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Cross-Border E-Commerce Offers a New Platform for Sino-Foreign Economic and Trade Cooperation
At the Hengqin Cross-Border E-Commerce (Huafa) Innovation Industrial Park located in the northeastern part of Hengqin Island, more than 30 Chinese and international live streamers conducted store visits. As they moved between booths featuring beauty products, home goods, electronics, and other merchandise, they held up their phones to showcase these products to the online audience.
China is stepping up efforts to strengthen its infrastructure and logistics systems. Proactive measures have been adopted to accelerate the development of cross-border e-commerce comprehensive pilot zones, eliminate the registration requirement for overseas warehouses operated by cross-border e-commerce exporters, and further simplify related customs clearance procedures. Driven by these favorable policies, cross-border e-commerce platforms, enterprises, and service providers have experienced rapid growth in business. In the first half of this year, China’s cross-border e-commerce import and export volume reached approximately RMB 1.3 trillion, setting a new historical record.
Industry experts believe that the global cross-border e-commerce industry will usher in a new round of rapid expansion by seizing the opportunities presented by the internet and digital economy and riding the wave of China’s economic growth. As new markets and development spaces emerge in the field of cross-border e-commerce, China and other countries can leverage their complementary strengths to seize new opportunities, explore new forms of cooperation, and develop new business formats.
As of September 2025, the number of China’s “Silk Road E-commerce” partner countries had increased to 36. Since 2024, China has significantly promoted the diversification and systematic upgrading of overseas expansion models for Chinese private enterprises—including cross-border e-commerce—through measures such as signing memorandum of understanding (MoU) on e-commerce cooperation with other countries, assisting in hosting e-commerce exhibitions, and conducting overseas roadshows.

Russia is an important partner country in “Silk Road E-commerce” cooperation, and the industry has high expectations for the new development opportunities in cross-border e-commerce between the two countries. Chen Hailin, Director of the China Business Service Center for Wildberries, emphasized that there is huge potential for Chinese brands to enter the Russian market. At the end of 2024, the platform officially opened registration to Chinese sellers. In addition to establishing 5 branch centers and 4 incubation bases in China last year, the platform also plans to continue expanding its presence in the Chinese market in 2025.
Cross-border e-commerce has injected new momentum into economic and trade cooperation between China and Portuguese- and Spanish-speaking countries. Products from these countries, such as Chilean cherries, Mexican avocados and Brazilian nuts, have sold well in the Chinese market through e-commerce platforms.
Wang Ying, Executive Vice Dean of the Academy of China Open Economy Studies at the University of International Business and Economics, believes that the solid foundation for e-commerce development in Portuguese- and Spanish-speaking countries, trade facilitation measures between China and Portuguese-speaking countries, as well as the new industrial chain integrating the manufacturing sector of the Chinese mainland, Macao’s service sector, and Portuguese-speaking markets, will greatly boost the cross-border e-commerce cooperation between both sides.
As the cross-border e-commerce industry ecosystem becomes increasingly mature, different players along the chain are beginning to offer more specialized services, help cross-border e-commerce enterprises expand overseas steadily and continuously broaden the space for economic and trade cooperation.
Logistics is vital to the efficient operation of cross-border e-commerce. Along the maritime extension of the Hong Kong-Zhuhai-Macao Bridge (HZMB), logistics hubs such as the Guangdong-Hong Kong-Macao Logistics Park, the Airport International Smart Logistics Park, and the Gaolan Port Comprehensive Bonded Zone are functioning efficiently. Every day, 1.5 million parcels and goods worth over RMB 600 million are shipped to the world via the bridge. “Macao, Hengqin, and Zhuhai have formed an economic pattern of ‘gateway, hub and hinterland’. From Hengqin, it takes just 20 minutes to reach Macao International Airport, 30 minutes to Zhuhai Airport, 45 minutes to Hong Kong International Airport, and one hour to Shenzhen Bao’an International Airport. The area is well-connected by expressways, intercity rail, and high-speed rail under planning, making the five major ports of the Greater Bay Area easily accessible,” said Nie Xinping, Deputy Secretary of the Hengqin Working Committee of the CPC Guangdong Provincial Committee, Director of the Hengqin Office of the Guangdong Provincial People’s Government, and Deputy Director of the Executive Committee of the Cooperation Zone.
According to Gong Weiguo, General Manager of China Southern Air Logistics Co., Ltd., the company has transported more than 700 million cross-border e-commerce parcels since 2022, with a total cargo volume of 590,000 tons and an average annual growth rate of 85%. In alignment with national strategies and the development of cross-border e-commerce, the company will focus on strengthening its transport capacity and operational capabilities in the Middle East, Latin America, Southeast Asia, Central and West Asia, and other countries participating in the Belt and Road Initiative, to build a broader and more reliable “Silk Road in the Air”.
