data indicated that setting up entities or regional headquarters in Singapore serves as a pragmatic first step, given its strategic location and business-friendly ecosystem. Attendees also gained valuable insights into Singapore’s policies and supporting schemes, with data highlighting their efficacy in facilitating market entry and expansion.

Wesley Hui, Founder of WiseNet Asia, stated, “Singapore is a gateway to helping Chinese companies expand into ASEAN and worldwide due to the policies and supporting schemes available. Additionally, its ‘West meets East’ location helps bridge the cultural gap.”

In summary, the seminar provided a data-driven platform for substantive discussions and collaboration opportunities between Chinese and Singaporean enterprises. As both nations leverage data to inform strategic decisions, events like these serve as catalysts for driving mutual growth and prosperity.

 

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EVENT INFORMATION:

This event aims to facilitate project cooperation between China and Singapore enterprises, with a focus on introducing Chongqing enterprises and promoting business opportunities.

Organizer: China-Singapore (Chongqing) Demonstration Initiative on Strategic Connectivity / 中新(重庆)战略性互联互通示范项目

Co-Organizer: WiseNet Asia Pte Ltd

Seminar Details:

  • Seminar Title: Forging Ahead: Charting Sino-Singapore Business Opportunities in Chongqing
  • Date: May 28, 2024 (Tuesday)
  • Time: 9:00 am – 1:00 pm
  • Location:
    10 Square
    Address: No. 181, Orchard Road, #10-01, Orchard Central,
    Singapore 238896

Objectives of the Event:

  1. Facilitating Business Collaboration: Foster stronger ties between Singaporean and Chongqing enterprises by providing a platform for networking, idea exchange, and potential collaboration opportunities.
  2. Promoting Market Expansion: Raise awareness among Singaporean companies about the business potential and development advantages in Chongqing, encouraging them to explore new markets and investment opportunities.
  3. Enhancing Cross-Border Cooperation: Deepen understanding of the China-Singapore Connectivity Project and facilitate discussions on how Singaporean enterprises can leverage this initiative to expand their presence in the Chinese market.

What Singapore Enterprises Can Gain:

  1. Insight into Chongqing Market Dynamics: Gain valuable insights into the diverse industries and emerging sectors in Chongqing, enabling Singaporean enterprises to identify potential areas for expansion and investment.
  2. Access to Key Decision Makers: Connect with relevant personnel from the Chongqing Connectivity Initiative Bureau and key Chongqing enterprises, providing an opportunity to establish strategic partnerships and explore collaborative projects.
  3. Networking and Knowledge Sharing: Engage in open communication and knowledge sharing sessions with industry peers and experts, fostering meaningful connections and learning from best practices in cross-border business ventures.

Agenda:

9:00-9:15: Guest check-in (presentation of promotional video)

9:15-9:20: Event opening and introduction of guests

9:20-9:30: Guest speeches

9:30-9:45: Presentation on China-Singapore Connectivity Projects and Chongqing’s development advantages

9:45-11:00: Introductions by key Chongqing enterprises

11:00-12:00: Open networking session

12:00-13:00: Working lunch

Find out more:

This is a by-invitation event. If you would like to request an invitation or if you have any inquiries, please do not hesitate to contact us at:

Wesley Hui
G +65 6337 2231 | M +65 9661 9473 | wesley.hui@wisenetasia.com

Chongqing, 22 Nov 2020

The Chongqing Talent Conference was held successfully in Chongqing Yue Lai Convention Center on 21 and 22 Nov.

Chongqing Party Secretary Chen Min’er and Chongqing Municipal Party Committee Deputy Secretary and Mayor Tang Liangzhi graced the opening ceremony.

The two-day conference consists of talent recruitment roadshows, competitions and project co-operation signing particularly in the fields of big data, artificial intelligence, biomedicine, integrated circuits, organized by the various Chongqing district governments.

More than 1,800 talents in areas critical to the development and growth of Chongqing have been attracted to work in Chongqing, including the Chengdu-Chongqing Economic Circle.  In addition, more than 250 entrepreneurial projects and agreements were being signed.

Over 56 million people watched the exhibition through the cloud, and 77 million people watched the conference through a live stream.

WiseNet Asia’s GM (China), Karen Woong attended the event as a special guest.  According to Ms Woong, “Having worked closely with companies under the ‘Singapore-China Chongqing Connectivity Initiative’ and The Belt and Road Initiative, we have built up a huge pool of talent base which will facilitate the projected growth in Western China over the next decade.  WiseNet Asia is committed to talent connectivity between Western China and Singapore, not just in the area of talent attraction (recruitment) but also in other areas such as talent development and internships for young talents.”

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Chongqing, 4 Nov 2019  – The China Singapore (Chongqing) Connectivity Initiative Financial Summit was held in Chongqing with the theme Financial Connectivity along the “Belt and Road” ─ Financial Opening and Innovation to Promote the New International Land Sea Trade Corridor.  The summit was co-hosted by the Ministry of Commerce of the People’s Republic of China, the People’s Bank of China, the China Banking and Insurance Regulatory Commission, the China Securities Regulatory Commission, the State Administration of Foreign Exchange and the Chongqing municipal government, as well as the Ministry of Trade and Industry and the Monetary Authority of Singapore.

More than 1200 government officials and corporate leaders attended the event.  Distinguished guests include Chongqing mayor and deputy secretary of the Municipal Party Committee Tang Liangzhi, Singapore Minister of Education and Monetary Authority of Singapore board member Ong Ye Kung, Monetary Authority of Singapore Managing Director Ravi Menon, People’s Bank of China Vice President and State Administration of Foreign Exchange Director Pan Gongsheng.

