All-round cooperation to deepen bet365 apuestas-Singapore partnership
January 14, 2021 09:22 Source: "bet365 apuestas Social Sciences Journal" January 14, 2021 Issue 2090 Author: Zhang Yihui

China and Singapore are geographically close、Cultural connectivity,Has unique advantages in carrying out economic, trade and people-to-people exchanges。Although Singapore is small,But as one of the founding members of ASEAN,Plays an important role in regional affairs。With the rapid development of China’s economy,Singapore also hopes to catch up with China’s rapid economic development,There is great potential for economic cooperation between China and bet365 apuestas Zealand。

  Work together to fight the bet365 apuestas Building a community with a shared future for mankind

 2020,A sudden bet365 apuestas coronavirus pneumonia epidemic,Let people more truly feel the importance of a shared destiny for mankind、Urgency。Viruses respect no borders、Regardless of race,Only if all mankind works together,Only can we win in battle。In today’s world of globalization,No country can “live alone”。The bet365 apuestas coronavirus epidemic has proven again,The correctness of the concept of jointly building a "community with a shared future for mankind" mentioned by President Xi Jinping。July 14, 2020,President Xi Jinping congratulated the People's Action Party led by Lee Hsien Loong on winning the Singapore election again during a phone call with Singapore Prime Minister Lee Hsien Loong,At the same time, China will continue to provide firm support to bet365 apuestas Zealand,Hope Singapore can overcome the epidemic as soon as possible,Restore economic and social vitality。

Since the outbreak,The Chinese and bet365 apuestas Zealand governments and all walks of life provide mutual assistance,Watch and help each other。In the early stages of the epidemic,To help China fight the bet365 apuestas coronavirus epidemic,Singapore immediately provided 20,000 virus test kits to China in February 2020,Also includes goggles、N95 mask、More than 2 tons of medical equipment and supplies such as medical hand sanitizer。Singapore Red Cross、Chinese General Chamber of Commerce and other private organizations also actively donate money and materials,Provided supplies worth more than 50 million yuan to China。After the outbreak in Singapore,Chinese Government、The Red Cross Society of China donated 500,000 disposable medical masks to Singapore、100,000 KN95 masks and 20,000 N95 masks,It is China’s material support for Singapore’s fight against the epidemic,Also represents China’s best wishes for Singapore to overcome the epidemic as soon as possible。

After the epidemic stabilizes,The two countries took the lead in establishing a "fast track" for necessary personnel exchanges,Work together to promote smooth regional supply chain industry chain。Anti-epidemic cooperation has become a new highlight in bet365 apuestas,Once again reflects the forward-looking relationship between the two countries、Strategic、Exemplary,It also adds important connotation to the all-round cooperative partnership between China and New Zealand。By strengthening anti-epidemic cooperation,While ensuring the life safety and health of citizens of the other country,The opening of the “fast lane” speeds up the resumption of work and production in both countries,Promote economic development of both countries,Played an important role。China and New Zealand also agreed to jointly fight the epidemic and carry out public health cooperation,Included in the agenda of the China-New Zealand Joint Committee on Bilateral Cooperation。In COVID-19 Treatment、Carry out cooperation and exchanges in vaccine research and development and drugs。China and New Zealand uphold the concept of a community with a shared future for mankind,Support the international community’s solidarity in fighting the epidemic,Support WHO to play a better role,Work together to build a human health community。Both sides strive to quickly defeat the new coronavirus epidemic,Make due contribution to restoring regional economic vitality。

  Joining the Belt and Road Initiative Comprehensively enhance bilateral economic bet365 apuestas

All the time,Singapore firmly supports the “One Belt, One Road” initiative。Singapore is not only one of the first countries to support China’s “Belt and Road” construction,It is also an important node country in the bet365 apuestas Western Land-Sea Corridor,And get deeply involved。To 2020,China has become Singapore’s largest trading partner for six consecutive years,Singapore also continues to be China’s largest source of foreign investment。First quarter of 2020,ASEAN replaced the EU for the first time,Become China’s number one export destination,Singapore is the most important trade hub in ASEAN。

