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1 SINGAPORE & CHONGQING SUCCESSFULLY CONCLUDE FIRST JOINT IMPLEMENTATION COMMITTEE MEETING FOR CHONGQING CONNECTIVITY INITIATIVE (CCI) 1. Minister in the Prime Minister s Office Chan Chun Sing concluded a visit to Chongqing on 8 January 2016 to discuss next steps for implementation of the Chongqing Connectivity Initiative 1 (CCI). This is the first high-level meeting between Singapore and Chongqing since the launch of the third Government-to-Government (G-to-G) project during Chinese President Xi Jinping s State Visit to Singapore in November Minister Chan co-chaired the inaugural Joint Implementation Committee (JIC) Meeting with Chongqing Mayor Huang Qifan. The co-chairs endorsed the implementation structure and guiding principles for the CCI. The implementation structure will be led by a DPM-level Joint Steering Council, overseeing two ministerial committees 2 which involve the Chinese government at both the central and local level. This will provide the project with a robust mechanism to seek policy breakthroughs and develop Chongqing into a leading connectivity hub in Western China. Both sides also discussed potential project collaborations and the next steps for the project. 3. Prior to the JIC meeting, Minister Chan also called on Chongqing Party Secretary Sun Zhengcai. During the call, both sides agreed with the vision, success factors, the way forward for the project, as well as how Singapore can further complement Chongqing s development through the CCI. For instance, both sides agreed to work on developing a Chongqing Connectivity Masterplan to meet Chongqing s development priorities. Through the CCI, Singapore hopes to value-add to the development of Western China, by enhancing connectivity of Chongqing within China and with the world. 4. Minister Chan, together with Chongqing Party Secretary Sun Zhengcai and Mayor Huang Qifan, also officiated the opening ceremony of the CCI Administrative Bureau Office, which was set up to oversee the day-to-day issues for the implementation of the CCI. It will be headed by Chongqing 1 The formal term of the initiative is China-Singapore (Chongqing) Demonstration Initiative on Strategic Connectivity [ 中新 ( 重庆 ) 战略性互联互通示范项目 ]. 2 Minister Chan chairs the Joint Working Committee with Chinese Minister of Commerce Gao Hucheng and the Joint Implementation Committee with Chongqing Mayor Huang Qifan respectively. 1

This is the first high-level meeting between Singapore and Chongqing since the launch of the third Government-to-Government (G-to-G) project during Chinese President Xi Jinping s State Visit to

2 Executive Vice Mayor Weng Jieming and supported by key officials in the Chongqing Municipal Government. 5. The leaders also witnessed the signing of eleven MOUs at the project signing ceremony. These MOUs serve to strengthen collaboration between Singapore and Chongqing in the four priority areas of collaboration, namely financial services, aviation, transport & logistics and Info-Communications Technology (ICT). 6. Commenting on the visit, Minister Chan said, Both sides have made good progress on the Chongqing Connectivity Initiative (CCI). Party Secretary Sun, Mayor Huang and I had good discussions on various potential collaborations and reached consensus on the shared vision to enhance Chongqing s connectivity. The strong momentum of discussions signifies a strong start for a long-term win-win partnership between Singapore and Chongqing. 7. The Singapore delegation also comprised Minister of State for Health and Communications & Information Chee Hong Tat, Minister of State for Trade and Industry and National Development Dr Koh Poh Koon and senior officials from the Ministry of Trade and Industry, Ministry of Foreign Affairs, Ministry of Transport, Civil and Aviation Authority of Singapore, Infocomm Development Authority of Singapore, International Enterprise Singapore and Monetary Authority of Singapore. MINISTRY OF TRADE AND INDUSTRY 8 JANUARY 2016 Annex A: List of MOUs signed during the visit Annex B: Photos [2 photos] For media queries, please contact: Ms Angeline Yap Senior Assistant Director, Corporate Communications Division Telephone: / Angeline_YAP@mti.gov.sg 2

Info-Communications Technology (ICT). 6. Commenting on the visit, Minister Chan said, Both sides have made good progress on the Chongqing Connectivity Initiative (CCI).

