The event marks the first international outreach of the Chengdu-Chongqing Economic Circle. ● This is a crucial step for the Chengdu-Chongqing Economic Circle to actively integrate into the global industry and supply chains. ● Singapore serves as a significant global center for finance, trade, shipping, and innovation, acting as both a crucial node in ASEAN and an important bridge connecting the world. It is also a vital "window" for deepening international cooperation in the Chengdu-Chongqing Economic Circle.

Numerous Investment Opportunities ● A list of "Double Cities, Double Hundreds" investment opportunities was released, offering overseas markets cooperation invitations with a total investment exceeding 1 trillion yuan covering sectors such as artificial intelligence, low-altitude economy, and new materials. ● Sichuan has launched 100 projects focused on its "15+N" key industry chains with initiatives around resource utilization, chain enhancement, and application scenarios.

“This is the first time joint investment promotion efforts from both Sichuan and Chongqing have come to Singapore. Many local companies are still unfamiliar with the concept of the Chengdu-Chongqing Economic Circle,” said Chen Yongxiang, Executive Chairman of Fengze Investment Pte Ltd, who noted that there had previously been separate promotional trips from Sichuan and Chongqing.

On October 15, the Fourth Global Investment Promotion Conference for the Chengdu-Chongqing Economic Circle was held in Singapore, marking the first time the event was organized overseas by the Sichuan Provincial Economic Cooperation Bureau and Chongqing Municipal Economic and Information Commission.

Why Choose Singapore as the First Destination? ● Orchard Road, Singapore's vibrant commercial center where numerous financial institutions are located, was chosen for the event. This aligns with the key objective of efficiently connecting with global multinational companies developing in Singapore to attract more high-quality international business resources for the Chengdu-Chongqing Economic Circle.

“The interest shown by participating Singaporean enterprises indicates the conference's importance. Many attending companies already have investment projects in Sichuan and Chongqing, while others are yet to invest, highlighting the potential for future investments,” observed Zhuo Chaolai, President of the Chinese Chamber of Commerce in Singapore.

Before the event began, over 200 guests arrived early. Numerous business representatives busily connected with partners, creating a lively atmosphere. During these interactions, officials from Sichuan’s economic cooperation bureau noticed a subtle change: Singaporean entrepreneurs have a better and faster understanding of the Sichuan-Chongqing regions, aided by the maturing of the new western land-sea passage.

The interactions made it evident why Singapore was chosen as the inaugural overseas venue for the global investment promotion conference: it serves as a crucial financial, trade, shipping, and innovation hub and an important link facilitating deeper international collaboration for the Chengdu-Chongqing Economic Circle.

Sino-Singapore Economic Ties Economic ties and investment exchanges between China and Singapore, as well as Sichuan and Singapore, are very close. Statistics show that China has been Singapore's largest trading partner for 12 consecutive years, while Singapore has been China's largest source of newly added foreign capital for the same period. By now, there are 867 enterprises set up by Singaporean companies in Sichuan, making it a major source of foreign investment for the province.

“Hosting the investment promotion conference in Singapore is a critical step for the Chengdu-Chongqing Economic Circle to actively integrate into global industry and supply chains. We aim to extend our investment outreach directly to the local market, effectively attracting international capital and technology, strengthening the cooperative linkage of industrial chains with ASEAN, and enhancing regional international competitiveness,” said a relevant official from the Sichuan Provincial Economic Cooperation Bureau.

Investment Opportunities Exceeding 1 Trillion Yuan Among the highlights of this conference was the joint release of the "Double Cities, Double Hundreds" investment opportunities list—offering an invitation for cooperation with a total investment over 1 trillion yuan aimed at overseas markets.

Koh Yuen Kai, Chief Marketing Officer of Singapore's Herbie International Pte Ltd, which recently started operating a global mold R&D and manufacturing base in Chengdu, attended the event. As a leading manufacturer of precision plastic molds and machinery, Herbie International supplies major companies like Apple and Tesla. He noted that while uncertainty in the global investment environment is higher than ever, this actually emphasizes the scarcity and significance of opportunities. Herbie remains committed to a major investment project in Chengdu, intending to expand operations and stabilize supply chains.

Seizing Opportunities for the Future Wang Junchen, the Director of the Sichuan Provincial Government Representative Office in Chongqing, discussed further collaboration possibilities between the Chengdu-Chongqing region and Singapore and ASEAN countries in the fields of electronic information, biomedicine, and advanced materials. For instance, as of June this year, the electronic information industry cluster in the Chengdu-Chongqing region has reached a scale of 1.72 trillion yuan, becoming the largest and most critical pillar industry in the region. The local supporting rate of the industry has exceeded 80%, creating a holistic ecosystem around integrated circuit development.

“Leveraging Singapore's rich experience in semiconductor industry chains, digital economy growth, and international market expansion, we look forward to jointly building an integrated circuit innovation platform, establishing a globally competitive base for chip design, manufacturing, and testing; advancing new display technology research and applications; and exploring Southeast Asia's digital economy markets, using Singapore as a hub to promote Sichuan-Chongqing digital technologies, products, and services into ASEAN,” Wang Junchen emphasized.

The launch of 200 key projects under the "Double Cities, Double Hundreds" list presents vast potential for cooperation. These projects, across various high-demand sectors such as artificial intelligence and new materials, closely align with Sichuan's advantageous resources and core industrial needs, clearly outlining collaboration modes and expected returns to facilitate straightforward investment for businesses.

“We are in an era filled with both challenges and opportunities. Regional synergy, open cooperation, and mutual benefits are essential paths for us to address uncertainties and jointly pursue new developments,” Zhuo Chaolai stated, noting that this promotion event marks a new chapter in cooperation between the Chengdu-Chongqing Economic Circle and Singapore.