Last Saturday (22nd), Wang Shouwen, China’s International Trade Representative and Vice Minister of Commerce, met with a delegation led by Lim Boon Heng, Chairman of Temasek. Both parties exchanged views on China’s economic situation and Temasek’s investment cooperation in China.

Since the start of 2025, China’s economy has begun on a stable footing, with development trends shifting toward new and positive directions, Wang stated. The recently concluded "Two Sessions" of China further released positive policy signals, shoring up market confidence and expectations.

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At the same time, China will continue to expand its opening-up, proactively align with high-standard international economic and trade rules, intensify efforts to attract and stabilize foreign investment, and create a better business environment to support the growth of foreign enterprises, Wang added.

This year marks the 35th anniversary of diplomatic relations between China and Singapore, and Wang welcomed Temasek to further expand its investment and operations in China, share in China’s development opportunities, and contribute to the healthy and stable development of China-Singapore economic and trade relations.

Lim, on the other hand, noted that since dabbling China in 2004, Temasek has deeply engaged in the country’s economic development, with China becoming one of its most important investment destinations.

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During this visit, he personally felt an increase in innovation vitality in the Chinese market and further improvements in the business environment. Temasek remains confident in China’s long-term economic prospects and will continue to deepen its presence in the market.