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Singapore expands Global Innovation Alliance network to China’s Shenzhen

Abstract : Enterprise Singapore, the government agency championing enterprise development, said in a media factsheet Tuesday that the Global Innovation Alliance (GIA) network has been expanded to include Shenzhen, which will be the fourth GIA node in China.

SINGAPORE, Dec. 8 (Xinhua) — Enterprise Singapore, the government
agency championing enterprise development, said in a media factsheet
Tuesday that the Global Innovation Alliance (GIA) network has been
expanded to include Shenzhen, which will be the fourth GIA node in
China.

It said that the addition of Shenzhen brings the total GIA network to
15 cities globally and will now enable Enterprise Singapore to support
the foray of Singapore innovative startups and small and medium
enterprises into China through Shenzhen.

The government agency said it signed the Memorandum of Understanding
with the Shenzhen Municipal Service Bureau for Small and Medium-sized
Enterprises in June 2020, to promote cooperation in innovation and
entrepreneurship activities between Singapore and Shenzhen, as part of
the Singapore-China (Shenzhen) Smart City Initiative.

Under the MOU, the Shenzhen authority will also establish a landing
pad in Singapore to run innovation activities in Singapore for
Shenzhen-incorporated entities.

According to the media factsheet, GIA was launched in 2017 as part of
the Committee of the Future Economy recommendations to strengthen
Singapore’s connections to major innovation hubs around the world.

The 15 GIA node cities are Shenzhen, Beijing, Suzhou and Shanghai in
China; Manila in the Philippines; Jakarta in Indonesia; Ho Chi Minh City
in Vietnam; San Francisco in the United States; Berlin and Munich in
Germany; Paris in France; London in Britain; Tokyo in Japan; Bangalore
in India; and Bangkok in Thailand. Enditem

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Xinhua Silk Road (en.imsilkroad.com) is the Belt and Road Initiative (BRI) portal.China’s silk road economic belt and the 21st century maritime silk road website,includes BRI Policy, BRI Trade, BRI Investment, Belt and Road weekly, Know Belt and Road, and the integrated information services for the Belt and Road Initiative (BRI).

Source: Singapore expands Global Innovation Alliance network to China’s Shenzhen

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