As for third-party market cooperation, China and Singapore signed a document in April, said Ning at the Singapore-China BRI Investment Forum, adding that it would benefit regional economic development, as well as the open global economy.
Chan, the Singaporean minister, also said at the forum that as a key global trading and financing hub, Singapore could be a launch-pad for Chinese companies to venture into third-party markets, especially in Southeast Asia.
Teo Siong Seng, Chairman of Singapore Business Federation, told Xinhua on Thursday that Chinese and Singaporean companies are strong matches for each other in participating in infrastructure projects along the Belt and Road routes.
"China has the advantages in manpower, materials and financial resources, while Singapore has rich experience of operating in many countries along the Belt and Road not only in Southeast Asia, but also in South Asia and Africa," he said.
"The combination of the two sides can play a complementary role in pushing forward the enterprises of both countries to implement their 'go-global' strategies under the BRI framework, avoiding detours," he noted.
The spirit of going global together by Chinese and Singaporean enterprises fully reflects the world's needs for multilateral cooperation, mutual benefit, but not unilateralism.
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