Left to right: Mr Wang Xiao Ping, Chairman of the Board, Chongqing Xian Tao Data Valley Investment Management Co Ltd; Ms Karen Woong, GM, WiseNet Asia Chongqing; Mr Xia Xiu Jun, Director of the Talents Office,Yubei District Committee

During the signing ceremony, a memorandum of agreement was signed between WiseNet Asia, Xian Tao Big Data Digital Valley and Yubei District Office to facilitate talents placements in Chongqing.  WiseNet Asia was represented by Ms Karen Woong, GM, WiseNet Asia Chongqing.

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16 May 2019 –  WiseNet Asia participated in the 2nd Western China International Fair for Investment and Trade in Chongqing to present its Belt and Road HR Solutions. This is the largest trade fair in Western China, and a significant event for Chongqing to carry forward it’s trade opening up through global collaborations.  The trade opening up policy is in line with the Belt and Road Initiative for the Western region.

The 3 days event from May 16 to 18 attracted participants from 95 countries, consisting of 4000 companies and 70,000 visitors. A total of 132 projects with investment value of RMB337.53 billion are signed during the event.

 

 

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28 Feb 2019:  WiseNet Asia facilitated a meeting between Chongqing Connectivity Initiative Bureau, China (CCIB) and Singapore Manufacturing Federation (SMF), the aim of the meeting is to create awareness and promote trade in the Southern Transport Corridor to members of SMF.

Chongqing Connectivity Initiative Bureau is represented by Mr Hu Jian Bo, Minister of the Transport & Logistics Promotion Department, CCI.

Singapore Manufacturing Federation is represented by Mr Poh Choon An, Vice President.  Mr Poh is also the Vice Chairman, China and North Asia Business Group, Singapore Business Federation (SBF).  Other attendees from Singapore included Mr Wesley Hui, Executive Director, WiseNet Asia, Mr Chan Fook Seng, Consulting Director, Global Trade Services and several other key figures from each of these entities.

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Left: Mr Hu Jian Bo, Minister of the Transport & Logistics Promotion Department, CCI; Mr Poh Choon An, Vice President, Singapore Manufacturing Federation

The Southern Transport Corridor is an extension of the Chongqing Connectivity Initiative (CCI), the 3rd government-to-government joint project between China and Singapore.  Chongqing is the western hub of the Belt and Road Initiative due to its strategic location that connects the “Silk Road Economic Belt”, “21st Century Maritime Silk” and the “Yangtze River Economic Belt”.

The Southern Transport Corridor is a southward trade route of multimodal rail and sea logistics networks.  The Corridor consist of:
– Chongqing-Guizhou-Guangxi-Singapore rail-sea multi-modal logistics passage
– Southward cross-border road passage via the provinces of Sichuan, Guizhou and Guangxi
Southern Transport Corridor

With Southern Transport Corridor and the Europe bound north west rail route (YuXinOu), Chongqing is well positioned as the logistics hub for the western region.

Most of the members of Singapore Manufacturing Federation have set ups in countries along the Southern Transport Corridor, hence they will benefit from lower cost of goods sent, and reduced shipping time.  SMF currently has 3000 members; SBF have another 5000 members, members from both associations will be alerted on the new network and its opportunities.

As of to date, not many Singapore companies are aware of the Southern Transport Corridor.  When the faster and lower cost transport networks are fully maximized, the benefits are enormous.  Moving forward, WiseNet Asia will assist companies that intend to expand into Southern China through its strength in business matching and talents management.

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12 March 2019 – Representatives from companies that operate in both sides of Chongqing and Singapore met with government officials from the Chongqing Municipal Government to discuss challenges in the course of doing business cross-border. This meeting aims to discuss business issues and possible solutions.

More and more multinationals and SMEs expand their businesses cross-border under the Chongqing Connectivity Initiative (CCI), the third government-to-government project between Singapore and China, which was set up in Nov 2015.  Four priority sectors identified for joint development under CCI are financial services, aviation, transport   and   logistics   and   Information   and   Communications Technology (ICT).

This meeting is hosted by Mr Qi Xiao Feng, Deputy Director, Chongqing Connectivity Initiative Bureau.

Other representatives from Chongqing include Mr Deng Hui Lin, Deputy Mayor of Chongqing Municipal Government; Mr Qi Xiao Feng, CCIB Deputy Director; Mr Pang Li Qiang, Municipal Public Security Bureau Criminal Investigation Corps Political Commissar; Mr He Qiang, Director of Chongqing Public Security, Chengdu Railway Public Security Bureau.  Also in the meeting are representatives from Municipal Government Port Logistics, Municipal Public Security Bureau, CCIB, YuXinOu Railway.

The Singapore based companies in Chongqing that have their representatives present are from WiseNet Asia, YCH Group, City Developments Ltd, Vibrant Group Ltd., Fooyo, Business China, FinTech Association.

The Chongqing based companies in Singapore that have their representatives present are from Chongqing International Trade Group, Zomwork, Xinyi Jimao, Shybuild, Dawn Group, Quanneng Pharmaceutical, Singapore Chinese medicine industry,Rong Teng Technology (Nova), Perfect International School, SECC Holdings, Meridian Industries.

The Singapore companies’ feedback on challenges they are facing in doing business in Chongqing, some of these include work permit validity for 1 year, which can be a hassle to renew yearly.  Other areas where the participants requested for improvements include local corporate governance with better clarity, clearer defined legal protection for overseas companies’ investment and joint ventures.

Wesley & Dep Dir CCIB

From left: Wesley Hui, Executive Director, WiseNet Asia and Qi Xiao Feng, Deputy Director, Chongqing Connectivity Initiative Bureau

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