Chongqing Takes ASEAN Connectivity Lead in Western China
06 Nov, 2019

As the operating center of the China-Singapore demonstration initiative on strategic connectivity, southwest China's Chongqing Municipality is taking the regional lead in contributing to connectivity with ASEAN and promoting cooperation along the Belt and Road routes. 

Evidence of this is that a total of 56 major projects were signed at this year's China-Singapore (Chongqing) Connectivity Initiative Financial Summit held Monday in the city, with an aggregate amount of 194.5 billion yuan (about $27.7 billion). 

The projects include those involving the issuance of green bonds, debt financing, cross-border logistics, education and tourism. 

More than 300 government officials, business people and scholars from China, Singapore and other ASEAN countries attended the summit and discussed topics including cross-border investment and financing, financial technology, inclusive finance, green finance, supply chain finance and logistics finance.