Insightful Sharing | Sino-SG Entrepreneurs F2F Forum and Jinji Lake Cross-border Talk
Insightful Sharing | Sino-SG Entrepreneurs F2F Forum and Jinji Lake Cross-border Talk
Oct 21, 2024
On the afternoon of October 12, 2024, a grand event focusing on the development of the service industry—“Sino-SG Entrepreneurs F2F Forum and Jinji Lake Cross-border Talk – Sino-SG Enterprise Cooperation Exchange (Service Industry Session)”—was successfully held in Suzhou Industrial Park. This event was co-hosted by the Yangtze River Delta Overseas Investment Promotion Center, Suzhou Industrial Park Reference Office, Suzhou Hengtai, and SIG Tax & Accounting (SIG), aimed at building an efficient and open platform for communication and cooperation between Chinese and Singaporean enterprises, promoting further cross-border and two-way investment and trade. Around 60 representatives from Singaporean enterprises, institutions, and Chinese enterprises participated in the event.
Suzhou Industrial Park: A Model of China-Singapore Cooperation
Suzhou Industrial Park, a significant symbol of cooperation between the Chinese and Singaporean governments, has witnessed 30 years of development, becoming a model for China-Singapore cooperation. From joint planning and investment promotion in the early stages to today’s deep cooperation across various sectors, Suzhou Industrial Park has become one of China’s most internationally recognized and attractive development zones. Whether in trade services, biomedicine, or the digital economy and high-tech industries, the park has drawn extensively on Singapore’s advanced management practices, driving in-depth cooperation between governments and enterprises, while promoting rapid regional economic growth.
The hosting of this event further emphasized Suzhou Industrial Park’s pivotal role in China-Singapore enterprise cooperation. In particular, against the backdrop of a complex and changing global economic environment, the park has built a high-end platform to attract more Singaporean enterprises to settle here, promoting two-way development between China and Singapore.
SIG: A Success Story of China-Singapore Cooperation
As one of the event’s co-hosts, SIG shared successful growth story in Suzhou Industrial Park. Initially starting with just one workstation at the Singapore-Suzhou Business Center, SIG has now established the China headquarter in Suzhou Industrial Park, employing nearly 30 professional consultants. SIG not only provides comprehensive financial, tax, and compliance services to Chinese and Singaporean enterprises but also actively supports cross-border investment and cooperation between both sides, making it a shining example of successful China-Singapore cooperation.
During the event, SIG team presented business development, service areas, and future strategic plans within the park. Through sharing practical cases, SIG offered valuable cross-border investment insights, providing participants with practical guidance, especially on how to navigate risks and challenges in cross-border investments under the current global climate.
Cross-border Development Journeys of Key Enterprises
In addition to SIG, representatives from Arts Group and Wonder Strategic International, as notable Chinese and Singaporean companies, also shared their experiences in international development, highlighting their service areas and achievements. Their insights provided a confidence boost for attending enterprises seeking cross-border growth.
In-depth Insights on Park Promotions and Investment Policies
During the event, Suzhou Hengtai delivered a comprehensive introduction to the Yangcheng Silver Plaza building project, covering aspects such as industry positioning, investment direction, and functional layout. The Cultural Promotion Center of the Park also shared details of the park’s unique “2XN” cultural industry system, elaborating on its policies, talent resources, financial support, industrial ecology, and business environment. These efforts conveyed a sincere invitation for enterprises to collaborate and create a bright future together. The Yangtze River Delta Overseas Investment Promotion Center also highlighted the park’s advantages in location, policy, talent, and capital, focusing on supporting cross-border and two-way investments. Participating companies and institutions engaged in free discussions based on their areas of interest.
Site Visits: Experiencing the Vitality and Opportunities of the Park
On the morning of the event, Singaporean company representatives visited the Singapore-Suzhou Business Center, SIG’s office, the park’s exhibition center, and Yangcheng Silver Plaza, gaining deeper insights into the park’s history and current development. During the visit, the representatives were impressed by the park’s efficient business environment, comprehensive infrastructure, and robust industrial ecosystem. Several Singaporean businesses specializing in food and ESG expressed interest in further exploring cooperation opportunities with the park and were optimistic about future investments.
Alen, the founder of Wonder Strategic International, stated that through this visit, he deeply understood the rapid development, excellent business environment, and vibrant industrial ecosystem of Suzhou Industrial Park. He is now even more confident in expanding his business in the park, believing that the park’s full support and promising development prospects will offer Singaporean companies more opportunities for cross-border growth.
Looking Ahead: Building a New Chapter of Cooperation and Mutual Benefit
The success of the event not only built a platform for exchanges and cooperation between Chinese and New Zealand enterprises, but also laid a solid foundation for the future cooperation and development of the two sides. It is believed that with the joint efforts of both sides, Chinese and New Zealand enterprises will write a new chapter of win-win cooperation.
SIG, as a firm partner of enterprises’ overseas development, will spare no effort to build a platform for entrepreneurs’ overseas development and entrepreneur exchange, and provide the most cutting-edge information and the most professional support.