Singapore Seminar Held on Sustainability and Economic Cooperation


On the 27th of January, the seminar titled "The Imperative of Sustainable Development and Cross-Border Economic Cooperation" was successfully convened at the Bank of China Singapore Branch (BOCSB) building. This event was a collaborative effort between the Shanghai Advanced Institute of Finance (SAIF), BOCSB, the China Enterprises (Singapore) Association Finance Committee, and the Association of Chartered Certified Accountants (ACCA).

The seminar was graced by a keynote address delivered by Guangshao Tu, Executive Director of SAIF, and attended by over 80 representatives from scholarly circles, Chinese and Singaporean financial institutions, enterprises, and think tanks.

In his address, Mr. Tu elucidated the current global landscape of sustainable development, employing comprehensive data and analysis to discuss pressing issues related to the core principles, intrinsic requirements, and implementation pathways for enterprises promoting sustainable development. He emphasized the urgency and importance of sustainable development for Chinese enterprises expanding globally, asserting that it is a critical factor determining the survival and success of these enterprises in cross-border economic and trade cooperation.

Mr. Tu acquainted the participants with SAIF's initiatives in sustainable cross-border economic and trade cooperation. SAIF is committed to nurturing internationalized financial and business talents. With the ongoing promotion of the Belt and Road Initiative and the continuous development of economic and trade cooperation between China and ASEAN, an increasing number of Chinese enterprises are entering Southeast Asian markets, leading to a surge in demand for related talent. In response to this market demand, SAIF established the Southeast Asia Center in July 2023. This center aims to serve the sustainable economic and trade cooperation between China and Southeast Asian countries by cultivating internationalized financial and business talent for the Southeast Asian market through research, curriculum teaching, and international cooperation.

The seminar also featured speeches from Kouqing Li, Director of the ASEAN+3 Macroeconomic Research Office, Professor Jie Hu, Executive Director of the SAIF Southeast Asia Center, and Sharath Martin, Senior Policy Advisor of the ACCAS. During the discussion session, participants exchanged insights on supporting the sustainable development of enterprises and facilitating the transition to green finance.