Programmes & schemes for market expansion
Singapore–China YRD (Jiangsu) Joint Innovation Call
Singapore–China YRD (Shanghai) Joint Innovation Call
Singapore–China YRD (Zhejiang) Joint Innovation Call
Singapore’s Bilateral Agreements with China
-
ASEAN–China Free Trade Area (ACFTA)
The ACFTA eliminates tariffs for 94.6% of exports to China that originate from Singapore, safeguards market access and ensures a more predictable operating environment for service suppliers.
It expands market access and improves foreign equity threshold in six of China’s services sectors. The agreement also provides investors and investments with protection by establishing a more transparent, facilitative and secure environment for investors.
-
China–Singapore Free Trade Agreement (CSFTA)
The bilateral CSFTA signed between Singapore and China enhances Singapore-based companies' access to the vast Chinese market and boosts bilateral trade and investment relations.
Building on the commitments of ACFTA Trade in Goods Agreement, CSFTA provides for accelerated tariff concessions that will enhance the competitiveness of Singapore goods vis-à-vis other foreign imports into China. The CSFTA is also the first comprehensive bilateral FTA concluded by China with an Asian country, covering areas ranging from trade in goods and services, to investment and economic cooperation, among others.
-
Mutual Recognition Arrangement (MRA)
Companies under the Authorised Economic Operator (AEO) programmes enjoy faster customs clearance not only when exports leave their own country, but also when they arrive in the other MRA country.
Under the MRA, China will recognise goods exported by Singapore’s certified companies under the Secure Trade Partnership (STP) programme as being of lower risk. Likewise, Singapore will recognise goods exported by China’s AEO companies as being of lower risk. -
Regional Comprehensive Economic Partnership (RCEP) Agreement
The RCEP Agreement builds on existing bilateral agreements that ASEAN has with its free trade partners. It is the world’s largest FTA, comprising about 30% of global GDP and about a third of the world’s population.
The RCEP Agreement will further broaden and deepen Singapore’s economic linkages and connectivity with the region, open up opportunities and provide businesses with preferential access in the region.
-
Singapore–China Double Tax Avoidance Agreement (DTA)
DTAs provide relief from double taxation in the situation where income is subject to tax for both countries.
The provisions of the DTA apply to persons who are residents of one or both of the Contracting States. Please refer to IRAS for more information. Read more