The Suzhou Industrial Park and the Tianjin Eco-city, another flagship bilateral cooperation project, will be encouraged to play a bigger role in pilot cross-border Renminbi operations. Efforts will also be made to boost the cooperation in international financial regulation and regulation of the derivatives markets.

　　The two countries also agreed to boost the cooperation in education and human resources, and push for the establishment of a China-Singapore cooperation research center. The think tank organizations will also be encouraged to boost their exchanges and dialogues.

　　They also agreed to boost their cooperation in the pursuit of inclusive and sustainable growth, in areas such as environmental protection, low-carbon growth and green building. The two sides also agreed to make efforts to establish cooperation mechanisms in food safety.

　　At a separate meeting, Zhang said the Suzhou Industrial Park has yielded fruitful results during the nearly 20 years, with valuable experiences gained in building industrial parks. As China 's economic reform is deepening, the Suzhou Industrial Park should change its development mode via mechanism innovation, with an aim to realize better quality and efficiency of its growth.

　　Financial services, social management and technological innovation are the main areas China and Singapore need to further cooperate in the future development of the Suzhou Industrial Park, he said.