China and Singapore have agreed to intensify joint efforts in building a new land-sea transit route so as to further improve connectivity between the two countries and beyond.
In talks with Singaporean Prime Minister Lee Hsien Loong Monday, visiting Chinese Premier Li Keqiang said that with the signing of a memorandum of understanding on the new logistics corridor, the two sides should build on the momentum and further boost two-way connectivity.
Lee said his country will join hands with China to build the new corridor so as to facilitate transport and trade between the two sides.
The emerging land-sea transport corridor consists of a number of cargo routes by land and sea connecting central and southwest China to Southeast Asia, particularly Singapore, an international shipping hub at the tip of the Strait of Malacca.
Experts say the corridor will help China to further open up to the world while opening a shortcut for Southeast Asian countries to enter the Chinese market.