Zhuhai and Hengqin are becoming important forces in promoting the innovative development of cross-border e-commerce. Plans are underway to establish the China-Portuguese (Spanish) Speaking Countries Economic and Trade Service Center in Hengqin, which will help enterprises expand into overseas markets, with a particular focus on Portuguese-speaking countries.
“Portuguese- and Spanish-speaking countries represent a vast blue ocean market. For example, the bulk commodities and biotechnology industries in Brazil are highly complementary to the electronics and new energy vehicle sectors in the Chinese mainland,” said Wu Yanxiang, Deputy Head of the Interdepartmental Preparatory Working Group for the Center. “We adopt a government-led, market-oriented approach to addressing the pain points of industries such as cross-border e-commerce, high-end manufacturing, and digital economy and thus providing one-stop comprehensive solutions,” Wu added.
Looking ahead, Wu Zetong, Mayor of Zhuhai, said that the city will continue to fully support the development of the Guangdong-Macao In-Depth Cooperation Zone in Hengqin. In order to promote the high-quality development of the cross-border e-commerce industry, the city will continuously explore new models, cultivate new brands and build new platforms. Further efforts will be made to empower new drivers for foreign trade and facilitate the innovative development of foreign trade.
Hashtag: #HuafaShangduCommercialOperationCo
The issuer is solely responsible for the content of this announcement.
Media OutReach
SIM and the True Worth of Education: Beyond Tuition Fees
Local Public Universities: Affordable and Prestigious
Singapore’s autonomous universities remain among the most cost-effective options for Singapore citizens, thanks to the Ministry of Education’s Tuition Grant. For example, undergraduate programs at NUS and NTU cost around S$8,250 per year for Singaporeans, while SMU averages S$11,500 annually. Other institutions such as SUTD, SUSS and SIT fall within similar ranges, typically between S$8,000 and S$13,500 per year. Over a three- to four-year degree, this translates to roughly S$25,000 to $54,000 in tuition fees.
The autonomous universities offer strong reputations and excellent graduate outcomes, but entry to some programme is highly competitive, and program flexibility may be limited compared to private or overseas options.
Overseas Universities: Prestige Comes at a Price
For families considering an overseas education, costs escalate dramatically. Tuition at U.S. private universities averages US$50,000 to US$60,000 per year (about S$70,000 to S$84,000), with living expenses adding another US$10,000 to US$15,000 annually. In the UK, fees range from £10,000 to £38,000 per year (approximately S$17,000 to $65,000), while Canada and Australia typically charge S$14,000 to $28,000 for tuition alone. Factoring in accommodation, travel, and insurance, a four-year overseas degree can easily exceed S$150,000.
While these programs offer prestige and cultural immersion, they also involve significant financial, visa, and lifestyle considerations.
SIM Global Education: International Degrees at Local Cost
SIM offers a compelling alternative for students seeking global credentials without the high cost of studying abroad. Through partnerships with leading universities from the UK, Australia, the U.S., Canada, and Europe, SIM delivers more than 140 programs in Singapore, allowing students to earn internationally recognized degrees, essentially the same degree if you studied overseas, but locally at SIM. Tuition fees vary by program, for example, a University of London BSc ranges from S$26,685 to S$42,835, a University of Birmingham top-up degree costs S$42,000 to S$57,100, and a degree from the University at Buffalo falls between S$41,700 and S$74,600 for Singaporeans.
Beyond competitive pricing, SIM emphasizes value. Degrees are awarded by partner universities and aligned with global academic standards. The institution holds EduTrust Star certification and ISO accreditation, ensuring the best quality assurance. Students benefit from bond-free scholarships and bursaries, as well as Career Connect services that provide internships, mentoring, and employer networking. Graduate outcomes are strong, with nearly 80% of SIM graduates securing employment within six months of graduation.
Why Value Matters as Much as Cost
Choosing a degree isn’t just about tuition fees, it’s about the total investment, which includes living costs, global recognition, and career outcomes. Local autonomous universities such as NUS, NTU, and SMU remain highly attractive for their subsidized fees and strong reputations, making them one of the most cost-effective options for Singaporeans. However, entry is competitive, and program flexibility may be limited.
