The Singapore Business Federation (SBF) has spearheaded a delegation of prominent Singaporean enterprises at the 22nd China-ASEAN Expo (CAEXPO) in Nanning, China. The event, themed “Digital Intelligence and Innovation Empower Development,” underscores the critical role of technology and innovation in fostering regional growth and economic collaboration.
Senior Minister of State for Trade and Industry Low Yen Ling inaugurated the Singapore Pavilions, featuring 25 exhibitors, including 10 newcomers. These exhibitors showcased a wide array of products and services, spanning food, healthcare, education, and technology. Notable participants included DBS Bank, Grab, Pacific International Lines, and the Port of Singapore Authority (PSA).
The Expo coincides with the 35th anniversary of diplomatic relations between Singapore and China, celebrated through events like the Singapore Day Seminar and Singapore-China Friendship Night. These gatherings reaffirm the nations’ commitment to deepening bilateral ties.
SBF Chairman S. S. Teo highlighted the significance of the upgraded China-ASEAN Free Trade Area (FTA) 3.0 framework, stating, “With FTA 3.0 opening new doors for cooperation, Singapore businesses are well positioned to play a leading role in digital transformation, green growth, and innovation-led partnerships.”
Singaporean business leaders are also engaging in high-level forums alongside ASEAN and Chinese counterparts, discussing topics such as the China-Singapore Free Trade Agreement (CSFTA), the Regional Comprehensive Economic Partnership (RCEP), and supply chain resilience.
The Expo serves as a platform for Singapore to demonstrate its capabilities as a trusted partner in sustainable and tech-enabled growth, fostering strategic collaborations that enhance global competitiveness.