China News agency, Nanning, January 7 (Xinhua) Singapore Trade and industry officials said 7th that over the past 30 years, ASEAN has invested 52 billion U.S. dollars in the country, including 35 billion dollars in investment from Singapore. The second Secretary of trade and Industry of Singapore, Ms. Wu Fengping, in the "China-ASEAN FTA Forum" held here, Singapore's investment in China is very broad, while Chinese investment in Singapore has grown rapidly, with China's investment in Singapore rising from 500 in 1999 to more than 3,000 today. Zhenghua, a Chinese economist, said at the forum that China and ASEAN have a good investment posture and great potential for cooperation. 2008 China attracted ASEAN foreign investment of 5.46 billion U.S. dollars, an increase of 25%, China's investment in ASEAN 2.18 billion U.S. dollars, a year-on-year increase of 125%. The two sides will have better investment prospects as the two sides further open up the market, improve the investment environment and reduce the investment barriers. In this regard, the Chinese Government will do its utmost to promote cooperation between the two sides. "To the poor thousand, a higher level." "In addition to the first phase of our service commitment, we will soon be perfecting the second phase of our service commitments," Wu Fengping quoted Chinese ancient poetry, and the negotiators have now discussed and reviewed some sensitive product issues in order to further refine the trade agreement. "I believe that in the future, whether in trade in goods or in trade in services, or in the field of investment, we will further reduce the existence of barriers, not only tariff barriers, but also non-tariff barriers." "Wu Fengping said. "I believe that the FTA means very strong growth in China and ASEAN countries, and we are very confident!" ”
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