MoC signed to boost China-Singapore service trade cooperation
SHANGHAI, Nov. 9 (Xinhua) -- A Memorandum of Cooperation (MoC) on the development of the service industry was signed during the 4th China International Import Expo (CIIE) to boost service trade cooperation between China and Singapore.
Representatives from the municipal government of Suzhou City, east China's Jiangsu Province and the Ministry of Trade and Industry of Singapore signed the memorandum on Sunday. The MoC aims to promote cooperation on services in fields including digital economy, intellectual property rights, finance and logistics.
Official data shows that Singapore has been China's fourth-largest partner in service trade since 2019. Bilateral trade liberalization and investment facilitation are expected to be further boosted as the two countries are accelerating follow-up negotiations on upgrading their free trade agreement.
Photos
Related Stories
- Feature: CIIE brings new opportunities for Pakistani jeweler
- CIIE: where global diversity meets China's dynamic market
- 'City Parlors' show Chinese elements at 4th CIIE
- CIIE key channel for global trade cooperation
- CIIE’s cultural and art section offers a feast for the eyes with its artistic masterpieces
Copyright © 2021 People's Daily Online. All Rights Reserved.