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Guangzhou Forum to boost Sino-Singapore cooperation on the Belt and Road Initiative

The Sino-Singaporean Guangzhou Knowledge City (SSGKC), represents a landmark project in terms of Sino-Singapore cooperation, and the Belt and Road initiative. This Guangzhou venue hosted the 5th Sino-Singapore Knowledge Forum on Aug. 22. This year's theme was "Benefiting mutually and inclusive growth".

Huang Ningsheng, the vice governor of Guangdong delivered a speech at the forum, saying that, in recent years the SSGKC has taken the lead on information and economic development in the Pearl River Delta region, and even the country as a whole. He hopes that Guangdong will work more with Singapore on the Belt and Road initiative, seeing mutual growth, scientific & technological innovation and the development of new intellectual properties.

Experts and scholars from both China and Singapore discussed how to achieve this inclusive growth and mutual development under the Belt and Road Initiative as well as how to achieve wider international cooperation.

Speakers at the first panel discussion of the 5th Sino-Singapore Knowledge Forum. [Photo/xinhuanet.com]

Mr Lee Yi Shyan, the Chairman of Business China (a Singaporean networking platform), has 20 years of experience engaging government and business leaders across some 60 Chinese cities, spearheading Singapore's collaboration with China. He said that the soft skills introduced to China from Singapore concerning social management, and industrial policy have proven quite useful for Chinese companies.

According to Daren Tang Heng Shim, the Chief Executive of Intellectual Property Office of Singapore, innovation is extremely important for economic growth and transformation. connectivity is also crucial for Singapore and China under the Belt and Road Initiative.

Nina Yang, the Chief Executive Officer for the Sustainable Urban Development Department of Ascendas-Singbridge pointed out that the Belt and Road Initiative brings wide-reaching collaboration opportunities for both sides including financial institutions, governments and companies.

As an important stop on the Maritime Silk Road, Singapore is experienced in helping its nearby countries like India and Vietnam to establish industrial parks and economic development zones. Such experience can benefit China, said Yang Mu, the Executive Dean for Institute of Public Policy of South China University of Technology.


Information sharing economy grows in the SSGKC

Based on Singapore's experience, the Sino-Singapore Guangzhou Knowledge City will be developed to be both suitable for living and working. [Photo/xinhuanet.com]

Great importance was also attached to intellectual property as a bridge between scientific achievement and real productivity.

The, SSGKC has taken the protection and application of intellectual property as its core mission. In the past eight months, the place has become home to the Guangzhou intellectual property arbitration court, the Patent Examination Cooperation Center of the Patent Office, the State Intellectual Property Office of Guangdong as well as several intellectual property trade institutions.

Early in July, the construction of the GE bio-campus, which is planned as an industry leading bio-pharmaceutical and healthcare industrial park began at SSGKC, with investment reaching $800 million.

The SSGKC has attracted investment, talent and advanced bio-medical technology companies to Guangzhou. As of now, more than 600 enterprises in biological medicine industry and health industry have located themselves in Guangzhou's Huangpu district and the Guangzhou Development Zone, with operational revenue in 2016 reaching 52.3 billion yuan ($7.8 billion).

Apart from establishing a great atmosphere for the development of the information sharing industry, the SSGKC is also fully exploring its “Singaporean Elements" in terms of areas including community construction, talent training and preferential policies, and on August 21, the Singapore Manufacturing International Center (SMIC) was unveiled in the SSGKC.

It is the flagship platform for enterprises from Singapore and China to boost cooperation and technological innovation.

Currently, five Singapore manufacturing enterprises are to locate within the SMIC. To provide solutions for China's current upgrade of industrial manufacture, the Singapore companies housed within the SMIC will partner with local manufacturers on robotic technology, AR, big data application and analysis, and so on.

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