China remains key market for local firms, says Enterprise Singapore

CHINA will continue to be a key market for Singapore companies, an Enterprise Singapore official said on Wednesday morning.

About 30 to 40 firms have signed up with the SBF so far, with about two-thirds of them returning visitors, according to the association, which wants to set up pavilions for trade in services, food and agriculture, and"quality life" at the expo.The SBF has booked some 2,000 square metres of exhibition space, up from 1,425 sq m in 2018, with more space to go to the food and beverage industry.

Ms Koh added that Singapore businesses"must persist with their internationalisation efforts in order to scale up" and called platforms like the CIIE"a good avenue to reach out to the very savvy Chinese consumers". "We urge Singapore companies to take advantage of this valuable platform that could put their business at the heart of the world's fastest-growing economy."

Australia Australia Latest News, Australia Australia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

S&P dips as investors eye key market levelU.S. stock futures ticked higher on Tuesday, a day after the Dow Jones Industrial Average and the S&P 500 posted their biggest drop in nearly a ...
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »

Power grab in Singapore's electricity market could spur consolidationAS Singapore Power's monopoly in the electricity retail market for households winds down completely in May, consolidation among the 13 retailers may be inevitable as they jostle for the 1.4 million accounts up for grabs. Read more at The Business Times.
Source: BusinessTimes - 🏆 15. / 51 Read more »

Singapore must diversify and not overly rely on any market: Chan Chun SingEXPANDING Singapore's network of free trade agreements (FTAs) 'ensures the diversification of our markets and supply chains, to not overly rely on any one particular market', said Minister for Trade and Industry Chan Chun Sing during the ministry's Committee of Supply on Monday. Read more at The Business Times.
Source: BusinessTimes - 🏆 15. / 51 Read more »