A TOTAL of 37 cooperation projects worth approximately US$4.17 billion were inked within the framework of a China-Singapore connectivity initiative Tuesday, according to the initiative’s management bureau.

These projects involve one of the largest foreign investment activities organized by Southwest China’s Chongqing Municipality. A total of 119 personnel from government agencies and Singaporean companies in China attended the event.

Among the cooperation projects signed this time, there are 29 commercial cooperation projects with an amount of approximately US$3.21 billion and eight financing projects worth US$960 million.

Business cooperation projects involve urban development, finance, logistics, information and communication, and other fields.

As of now, 147 commercial cooperation projects and 192 cross-border financing projects, with a total amount of approximately US$24.6 billion and US$17.16 billion respectively have been signed as part of the China-Singapore (Chongqing) Demonstration Initiative on Strategic Connectivity. (Xinhua)