Singapore and China roll out digital renminbi pilot for tourists

Deputy Prime Minister Gan Kim Yong (left) meeting Chinese Vice-Premier Ding Xuexiang in Chongqing, China, on Dec 15. -- PHOTO: MDDI via The Straits Times/ANN

CHONGQING, China (The Straits Times/ANN): Singapore and China announced a record 27 deals after top-level talks on Dec 15, including a pilot scheme to let Singaporean tourists use digital renminbi in China.

The new deliverables, spanning sectors from health and food to the digital economy, come as both countries call for deeper and broader ties amid geopolitical uncertainties, rapid technological changes and economic headwinds.