3 Ms Delia Wu Senior Assistant Director, Corporate Communications Division Telephone: / Delia_WU@mti.gov.sg ANNEX A: LIST OF MOUS SIGNED DURING THE VISIT 1. Financial Services S/N Name of MOU 1. Tripartite Strategic Memorandum of Understanding (MOU) between Chongqing Municipal People's Government, Industrial and Commercial Bank of China (ICBC) and DBS 星展银行与重庆市人民政府和中国工商银行股份有限公司 ( 简称中国工商银行 ), 签署三方战略合作备忘录 2. Tripartite Strategic MOU between Chongqing Municipal People's Government, China Construction Bank (CCB) and DBS 星展银行与重庆市人民政府和中国建设银行股份有限公司 ( 简称中国建设银行 ), 签署三方战略合作备忘录 Brief Description Chongqing Municipal People's Government intends to innovate new policies and operating models to facilitate trade and investment and contribute to the success of the project. ICBC and DBS will provide financing solutions and various other financial services. All three parties intend to share information, resources and facilitate business synergies to jointly promote connectivity among governments, banks and businesses. 重庆市人民政府将推进政策创新运营模式创新促进贸易和投资便利化, 以促进合作项目持续健康发展中国工商银行和星展银行则将为中新第三个政府间合作项目建设和产业发展提供优质优化的金融服务和支持三方将在相关法律法规允许的前提下, 实现相关信息资源共享, 相关业务互促, 以此联合推动政银企对接, 大力提升对广大企业的服务水平加快推动合作项目的产业升级发展, 以及向新加坡和中国企业推介投资机会, 促成双方的产业合作, 协助进行招商引资 The three parties intend to jointly establish long-term mechanisms and legislation to promote effective market operations and cooperation. Leveraging on their respective strengths, DBS and CCB intend to jointly innovate new service models and financing channels, promote the globalisation of Chinese and Singapore enterprises as well as establish a project financing platform to support the development of Southeast Asia and the Belt and Road initiative. 三方拟共同建立市场化运作的长效机制, 通过规范的制度安排, 加强合作, 其中星展银行与中国建设银行将为中新两国区域经济建设提供金融服务, 实现中新合作快速发展, 以及加大金融创新合作, 利用各自专业优势, 3

Tripartite Strategic Memorandum of Understanding (MOU) between Chongqing Municipal People's Government, Industrial and Commercial Bank of China (ICBC) and DBS 星展银行与重庆市人民政府和中国工商银行股

4 创新服务模式和融资渠道, 促进双方企业的国际化发展, 推动辐射东南亚和一带一路基础设施融资服务平台的建设 3. Bilateral MOU between DBS Bank (China) and Chongqing Liangjiang New Area Administrative Committee 星展银行 ( 中国 ) 与重庆两江新区管理委员会签署双方战略合作备忘录 Liangjiang New Area Administrative Committee will encourage its subsidiaries and companies in Liangjiang New Area to prioritise DBS as its main bank for their financing needs. Both parties will also jointly develop new financial products. 两江新区管理委员会将尽力促成其下属企业及区内其他企业优先选择星展银行为金融业务的主办银行, 双方也将携手创新和开发新的金融产品 4. Bilateral MOU between DBS Bank (China) and Chongqing Yufu Asset Management Group Co. Ltd 星展银行 ( 中国 ) 与重庆渝富集团签署双方战略合作备忘录 5. Chongqing Financial Affairs Office and OCBC Bank 3rd Sino- Singapore G to G Project Memorandum of Understanding 重庆市金融工作办公室和华侨银行有限公司中新第三个政府间合作项目合作备忘录 Chongqing Yufu Group will prioritise DBS as one of its main banks for its financing needs while DBS will provide high quality, efficient and customised financial services. Both parties will collaborate on financial innovation. 重庆渝富集团将优先选择星展银行为其金融业务的主办银行之一, 星展银行则将提供优质高效优惠和个性化的金融服务支持双方也将在金融新产品开发方面加强合作 This aims to establish a strategic relationship between Chongqing Financial Affairs Office and OCBC Bank with cooperation in the Finance Sector: 1) As a local bank in Singapore; OCBC Bank will help Chongqing local corporates to borrow money from Singapore; 2) Help Chongqing local corporates to issue bonds in Singapore by leveraging on OCBC s strong network as the second largest Financial Group in Southeast Asia; 3) Strengthen the relationship between Chongqing local financial institutions and OCBC Bank. 重庆市金融工作办公室愿与华侨银行建立战略性合作伙伴关系并加深金融领域的合作 : 1) 作为一家新加坡本土银行, 华侨银行愿意帮助重庆企业从新加坡借款 4

Committee will encourage its subsidiaries and companies in Liangjiang New Area to prioritise DBS as its main bank for their financing needs.