On the other end of the spectrum, overseas universities offer prestige and cultural immersion but often come with six-figure costs and additional living expenses. This is where SIM provides a strategic middle ground, delivering internationally recognized degrees from leading global universities at local cost. Students gain access to global curricula, industry-ready skills, and career networks without the financial burden of relocating overseas. For families seeking international exposure at sustainable costs, SIM combines affordability with the value of global education
References:
- NUS Fees for Undergraduate Programmes – https://www.nus.edu.sg/registrar/docs/info/administrative-policies-procedures/ugtuitioncurrent.pdf
- NTU Fees for Undergraduate Programmes – https://www.ntu.edu.sg/docs/default-source/onestop@sac/2025/tuition-fees-ft-ay2025_12mar25.pdf?sfvrsn=b8c5474_1
- SMU Fees for Undergraduate Programmes – https://admissions.smu.edu.sg/financial-matters/tuition-fees-grant
- SUTD Fees for Undergraduate Programmes – https://www.sutd.edu.sg/admissions/undergraduate/education-expenses/fees/tuition-fees/
- SUSS Fees for Undergraduate Programmes – https://www.suss.edu.sg/admissions/financial-matters/tuition-fee-subsidy/full-time-undergraduate
- SIT Fees from Undergraduate Programmes – https://www.suss.edu.sg/admissions/financial-matters/tuition-fee-subsidy/full-time-undergraduate
- Comparison of Tuition Fees in US, UK, Canada and Australia – https://uninist.com/blog/financial-planning/comparison-of-tuition-fees-guide
- How much does college cost in 2025 – https://research.com/universities-colleges/how-much-does-college-cost
- Price of attending undergraduate institutions – https://nces.ed.gov/programs/coe/indicator/cua
- University of London Bachelor Degree – https://www.sim.edu.sg/degrees-diplomas/programmes/programme-listing?academic=2%7C&programmetype=1%7C3&university=1%7C
- University of Brimingham Bachelor Degree – https://www.sim.edu.sg/degrees-diplomas/programmes/programme-listing?academic=2%7C&programmetype=1%7C3&university=10%7C
Hashtag: #SIMGlobalEducation #SIMGE #GlobalEducation #InternationalDegree #CareerReady #FutureSkills
The issuer is solely responsible for the content of this announcement.
About SIM Global Education
SIM Global Education (SIM GE) is a leading private education institution in Singapore and the region. We offer more than 140 academic programmes ranging from diplomas and graduate diploma programmes to bachelor’s and master’s degree programmes with some of the world’s most reputable universities from Australia, Canada, Europe, United Kingdom, and the United States. SIM GE’s cohort is made up of 16,000 full- and part-time students and adult learners, of which approximately 36% are international students hailing from over 50 countries.
SIM GE’s holistic learning approach and culturally diverse learning environment aim to equip students with knowledge, industry skills and employability competencies, as well as a global perspective to succeed as future leaders in a fast-changing, technologically driven world.
For more information on SIM Global Education, visit sim.edu.sg
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A-Level vs Polytechnic: Understanding different pathways offer competitive edge at SIM
Conversely, Polytechnic programmes emphasize applied learning, incorporating projects and industry attachments, and culminate in a diploma after three years. Understanding how these distinct approaches translate into admission considerations at SIM, one of Singapore’s leading private education institutions, is essential.
For students and parents, evaluating these options is critical to determining which pathway offers the greatest advantage in today’s competitive education landscape.
Applying with A-Levels
For students who have completed A-Levels, SIM requires applicants to meet the academic and English language criteria specified for each degree programme. According to SIM’s admissions process, candidates must submit their GCE A-Level certificates and transcripts along with other supporting documents. Entry is subject to programme-specific requirements set by SIM and its universities partner from Australia, Canada, Europe, the United Kingdom, and the United States. This pathway allows applicants to begin their degree studies immediately after junior college, provided they meet the specific entry requirements for their chosen programme.
Applying with a Polytechnic Diploma
Polytechnic graduates may be eligible for advanced standing and credit exemptions when applying to SIM’s degree programmes. The amount of exemption depends on the relevance of the diploma and the chosen degree. For example, IT-related diplomas from local polytechnics can receive up to two years of credit exemptions for certain programmes, such as those offered by the University of Wollongong, provided the applicant meets GPA requirements (typically 2.0 or above). Other diplomas may receive partial exemptions on a case-by-case basis. These exemptions reduce both time and cost, making SIM an attractive option for Polytechnic graduates who want to build on their applied learning experience.
Why It Matters
According to the Ministry of Education (MOE) statistics in 2021, roughly one in three Polytechnic graduates progress to local autonomous universities, compared to about four in five A‑Level and International Baccalaureate graduates. This gap underscores the importance of additional pathways such as SIM, which enable Polytechnic graduates to earn globally recognised degrees and expand their career prospects.
