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Singapore deputy PM optimistic about China-Singapore ties

CNC
Added On May 23, 2019

 Singapore's Deputy Prime Minister Heng Swee Keat? will co-chair the inaugural meeting of the Singapore-Shanghai Comprehensive Cooperation Council (SSCCC) -- the eighth business council between Singapore and China.

The council will cover six cooperation areas: the Belt & Road Initiative (BRI), financial services, technology and innovation, ease of doing business, urban governance and people-to-people exchanges.
 
SOUNDBITE(English):HENG SWEE KEAT, Singaporean Deputy Prime Minister
"Now, all these are very important areas for us to cooperate on improving the quality of life, particularly in modern international metropolis. So I very much look forward to looking at how Singapore and Shanghai cooperate in that area and deepen this collaboration."
On the China-proposed Belt and Road Intiative,Heng expressed nothing but support.
 
SOUNDBITE(English):HENG SWEE KEAT, Singaporean Deputy Prime Minister
"We’ve been a very early supporter of the Belt and Road Initiative because we see strategic value of this initiative, and how it can be a key enabler for the next stage of regional as well as global economic development."
The deputy prime minister also hailed? China's economic achievements.
 
SOUNDBITE(English):HENG SWEE KEAT, Singaporean Deputy Prime Minister
"If you look at the development of people, the development of infrastructure, the development of cities in China, it is really quite unprecedented. China's growth and development can help to also add driving forces to the global economy and certainly in the regional economy."
Reflecting on the long-standing cooperation between China and Singapore, Heng said the two countries have been able to find new modalities and areas of cooperation at every stage of its own development and in the global economy.
 
SOUNDBITE(English):HENG SWEE KEAT, Singaporean Deputy Prime Minister
"So with the decline in support for globalization, technological changes happening, with the many structural changes that is happening around the world - and particularly in our region - the scope for cooperation has actually been enlarged. So the challenges are greater, but so are the opportunities."