Singapore’s economy is highly dependent on the international market,Most of the food and other daily necessities are imported,The epidemic has had a great impact on Singapore’s economy and people’s lives。According to Singapore government estimates,Singapore’s GDP may shrink by 5%-7% in 2020,The growth of the past two to three years has been wiped out due to the bet365 apuestas crown pneumonia epidemic。If the epidemic continues,Then the impact on Singapore’s economy and society will be difficult to estimate。China and bet365 apuestas Zealand work together to respond to the epidemic,Will face important opportunities in economic cooperation。

The superior geographical location and good investment environment make Singapore the first choice destination for Chinese enterprises to “go global”。China’s investment in Singapore increased from 3 in 2007..8 billion to 35 in 2018.USD 500 million,The amount of direct investment increased by 8 in 12 years.92 times。Singapore has actively responded to and aligned with China’s “One Belt, One Road” initiative,Seize the important opportunity of economic ties between the two countries,And become one of the important strategic pivots of the “21st Century Maritime Silk Road”。The bet365 apuestas Land-Sea Trade Corridor has successfully alleviated the impact of the COVID-19 epidemic,Become a bet365 apuestas trade channel connecting Southeast Asia and western China,Strengthened the resilience of bilateral trade routes and supply chains,Promoted food、Smooth flow of medical supplies and other necessities,Thus steadily promoting the resumption of work and production to fight the epidemic,Providing strong support to promote economic recovery and development。

Although China is Singapore’s largest trading partner,But investment in Singapore has a lot of room for growth。China’s investment in Singapore in 2018 was only 35.USD 500 million,The US investment in Singapore is US8.8 billion,The amount of U.S. investment in Singapore exceeds 20% of Singapore’s total foreign investment,China is less than 4%。Same,Singapore’s investment in the United States in 2018 was US.2 billion,Investment in China is 52.USD 100 million。In terms of cumulative investment,The United States has invested more than 2 trillion US dollars in Singapore,China’s investment in Singapore has only picked up in the past 10 years,The total amount is less than 40 billion US dollars,There is still a big gap with the United States。With the deepening of economic cooperation between China and bet365 apuestas Zealand,China and Singapore still have great potential to be tapped in bilateral investment。

Facing profound changes in the international situation,China will continue to expand reform and opening up,Improving the business environment。China will continue to build the “Belt and Road” with many countries including Singapore,Improve the function of “bet365 apuestas Land-Sea Corridor”。China will provide a good environment and market convenience for Singaporean companies to invest in China,We will also work with Singapore to safeguard free and open trade,Ensure smooth regional supply chain industry chain,Actively carry out third-party economic cooperation。

  China embarks on a bet365 apuestas journey of development China-Singapore cooperation faces bet365 apuestas opportunities

Over the past 30 years,bet365 apuestas cooperation keeps pace with the times、Comprehensive development。Singapore gives full play to its own advantages and expertise,Deeply involved in the construction of China’s economy,Suzhou Industrial Park、Sino-Singapore Tianjin Eco-City、Chongqing Strategic Interconnection Project and Guangzhou Knowledge City have both been successful,Become a model project for bet365 apuestas cooperation,Having a good demonstration effect,Achieved huge economic and social benefits。

The Fifth Plenary Session of the 19th CPC Central Committee held in October 2020,It also sets long-term goals for China’s development in 2035。China’s economy has moved from a stage of rapid growth to a stage of high-quality development。The central government proposed to build a domestic circulation as the main body、A bet365 apuestas development pattern in which domestic and international dual cycles promote each other,All walks of life in Singapore have also paid great attention to this。Singapore’s Deputy Prime Minister Heng Swee Keat and Minister of Trade and Industry Chan Chun Sing both believe that China-Singapore economic cooperation will enter a bet365 apuestas stage of development。Wang Ruijie affirms that China’s “dual circulation” economic strategy will bring bet365 apuestas opportunities for bilateral cooperation。He also proposed Singapore as a regional trade、Financial and Logistics Hub,Promoting goods between China and around the world、Financial and investment transactions and partnerships,Become a key partner in China’s “external circulation” strategy。In addition,Singapore will also continue to work hand in hand with China to build bridges,Strengthening ties with ASEAN countries。

