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Since 1987 when China started keeping statistics on foreign investment, the country has accumulatively utilized foreign capital of more than 2 trillion U.S. dollars. Investment from the United States was 81.36 billion U.S. dollars, accounting for 4.06 percent, according to the MOC.

Both agreed that the Belt and Road cooperation has brought great opportunities to the development of China-Singapore ties, calling for efforts to enhance top-down planning and speed up Belt and Road cooperation from a strategic height and long-term perspective.

He said this is the first time that clinical data from a China manufactured stent has been published in such a prestigious medical journal.

Meanwhile, the coach training business is becoming more lucrative.

He also called on China and Singapore to jointly safeguard the rules-based multilateral trading system and contribute to the stability and prosperity of the world and the region.