5 6. Chongqing Financial Affairs Office and UOB (China) Memorandum of Understanding to strengthen cooperation on investment promotion 重庆市金融工作办公室与大华银行 ( 中国 ) 有限公司关于加强投资促进合作的备忘录 2) 凭借华侨银行的强大网络, 作为东南亚第二大金融服务集团, 可以帮助重庆企业在新加坡发行债券 3) 进一步加深华侨银行与重庆本地金融机构的合作关系 Both sides aim to strengthen cooperation in implementing the national strategy of Belt and Road as well as Municipal Government s strategy for construction of the Yangtze River Economic Belt, to vigorously promote the important strategic fulcrum function of Chongqing City as western hub of economic belt of the Silk Road, the Yangtze River and the Maritime Silk Road. 为贯彻落实国家一带一路战略和市政府建设长江经济带战略, 强力推进重庆作为丝绸之路经济带长江经济带的西部中心枢纽海上丝绸之路的重要战略支点作用, 促进中新经济走廊建设, 双方就进一步加强合作达成的备忘录 7. Multiple collaborations between Singapore and Chinese Financial Institutions to support cross-border financial services 多个中新两国金融机构跨境金融服务合作意向 Singapore Signatories: DBS 星展银行 ICBC Singapore 工商银行新加坡分行 CCB Singapore 建设银行新加坡分行 BOC Singapore 中国银行新加坡分行等 China Signatories: China International Capital Corporation 中金公司 ICBC Chongqing 工商银行重庆市分行 Bank of China 中国银行总行 Bank of China Chongqing 中国银行重庆市分行 China Construction Bank Chongqing Branch 建设银行重庆市分行 China CITIC Bank 中信银行总行 Shanghai Pudong Development Bank Chongqing Branch 浦发银行重庆分行 5

the national strategy of Belt and Road as well as Municipal Government s strategy for construction of the Yangtze River Economic Belt, to vigorously promote the important strategic fulcrum function

6 2. Aviation 1. 1Memorandum of 1Strategic Cooperation to enhance the air. connectivity between Western China and Singapore 新加坡与中国西部航线加密合作备忘录 Changi Airport Group (Singapore) Pte. Ltd., Chongqing Airport Group Co. Ltd., SilkAir (Singapore) Pte. Ltd, Air China Limited Chongqing Branch, China West Air Co. Ltd. and Chongqing Airlines Co. Ltd. entered into a six-party Memorandum of Strategic Cooperation to enhance the air connectivity between Western China and Singapore. Key areas of focus under the Memorandum include:- (i) To increase flight frequencies between Chongqing and Singapore; (ii) To boost transit traffic to western Chinese cities via Chongqing, and to Southeast Asia and Southwest Pacific via Singapore; as well as (iii) To conduct destination marketing and route promotion campaigns in both China and Singapore. Changi Airport Group and Chongqing Airport Group will also collaborate on the development of air cargo traffic between western China, Singapore, Southeast Asia and Southwest Pacific. 新加坡樟宜机场重庆机场集团胜安航空中国航空西部航空重庆航空签署六方战略合作备忘录, 旨在促进中国西部地区和新加坡之间的航班航线发展互联互通合作备忘录的主要合作内容包括 : 1. 加密重庆 - 新加坡航线 ; 2. 促进经停重庆至中国西部城市以及经停新加坡至东南亚西南太平洋地区的中转客流量 ; 3. 于中国和新加坡举办目的地宣传以及航线推广活动樟宜机场集团和重庆机场集团也会携手为中国西部地区至新加坡东南亚以及西南太平洋地区的航空货运发展给予宣传和支持 2. 2Memorandum of 2 Understanding between Chongqing Airport Group Co., Ltd. and Changi Airports International Pte. Ltd. in relation to Setting Up a Commercial Management Joint Venture 重庆机场集团有限公司与 Changi Airports In order to strengthen the Chongqing Jiangbei International Airport s management of non-aeronautical business, raise non-aeronautical revenue and improve service quality and to improve the financial performance of Chongqing Airport, Chongqing Airport Group Co. Ltd and Changi Airports International Pte. Ltd. have discussed and explored the setting up of a commercial management joint venture and have reached a preliminary understanding. The joint venture shall be set up by both parties and Chongqing Airport Group Co. shall be the majority shareholder. The joint venture will manage the non-aeronautical business of Chongqing Airport, proposed to include but not limited to retail (including Duty Free), F&B, VIP, car park, duty free 6

