China hopes Singapore will support Chinese enterprises who intend to participate in the Singapore-Malaysia high-speed railway project, Premier Li Keqiang said, Xinhua reports.
“China has cutting-edge, safe and reliable, cost-effective high-speed railway technology,” Li said in his talks with visiting Singaporean Prime Minister Lee Hsien Loong.
Malaysia and Singapore agreed to build a 360-km high-speed rail link between Singapore and Kuala Lumpur, which is expected to start operation by December 2026 and cut travel time to about 90 minutes.
China is the largest trading partner for Singapore while Singapore is the largest source of foreign investment for China, Li said. “China is willing to synergize the Belt and Road Initiative with Singapore’s development strategy to improve trade and investment cooperation,” Li said, proposing more partnership in finance, science and technology and innovation.
“China welcomes more Singaporean businesses to invest in China, not only in China’s coastal areas but also in central and western regions,” Li said.
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