From June 11-12, Ambassador Cao Zhongming was invited to attend and addressed the RMB Internationalization Forum and Land-Sea Economic Forum of the 2025 CCI-ILSTC Trade and Financial Conference respectively, which were part of the "Chongqing Week in Singapore". Mr. Xu Jian, Vice Mayor of the Chongqing Municipality, Mr. Cai Zhao, Exucutive Vice President of Bank of China, and Mr. Leong Sing Chiong, Deputy Managing Director (Markets and Development) of Monetary Authority of Singapore attended the event. 

    Ambassador Cao said in his speeches that China and Singapore enjoy close economic and trade ties and deep cooperation in the financial field. Singapore has become one of the largest offshore RMB centers outside China. It is very meaningful to explore how to deepen the connectivity of China-Singapore financial markets and promote the cooperation and innovation in emerging fields. This year marks the 35th anniversary of the establishment of diplomatic relations between China and Singapore, as well as the 10th anniversary of the China – Singapore (Chongqing) Demonstration Initiative Connectivity on Strategic (CCI). Over the past ten years, CCI cooperation has been accelerated, and the construction of International Land-Sea Trade Corridor (ILSTC) has achieved remarkable results, which has effectively promoted exchanges and development among countries along the corridor. China hopes to work closely with ASEAN countries, including Singapore, to deepen regional economic integration and benefit all the people.