Key areas of focus under the Memorandum include:- (i) To increase flight frequencies between Chongqing and Singapore; (ii) To boost transit traffic to western Chinese cities via Chongqing, and to

7 International Pte. Ltd. 关于合资组建机场商业管理公司备忘录 shops and advertising. 为加强重庆江北国际机场的非航空性业务管理, 提高非航收入和服务质量, 并改善重庆机场的财务状况, 重庆机场集团有限公司和新加坡樟宜机场管理投资有限公司经过磋商, 就合资组建机场商业管理公司达成了初步意向合资公司由双方组建, 重庆机场集团有限公司控股合资公司将管理重庆机场所有航站楼及交通中心 ( 现有和未来所建的 ) 的非航空性业务, 包括但不限于零售 ( 含免税 ) 餐饮贵宾广告停车场休闲服务等 3. ICT and Transport & Logistics 1. Memorandum of Understanding between Chongqing Free Trade Port Area Development & Management Group Co Ltd. and CrimsonLogic Pte. Ltd. 重庆保税港区开发管理有限公司新加坡劲升逻辑有限公司合作备忘录 CrimsonLogic Pte. Ltd will explore the provision of consultancy services to Chongqing Free Trade Port Area Development & Management Group Co Ltd. to advise on data collection and consolidation of port, logistics and e- commerce functions as a step towards the development of a Single Electronic Window. 新加坡劲升逻辑有限公司将为重庆保税港区在口岸物流电子商务等信息化领域的业务整合方案提供咨询, 以逐步推进单一窗口信息化建设 2. Memorandum of Understanding Yuzhong District Chongqing and CapitaLand Chongqing Jointly Set Up Sino- Singapore Collaboration Center 关于成立渝中区中新合作项目促进中心的合作备忘录 The Yuzhong District Chongqing Government and Capitaland Chongqing agree to jointly set up a Sino- Singapore Collaboration Center at Raffles City Chongqing to help boost investment in financial & commercial services, communication & information technology, education & culture, health care and trade and logistics in the city. 渝中区政府与重庆凯德古渝雄关置业有限公司共同成立渝中区中新合作项目促进中心, 落户重庆来福士广场项目, 大力引进金融服务信息通信技术教育文化健康医疗商贸物流商务服务等领域的世界 500 强国内及国际优质企业等, 共同打造中新第三次政府间合作服务业项目承接地 7

双方组建, 重庆机场集团有限公司控股合资公司将管理重庆机场所有航站楼及交通中心 ( 现有和未来所建的 ) 的非航空性业务, 包括但不限于零售 ( 含免税 ) 餐饮贵宾广告停车场休闲服务等 3. ICT and Transport & Logistics 1.

8 ANNEX B: PHOTOS Chongqing Connectivity Initiative (CCI) Administrative Bureau Office Opening Ceremony and MOU Project Signing Ceremony Inaugural Joint Implementation Committee (JIC) Meeting co-chaired by Singapore Minister Chan Chun Sing and Chongqing Mayor Huang Qifan 8

Signing Ceremony Inaugural Joint Implementation Committee (JIC)

May Arab World Studies No

May Arab World Studies No 2014 5 May. 2014 3 Arab World Studies No.3. 2004 50 2010 5 32 1955 2004 1 2004 7 2014 1 2010 5 13 14 Gaafar K.Ahmed, Sino- Arab Relations, Ph.D. Dissertation, Nanjing University, June 1996. Gaafar K.Ahmed,