Singapore did not withdraw its capital from Suzhou. On August 6, 2022, the 1 1 meeting of the Singapore-Suzhou Industrial Park Joint Committee was held online. Gan kim yong, Minister of Singapore's Ministry of Trade and Industry and Chairman of the Singapore Joint Commission, said in a video speech that since the establishment of the Sino-Soviet Joint Commission in 2008, the trade between the two places has been increasing, and it has exceeded $25 billion in 20021year. At the same time, two-way investment also shows a good development trend. As of June this year, Singapore has invested more than US$ 4.2 billion in Suzhou and Suzhou has invested more than US$ 3.7 billion in Singapore. Gan Jinyong said that Suzhou is a major investment town of Singapore in China, and Suzhou Industrial Park is a landmark project of Sino-Singapore cooperation. We look forward to further deepening cooperation between the two countries by further strengthening policy communication. Singapore will join hands with Suzhou to realize more innovations in commercial fields by using digital technology. Xu, Governor of Jiangsu Province, spoke on behalf of China. He said that since the establishment of the Sino-Soviet Joint Commission in 2008, the economic and trade cooperation between Suzhou and Singapore has achieved fruitful results, and the comprehensive development level of Suzhou Industrial Park has always ranked first in the country, and it has been encouraged by the special supervision of the General Office of the State Council for six consecutive times. He said that Jiangsu is currently making efforts to build an industrial science and technology innovation center with global influence. Suzhou will fully support the innovative development of Singaporean enterprises in Jiangsu and Suzhou. During the meeting, the signing of the 1 1 cooperation project further deepened the cooperation between the two sides. The leaders of Singapore and Sudan also witnessed the online signing of the 18 project, involving life sciences, medical health, intelligent manufacturing, environmental protection and other industrial fields.