Exchange of information on managing hotels, on travel agencies and on tourist guides;
cooperation in training personnel;
cooperation in airport management (Gu Mu said that discussions on the development of Hongquiao airport in Shanghai have been smooth and that China might invite Singapore consultants to help expand and manage airports at Xian and Hangzhou);
- simplification of travel formalities
The establishment in Singapore of a permanent exhibition of Chinese historical and cultural artefacts.
4. Gu Mu said that China aimed to be able to receive ten million tourists annually by the end of the century. To achieve this, China would need to build more: hotels, to train managers and professionals and to develop transport and communications. In China's eyes, Singapore entrepreneurs had the advantage not only of advanced technology and good managerial skills but also the similarities of language, customs, culture and tradition.
As a result, Singapore investors were already doing well in China (more than 40 industrial and hotel contracts had, he said, been concluded) and there was scope for much more Singapore investment and more joint projects.
Other Areas of Economic Cooperation
5. At a press conference Gu Mu expressed his admiration for Singapore's physical development and said that China would like to tap its expertise in housing, urban redevelopment and public works in particular.
Other areas he identified as having potential for cooperation were:
exploration and development of natural resources;
- factory construction and operation;
- horticulture and animal husbandry (a strange choice given the relatively small size of these sectors in the Singapore economy); - personnel training and skills development
The Singapore side would also like to get into port management and development in China, an area where they believe Port of Singapore authority has much to offer.
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