Singapore aims to work more closely with Guangdong in finance, talent exchange and aviation

Besides financial services, he also called for more talent exchanges between Singapore and Guangdong.

On aviation, Mr Ong noted that China was the first country with which Singapore launched a"fast lane" arrangement for short-term and essential travel. Singapore is the first country in South-east Asia with such an arrangement with China. For example, local medical technology startup Star3D Material Development Company signed a memorandum of understanding with the Sino-Singapore Guangzhou Knowledge City Investment and Development to further develop and commercialise the use of dental 3D technology in China.

Guangdong, China's most prosperous province, lies at the heart of the Greater Bay Area - a mega economic zone that includes nine cities in the province, Hong Kong and Macau. Beyond the key cities of Guangzhou and Shenzhen, Singapore businesses have also ventured to new Greater Bay Area cities such as Huizhou, tapping on opportunities in sectors like smart city solutions and financial services.

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