The world economy is currently facing a long period of recovery from the epidemic,During this period,China has begun to further promote the construction of free trade pilot zones and free trade ports,Promote domestic market expansion,Provide larger markets and development opportunities for countries around the world。Facing the requirements for rapid economic recovery after the epidemic,China and bet365 apuestas Zealand are facing bet365 apuestas cooperation opportunities,We can further strengthen cooperation in the following aspects in the future。

First, in terms of local economic cooperation,Sino-Singapore local cooperation will play a more important role in the future docking of the development strategies of the two countries。Although affected by the bet365 apuestas coronavirus epidemic,However, the enthusiasm for local cooperation between China and bet365 apuestas Zealand remains undiminished。China and Singapore are actively promoting smart city cooperation between Shenzhen and Singapore、While the Sino-Singapore Guangzhou Knowledge City project is under construction,Focus on innovation-driven development,Promote technological innovation、Industrial Incubation、Talent training,Support the two countries to jointly pursue a path of high-quality development。At the China-Singapore Joint Committee on Bilateral Cooperation (JCBC) held in December 2020,China welcomes Singapore’s continued participation in China’s coordinated regional development strategy,In-depth discussion on the Beijing-Tianjin-Hebei Economic Circle、Yangtze River Economic Belt、Guangdong-Hong Kong-Macao Greater Bay Area、Chengdu-Chongqing Economic Circle and Hainan Free Trade Port Cooperation。

The second is in terms of business and cultural exchanges,Both countries still have vast room for development。2019,The number of Chinese tourists to Singapore reaches 1.17 million,Accounting for 11% of foreign tourists in Singapore。Currently,There are about 80,000 Chinese students in Singapore,Leading the list of the total number of foreign students studying in Singapore。In the United States、Australia、After Britain and other Western countries tightened visa requirements for Chinese students,Singapore will be one of the main destinations for Chinese students studying abroad。There is also a lot of room for growth for Singaporean students to study in China,With the opening up of China’s education market and the rise in university rankings,In the future, more and more Singaporean students will go to China to study and find employment。In recent years,With the acceleration of economic and trade cooperation between China and bet365 apuestas Zealand,Frequent exchanges between business personnel from both sides。I believe that as the bet365 apuestas coronavirus epidemic gradually subsides,Business exchanges between China and bet365 apuestas Zealand will further develop。

The third is in smart cities、Cross-border e-commerce、5G Network、Cooperation in biomedical technology and other fields。Both China and bet365 apuestas Zealand have formulated their own science and technology development plans,Connection can be achieved in some key scientific and technological fields。For example,In the development of bet365 apuestas coronavirus vaccines and the treatment of bet365 apuestas coronavirus pneumonia,China and bet365 apuestas Zealand have already conducted in-depth cooperation,Remarkable results。The epidemic has given rise to and enhanced the digitalization of life services、Online Education、Artificial Intelligence、5G network applications and many other bet365 apuestas business formats,Driving changes in production and lifestyle,It will also become a bet365 apuestas driving force for the high-quality development of China and bet365 apuestas Zealand。China and Singapore have mutual advantages in relevant fields,Can actively explore cooperation,And integrating bet365 apuestas business formats with traditional industries、Innovative cooperation in promoting bet365 apuestas models and other aspects。

In short,After more than 30 years of development,bet365 apuestas are becoming more and more mature,There is also a lot of room for development。The two countries have close high-level exchanges,There is also a regular meeting mechanism of the China-Singapore Joint Committee on Bilateral Cooperation (JCBC),A council cooperation mechanism has also been established at the local level。Although due to the epidemic,The mutual visits between China and New Zealand have been affected to a certain extent,But bet365 apuestas will stand at a new historical starting point,Focus on development opportunities in the “post-epidemic era”,Raise China-New Zealand economic cooperation relations to a new level of development。

 (Author’s affiliation: Institute of Asia-Pacific and Global Strategy, bet365 apuestas Academy of Social Sciences)

Editor: Chen Jing
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