The initiatives were discussed at the 16th Joint Council for Bilateral Cooperation (JCBC) between Singapore and China co-chaired by Singapore’s Deputy Prime Minister, Coordinating Minister for Economic Policies and Minister for Finance Heng Swee Keat and China’s Executive Vice Premier of the State Council Han Zheng.
The Monetary Authority of Singapore (MAS) announced on Dec 8 that Singapore and China will be enhancing their financial partnership to support a post-Covid-19 recovery.
The partnership will build on existing areas of collaboration and facilitate financing and investment activities between both countries.
