SBF to lead 80 Singapore companies for the inaugural China International Import Expo (CIIE)
- Largest and most diversified delegation from ASEAN to take part in the landmark Expo launched by Chinese President Xi Jinping in May 2017
- Showcasing products and services across logistics and transportation, financial and banking, education, healthcare and F&B sectors to the vast Chinese market
- Tailored business activities to facilitate dialogues and explore collaboration for Singaporean and Chinese enterprises
16 October 2018 [Singapore] - Singapore Business Federation (SBF) will lead a delegation of close to 350 senior business representatives from over 80 prominent Singapore enterprises—the largest sent by an ASEAN nation—for the inaugural China International Import Expo (CIIE), taking place on 5 through 10 November at Shanghai’s National Exhibition and Convention Center.
In addition to occupying the largest space in the Trade in Services hall, the Singapore Commercial Pavilions will also have a presence in the halls of Food and Agricultural Products and High-end Intelligent Equipment, featuring Singapore goods and services across logistics and transportation, financial and banking, education, healthcare and F&B sectors. Renowned Singapore exhibitors include DBS Bank, GeTs Global, Keppel, Kim Hing Company, KinderWorld International Group, National University of Singapore (NUS), Oversea-Chinese Banking Corporation Limited (OCBC), Pacific International Lines (PIL), Parkway Pantai, PSA International, Raffles Medical Group, Singapore Airlines, SP Group, Singapore Press Holdings (SPH), Super Coffee, Tai Hua Food, United Overseas Bank (UOB), YCH Group and others.
Since 2013, China has been Singapore’s largest trading partner, while Singapore has been China’s largest foreign investor. Capturing new opportunities in recent Chinese developments, Singapore companies are increasing and diversifying investments in China. Singapore also welcomed China’s interest to support the internationalisation of Chinese companies under the Belt and Road Initiative, through tapping on Singapore companies’ unique strengths and competitiveness.
SBF Chairman, Mr Teo Siong Seng, said: “This year marks an important milestone in Singapore-China relations. It is the 40th anniversary of Mr Deng Xiaoping's visit to Singapore in November 1978. The mutual exchange of visits had since laid the foundation for close cooperation between both countries. Singapore and China will continue to enhance economic cooperation and deepen two-way investment ties as the two countries push ahead with their economic transformation efforts.”
“As a third country collaborator, Singapore is well-positioned to help Chinese companies to penetrate ASEAN markets and beyond, through our strong regional connection, technological expertise, multicultural talents and sophisticated legal framework. We welcome business counterparts from China and around the world to visit our pavilions, explore collaboration, and realise possibilities together.” Mr Teo further added.
Dr Loo Choon Yong, Executive Chairman of Raffles Medical Group, noted: “In 2016, Singapore committed to a S$4 billion budget in health and biomedical sciences to drive research and development activities. As China deepens its healthcare reform and the Chinese population seeks more personalised and comprehensive care, this puts Raffles Medical Group in a good position to offer quality medical care of international standards to the Chinese population.”
Mr Pek Ee Perh Thomas, Managing Director of Tai Hua Food Industries Pte Ltd, and Life Honorary President of Singapore Food Manufacturers’ Association, said: “By leveraging technology and differentiating with innovative dining concepts, products, and service offerings, Singapore’s food companies are constantly boosting efficiency and enhancing customers’ dining experiences. Many Singaporean food companies have established our brands in China and worldwide through joint ventures, franchises or corporate-owned outlets. We are committed to working with our Chinese partners in promoting China’s food industry, both regionally and globally.”
Capturing new growth opportunities with customized business activities
Additionally, SBF will hold two customised business activities during the CIIE, namely, the Singapore-China Trade and Investment Forum (SCTIF), as well as an exclusive business matching session for Singapore exhibitors co-organised with Bank of China. Both sessions are scheduled for 6 November.
The SCTIF will serve as a platform for Singaporean and Chinese enterprises to foster dialogue, enabling them to capitalize on growth opportunities and discover new economic synergies.
“China and Singapore’s finance and banking sector have enjoyed a fruitful and mutually beneficial partnership for many years. As the facilitator of CIIE’s business matching sessions and the SBF-appointed Sole Financial Services Partner for the SCTIF, Bank of China is pleased to co-organise with SBF a special business matching session customised for Singaporean companies at the exhibition. This is in line with our commitment to fostering business collaborations in China and around the world”, said Mr Deng Lei, Assistant General Manager of Bank of China Singapore Branch.
With CIIE approaching, SBF is honored to spearhead and facilitate Singapore companies’ participation at CIIE in partnership with various trade associations and chambers, while also launching its own export expansion plans. In addition to executives from SBF and Singaporean enterprises, high-level Singaporean government officials will also attend CIIE, highlighting the country’s commitment to building bilateral relations as well as the critical importance of CIIE.
Launched by Chinese President Xi Jinping in May 2017, the China International Import Expo (CIIE) represents a landmark B2B effort to accelerate global trade growth, and develop a more open and inclusive world economy.
CIIE Delegation Booklet