Singapore-China project in Guangzhou to speed up expansion

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Singapore-China project in Guangzhou to speed up expansion
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The second phase of the China-Singapore Smart Park will be completed in June ahead of its October timeline. Read more at straitstimes.com.

GUANGZHOU - Singapore companies are raring to plunge back into the Chinese market following its post-Covid-19 reopening, prompting a joint Singapore-China development project in Guangzhou to speed up its expansion by four months.

There, PM Lee visited the China-Singapore International Joint Research Institute, which was jointly set up by Nanyang Technological University and South China University of Technology, and focuses on research areas such as artificial intelligence, new energy, green buildings and pollution control.LaunchPad, a one-stop service platform within the smart park for companies wanting to enter the China market.

The Chinese authorities have also been supportive in trying to get regulatory approvals quicker, he said. “This is a huge market with no competitor,” he said of his technology, which has also been applied to other crops such as saffron, tomatoes, grapes and blueberries.

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