With the steady recovery of China's economy, overseas Chinese businessmen have come to seek business opportunities and negotiate cooperation. On March 3, the 29 Tianfu Tour for well-known overseas Chinese businessmen at home and abroad came to an end in Chengdu, Sichuan. In five days, more than 2023 overseas Singaporean businessmen went to Chengdu, Mianyang and other places in Sichuan Province to carry out economic and trade investigation and cultural exchanges, and seek business opportunities and cooperation.

【Commentary】Wang Mingxu, director of the Singapore Tianfu Youth League, visited Sichuan for the second time. As a young overseas Chinese businessman who has studied information and computer engineering for many years, he paid close attention to the development of Sichuan's electronic information industry during his trip.

【During the same period】 Wang Mingxu, director of the Singapore Tianfu Society Youth League

When I came to Sichuan, I also saw the ability of hardware development such as microelectronic devices here, so I am very concerned about these enterprises. If there is a suitable project, I will also want to invest. When I came to Sichuan this time, I also learned that there are also a lot of new energy development in Sichuan. Because in Singapore, new energy has also begun to be widely used, just like in residential or commercial areas, which are equipped with many solar panels. Sichuan and Singapore could have more cooperation in this regard.

Singapore is the second largest source of foreign investment in Sichuan. Data show that by the end of 2022, Singapore had established a total of 737 foreign-invested enterprises (institutions) in Sichuan, with foreign direct investment of US$41.8 billion. Du Zhiqiang, president of the Singapore Tianfu Association, introduced that at present, the Singapore Tianfu Association has more than 3000,10 members, of which more than <> members have invested in Sichuan.

【Contemporaneous】 Du Zhiqiang, president of the Singapore Tianfu Association

There are incubators in Chengdu's Gaoxin West District, food, cosmetics and real estate industries in Mianyang, real estate in Chengdu, and some other areas (investment), I know there are about 10 people (Singaporean overseas Chinese businessmen). This time, more than 30 people came to our group, and we are very much looking forward to our team members being able to communicate and combine closely with the area we visited, sign some investment agreements, and land some projects in their hometowns. I estimate that maybe we are in the field of food processing, medicine and science and technology, and some friends in these three sectors may be interested in landing.

【Commentary】The entrepreneurs of this visiting group involve many industries such as finance, construction, and banking. Du Zhiqiang said that business exchanges are very convenient now, and I believe that more overseas Chinese businessmen from Singapore will visit Sichuan.

【Contemporaneous】 Du Zhiqiang, president of the Singapore Tianfu Association

In the actual completion of many projects, face-to-face communication is still required. Therefore, such field visits, negotiation of landing projects, and understanding of government policies are still needed and very necessary. (As the whole of China pushes forward the development of the economic situation, I believe that more and more members of our association and overseas Chinese are full of confidence to return to Sichuan to return to their hometown to investigate, to seek some business opportunities, and we can land here, we will match them."

Chen Xuanbin reported from Chengdu

Responsible Editor: [Luo Pan]