Contact Us 中文

..

Home > Why Liangjiang

Intl links boost Chongqing's financial technology

Updated: 2020-09-14

english.liangjiang.gov.cn

Intl links boost Chongqing's financial technology

The China-Singapore Fintech Collaboration Demonstration Zone is contributing to the financial technology development of Liangjiang. [Photo/liangjiang.gov.cn]

Singapore's Global Logistic Properties Ltd recently signed an agreement with the Liangjiang New Area – in the municipality of Chongqing in southwestern China (check) – to form a financial technology RMB investment fund.

The fund is another cooperation project of the China-Singapore (Chongqing) Demonstration Initiative on Strategic Connectivity.

The investment scale of the fund's first phase is 500 million yuan ($73.6 million), which will go to high-growth technology companies involving in artificial intelligence, big data, cloud computing and block chain.

The fund, the first of its kind in Chongqing, will also support Liangjiang's China-Singapore Fintech Collaboration Demonstration Zone in its bid to help nurture startup companies and attract financial technology companies.

The demonstration zone was co-built by China and Singapore to launch pilot financial technology policies and to develop a financial technology cluster.

Under its charter, the demonstration zone will cooperate with Jiangbeizui Fintech Port to work on a cross-border financial technology demonstration project with national influence.

During the five-year operation of the China-Singapore (Chongqing) Demonstration Initiative on Strategic Connectivity, Liangjiang has signed 60 China-Singapore business projects with a contract volume of $11.5 billion.

Video

Liangjiang New Area

 

ABOUT Introduction Development Zones Officials Department Industrial Parks

INVESTING Why Liangjiang Guide Policies Opportunitiies Industrial Parks Industries Enterprises Procedures

LIVING Food Hotels Travel Leisure Info Education

NEWS Local Business Events Life Photos Specials Video Success Stories

Contact Us | Terms and Conditions | Privacy Policy