Overview
- Five agreements set a 10‑year plan for the Chongqing connectivity initiative, extending cooperation into healthcare, education, green finance and digital trade.
- DBS was designated Singapore’s second renminbi clearing bank, complementing ICBC’s existing role.
- ICBC and Bank of China branches in Singapore will begin a phased e‑CNY wallet pilot in December for Singapore travellers, including offline NFC payments in China.
- Singapore’s Health Ministry and China’s National Health Commission agreed to cooperate on disease prevention, healthy ageing, aged care policy, and women’s and children’s health.
- A separate pact between Singapore’s Ministry of Law and China’s trade council targets joint work on international commercial dispute resolution, intellectual property management, and legal frameworks for the digital and green economy.