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OCBC accelerates China-ASEAN trade with new partnership

OCBC has announced a strategic partnership with the Singapore Chinese Chamber of Commerce & Industry (SCCCI) and the China Chamber of Commerce for Import and Export of Machinery and Electronic Products (CCCME) to accelerate cross-border trade, investment, and financial flows between Greater China and ASEAN. This collaboration, signed on 28 May 2026 at the Conference on International Industrial Cooperation, aligns with OCBC’s corporate strategy, The Next Frontier, which focuses on capturing ASEAN-Greater China trade and investment flows.

The partnership leverages CCCME’s network of over 10,000 Chinese enterprises, SCCCI’s regional business connections, and OCBC’s strong ASEAN presence and financial capabilities. In 2025, OCBC supported a 50% increase in new Chinese companies establishing a presence in ASEAN, highlighting the growing momentum in intra-Asia flows.

The collaboration aims to support SMEs and mid-sized corporates in accessing cross-border opportunities, focusing on sectors such as green development, digitalisation, and advanced manufacturing. A joint coordination group will be established to ensure sustained momentum and tangible outcomes.

Roy Tan, Head of Enterprise Banking International at OCBC, stated, “Partnering with CCCME and SCCCI enables us to deliver a more targeted and holistic proposition that addresses market access, business matching, and providing on-ground ecosystem support combined with integrated financing solutions.”

Additionally, the Singapore Investment Guide 2026/2027 was unveiled at the conference. Developed by SCCCI with contributions from OCBC, the guide aims to simplify the market entry process for foreign companies in Singapore and ASEAN, amidst Singapore’s strengthening as a global innovation hub and China’s increasing openness.

This story was selected and published by a human editor, with content adapted from original press material using AI tools. Spot an error? Report it here.

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