The Shandong–Singapore week aims to strengthen trade and cultural ties between Singapore and Shandong. [Photo/Dazhong News]

Singapore's investment in East China's Shandong is accelerating. In the first seven months of 2026, actual utilized Singaporean investment in the province rose 110.4 percent year-on-year, with 36 new Singapore-invested enterprises established.

The figures were released during the 2026 Shandong week in Singapore, held from Sept 14 to 17 to spotlight the growing partnership between the two regions.

A total of 657 Singapore-invested enterprises are currently operating in Shandong, with $8.54 billion in foreign investment utilized to date. Meanwhile, 172 Shandong companies have set up operations in Singapore, with direct investment reaching $12.63 billion.

Trade remains robust. In 2025, imports and exports between Shandong and Singapore totaled 57.13 billion yuan ($8.51 billion). Shandong's ceramics, leather, garments and auto parts are exported to Singapore, while electrical equipment, precision instruments and rubber products flow the other way. Shandong also signed new overseas contracting contracts worth $750 million in Singapore last year.

Flagship projects are taking shape. In Jining's Yutai county, an 11-billion-yuan lyocell fiber project funded by Singapore's RGE Group began production in March. In Jinan, development of the 66-square-kilometer Sino–Singapore Jinan Future Industry City is accelerating, with a green technology research institute jointly established by Nanyang Technological University and Shandong University.

People-to-people exchanges are flourishing. After visa-free travel took effect in February 2024, Shandong received 31,000 Singaporean visitors in the first half of 2026, up 101.8 percent year-on-year.