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New centre in Jiangsu to help Singapore biomed startups tap Chinese market

  • 📰 BusinessTimes
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[SINGAPORE] A new centre has been launched in the China-Singapore Suzhou Industrial Park (SIP), providing more opportunities for biomedical firms in Singapore to expand into the Chinese market. Read more at The Business Times.

Firms will receive cost savings in equipment rental by accessing the centre's facilities, as well as funding support through the A*Star-SIP Green Lane Grant, and tap market access programmes to better understand the needs of the Chinese market and navigate the regulations there.

Bilateral trade between the two grew 1.6 per cent year on year to reach US$9 billion between January and August 2020.

 

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