International cargo routes between China's southern island province of Hainan and Singapore have seen a steady increase in recent years. With the official implementation of the Regional Comprehensive Economic Partnership agreement, or RCEP, and the issuance of the Hainan Free Trade Port policy, cooperation in trade and investment has continued to deepen. Linwo has more for us in Hainan.

Yangpu Port is at the intersection of the New International Land-Sea Trade Corridor in western China and the 21st Century Maritime Silk Road. Since the COSCO Shipping "Hainan-ASEAN (Singapore)" Liner Route was launched at the end of 2018, Yangpu Port has become one of the important channels for economic and trade exchanges between Hainan and the ASEAN countries.

ZHOU CHANGMAO Dept. Mgr., Transportation and Port and Shipping Bureau Yangpu Economic Development Zone "After opening direct liner routes to Singapore, especially in recent years when shipping voyages have greatly increased, companies have more choices to reduce transportation costs in production."

So far, Yangpu has opened a total of 45 container liner routes, including 22 for domestic trade and 23 for foreign trade. Hainan has opened six container liner routes to Singapore, and a network that extends to the whole ASEAN region, the South Pacific, and the Indian Ocean, as well as with West Africa and South America.

ZHAN CHEN Chief, Comprehensive Analysis Section Haikou Customs "In the first 10 months of this year, the import and export value between Hainan and Singapore reached nearly 1.4 billion yuan, with imports and exports of 490 million yuan and 900 million yuan respectively."

In recent years, thanks to route resource advantages, transportation facilitation and tax incentives, Yangpu Port has continuously attracted foreign enterprises and ships.

MA RUIHONG General Manager Hainan Xuntong International Logistics Co. "We aim to make contributions to promote the construction of the Hainan Free Trade Port and the national development paradigm of 'dual circulation' by leveraging the industry experiences of CWT Group, the market advantages of Hong Kong, and the policy and resource advantages of the FTP, as well as deepening economic and trade exchanges among the different regions."

Lin Guangming, an overseas Chinese with Singaporean citizenship, came to Hainan in 2020 as a highly-skilled worker from overseas, and became the chief planner for the Yangpu Economic Development Zone management committee. Having engaged in urban planning for many years, he's trying to combine Singapore's ideas with local characteristics in planning for Yangpu.

LIN GUANGMING Chief Planner Yangpu Economic Development Zone Management Committee "I want to play the role of a bridge between Singapore and Hainan and create a city oriented towards both the world and the future by combining the advantages and realities of Hainan, especially the Circum-Xinying Bay region in Danzhou."

With the introduction of highly skilled workers, the increasing shipping routes and the close interaction among enterprises, exchanges and economic cooperation between Hainan and Singapore will be further strengthened. Lin Wo, Sansha Satellite TV in Hainan for CGTN.