S'pore signs 14 project deals with Zhejiang

Officials from Singapore and the Chinese province of Zhejiang yesterday signed 14 project agreements in areas such as infocomm technology, education and township planning.

The signings took place at the 11th Singapore-Zhejiang Economic and Trade Council meeting in Shaoxing, Zhejiang province.

The deals are aimed towards establishing Zhejiang as a key node in China's development, IE Singapore said in a statement yesterday.

They are also in line with Zhejiang's transformation to a digital and knowledge-based economy.

The province is one of the fastest-developing provinces for e-commerce, innovation and connectivity in China today.

Singapore's Minister for Culture, Community and Youth Grace Fu and Zhejiang Vice-Governor Liang Liming co-chaired the meeting.

In her speech at the opening of the meeting, Ms Fu said Zhejiang's rapid social and economic developments present tremendous opportunities to foster bilateral cooperation.

"The increasingly affluent population in Zhejiang is seeking better quality of life as well as more sophisticated, technologically advanced products and services.

"Singapore companies are ideal partners for Zhejiang, given their innovative capabilities and experience to meet this demand."

A version of this article appeared in the print edition of The Straits Times on November 11, 2015, with the headline 'S'pore signs 14 project deals with Zhejiang'. Print Edition | Subscribe