Businesses should continue to focus on China and explore opportunities to expand their presence in the world's second-largest economy, Singapore Minister for Trade and Industry Gan Kim Yong said Friday.
While China may face headwinds in its economic recovery in the near term, Singapore trade and industry minister Gan Kim Yong said the country has strong long-term prospects."if you take a deeper look, when I engaged the businesses and the people on the ground, I think the sense it gives me is that China's fundamentals are strong,” Gan said on CNBC' s "Squawk Box Asia."
He pointed that China has a huge domestic market, as well as a highly educated and competitive workforce.
The country's investments in infrastructure will also put it in a good position to recover in the longer term, Gan added.
"So I think in the meantime, in the immediate future, they will see headwinds, but I think in the longer term, the fundamentals remain strong.”
新加坡贸工部部长颜金勇周五表示，新加坡企业应继续关注中国，并探索扩大在中国业务的机会。尽管中国短期内经济复苏可能面临阻力，但新加坡贸易和工业部长颜金勇表示，中国拥有强劲的长期前景。颜金勇在CNBC 的“Squawk Box Asia”节目中表示，“你需要更深入地观察。当我与中国的企业和当地人民接触时，给我的感觉是，中国的基本面十分强劲，具有巨大的韧性。”
他指出，中国拥有巨大的国内市场，以及受过高等教育且具有竞争力的劳动力。颜金勇补充说，国家对基础设施的投资也将使其处于长期复苏的有利位置，“所以我认为，在不久的将来，他们可能会遇到阻力，但我认为从长远来看，基本面仍然会保持强劲。”
