Sep 17-Sep-Kunming power: "2010 in new 20th anniversary of diplomatic ties between the two countries, and China-ASEAN free trade area of the first year of implementation, along with the economic and trade relations between China's rapid growth, both manufacturing collaboration will surely achieve steady development. "Singapore manufacturers Vice President Li Xue-min 17, held here the first China-ASEAN trade cooperation meeting as be expressed.
According to Li Xue-min introduction that manufacturing is the Singapore economic development is an important component of output in the manufacturing of proportion of the GDP in recent years has remained at about a quarter. 2010, Singapore manufacturing more eye performance, according to the Department of statistics Singapore trade, in the second quarter of 2010 Singapore economy achieved gratifying growth 18.8%, of which 45% manufacturing industry growth and become the main driver of economic growth, GDP growth contribution of up to 56%.
As China-ASEAN free trade area of the building, Singapore is actively involved in local and regional development in China, and Shandong, Sichuan province, Zhejiang Province, Liaoning province, Tianjin, Jiangsu, Guangdong and other 7 provinces established economic and trade cooperation mechanism, and in China set up four flagship project. These cooperation mechanisms and projects contributed to both sides in cooperation in the field of the related manufacturing.
Li Xue-Min stated that New Zealand manufacturing should grasp the opportunity to further expand cooperation. Free trade zone by tariff preferences, on the one hand, to expand exports to China and Singapore; on the other hand, benefit the Chinese enterprises to Singapore as an international procurement centre, enjoy the free trade area of the country of origin of tariff concessions.
As China-ASEAN free trade area of the full implementation of the bilateral trade show rapid growth momentum, the first 7 months of bilateral trade volume reaches 394.1 billion, an increase of 34.7%. Major export products for the mechanical and electrical products, chemical products, plastics and rubber products manufacturing industry, etc. (The end)
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