Singapore and China Enhance Digital Finance and Capital Markets Cooperation 中新两国将加强数字金融和资本市场之合作
On 7 December 2023, Singapore and China unveiled initiatives aimed at bolstering digital finance and capital market ties during the 19th Joint Council for Bilateral Cooperation (“JCBC”) – the apex bilateral platform convened annually to review the substantive collaboration between Singapore and China and chart new direction for cooperation between the two countries.
新加坡与中国于2023年12月7日在第19届中新双边合作理事会中公布了旨在加强双边数字金融和资本市场联系的倡议。该理事会是每年双边政府召开的最高级别的论坛，旨在审议新加坡与中国之间的实质性合作，并规划两国未来合作之方向。
KEY INITIATIVES:
主要倡议内容概述如下
- Cross-border E-CNY Pilot: Travellers from Singapore and China will be allowed to use e-CNY for tourism spending in both nations, simplifying transactions during overseas trips;
跨境电子人民币试点计划：新加坡与中国双边游客将能在两国使用电子人民币进行旅游消费，旨在简化海外旅行的支付交易程序； - Exchange Traded Funds (“ETF”) Product Link: Singapore Exchange (“SGX”) and Shanghai Stock Exchange (“SSE”) established an ETF Product Link, introducing CSOP Huatai-Pinebridge SSE Dividend Index ETF and CSOP iEdge Southeast Asia+ TECH Index ETF on SGX and SSE. This fosters collaboration among fund managers and enhances investor access to ETF products in each other’s markets;
交易所交易基金（ETF）产品链接：新加坡交易所（SGX）和上海证券交易所（SSE）拟建立ETF产品链接，在SGX和SSE上分别推出了华太证券-山钰中证上海股息指数ETF和华太证券-新兴东南亚科技指数ETF。该倡议有利于促进基金经理人之间的合作，并助于双边投资者获取双方市场上的ETF产品； - Memorandum of Understanding (“MOU”) between SGX and Guangzhou Futures Exchange: Parties have signed an MOU to collaborate on information exchange, mutual visits and training, and joint research on products and business areas relating to green development;
新加坡交易所与广州商品交易所之谅解备忘录（MOU）：双方签署了一份谅解备忘录（MOU），拟就关于绿色发展相关的信息交流、互访、培训以及业务领域的联合研究进行合作； - Remittance Linkage Feasibility Discussions: Singapore’s local banks and China’s UnionPay International are exploring a potential remittance linkage between Singapore’s PayNow and China’s UnionPay to facilitate secure and convenient cross-border payments and remittances; and
汇款链接可行性讨论：新加坡多家本地银行和中国银联国际正探讨新加坡的PayNow与中国的银联之间汇款链接的可行性，以便于促进安全便捷的跨境支付和汇款；以及 - China-Singapore Green Finance Task Force (“GFTF”): The GFTF held its inaugural meeting in April 2023 and are working on key initiatives, such as a green corridor for green and transition financing products, as well as capacity building.
中新绿色金融工作小组（GFTF）：GFTF于今年4月举行了首次会议，并正在落实关键举措，如建立绿色和过渡融资产品的绿色通道，以及能力建设等相关事项。
REFERENCES:
参考文献：
- https://www.mas.gov.sg/news/media-releases/2023/singapore-and-china-enhance-digital-finance-and-capital-markets-cooperation
- https://www.todayonline.com/world/pm-lee-xi-jinping-singapore-china-relations-2142281
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