Student Stories: Two Potential Paths to Success at SIM
At SIM, students have the flexibility to shape their academic journey based on their background and career goals. For some, it’s about gaining a head start; for others, it’s about leveraging credit exemptions to fast-track progress. Ashley Ong and Violet Weng exemplify these two pathways, each leading to success in its own way.
Ashley Ong, an A-Level graduate, chose to begin her degree journey with the University at Buffalo Bachelor of Science in Business Administration. She embraced every opportunity SIM offered such as internships, hackathons, and networking events, building practical skills and global perspectives that prepared her for a competitive business world.
Meanwhile, Violet Weng, a Singapore Polytechnic graduate, opted for a different approach. While pursuing her RMIT Bachelor of Business (Economics and Finance), Violet leveraged SIM’s credit exemptions to shorten her study duration and reduce costs, all while working full-time. This flexibility allowed her to balance work and study, accelerate graduation, and advance her career without compromise.
Both stories highlight SIM’s commitment to offering customized pathways for students whether you’re starting fresh or building on prior learning.
Conclusion
Whether you come from an academic route like A-Levels or an applied learning path through Polytechnic, the journey to a degree can look very different. A-Level graduates often enjoy a head start with direct entry, while Polytechnic graduates benefit from credit exemptions that recognize their practical skills. Both pathways reflect Singapore’s evolving education landscape where flexibility and global opportunities matter more than ever.
References:
- MOE Post-Secondary – https://www.moe.gov.sg/post-secondary/
- SIM Application Process – https://www.sim.edu.sg/degrees-diplomas/admissions/application-process
- SIM-UOW Credit Exemption Table – https://www.sim.edu.sg/getmedia/9c0ad90d-5910-4d47-b044-f815188a4b16/sim002856.pdf
- MOE Education Statistics Digest – https://www.moe.gov.sg/about-us/publications/education-statistics-digest
- Polytechnic graduates progression and subsidies for PEIs – https://www.moe.gov.sg/news/parliamentary-replies/20210510-polytechnic-graduates-progression-and-subsidies-for-peis
- askST: How many uni places are there for Singaporeans? Is there a quota for poly grads? – https://www.straitstimes.com/singapore/how-many-uni-places-for-locals-any-quota-for-poly-grads
- How 6 internships, 4 hackathons, and CCAs paved the way for Ashley – https://www.sim.edu.sg/articles-inspirations/how-6-internships-4-hackathons-and-ccas-paved-the-way-for-ashley
- How this graduate pivoted her career by pursuing a degree while working full time – https://www.sim.edu.sg/articles-inspirations/how-this-graduate-pivoted-her-career-by-pursuing-a-degree-while-working-full-time
Hashtag: #SIMGlobalEducation #SIMGE
The issuer is solely responsible for the content of this announcement.
About SIM Global Education
SIM Global Education (SIM GE) is a leading private education institution in Singapore and the region. We offer more than 140 academic programmes ranging from diplomas and graduate diploma programmes to bachelor’s and master’s degree programmes with some of the world’s most reputable universities from Australia, Canada, Europe, United Kingdom, and the United States. SIM GE’s cohort is made up of 16,000 full- and part-time students and adult learners, of which approximately 36% are international students hailing from over 50 countries.
SIM GE’s holistic learning approach and culturally diverse learning environment aim to equip students with knowledge, industry skills and employability competencies, as well as a global perspective to succeed as future leaders in a fast-changing, technologically driven world.
For more information on SIM Global Education, visit sim.edu.sg
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K. Wah Group Donates Additional HK$12.07 Million for Tai Po Recovery
Chairman Mr. Francis Lui Urges Public to Turn Compassion into Action and Vote 7 December
HONG KONG SAR – Wechat: 嘉华集团 K. Wah Group
https://www.youtube.com/@kwahgroup
The issuer is solely responsible for the content of this announcement.
About K. Wah Group
K. Wah Group was founded in 1955 by Dr. Lui Che Woo and has since grown into a diversified multinational corporation. Its core businesses span property development and investment, integrated resort and entertainment, hospitality, and construction materials.
The Group has a strong presence in Mainland China, Hong Kong, Macau, Southeast Asia, and key international markets. Its major subsidiaries include two Hong Kong-listed flagships: K. Wah International Holdings Limited (HKEX: 00173), focused on premium property development and investment; and Galaxy Entertainment Group Limited (HKEX: 00027), a constituent of the Hang Seng Index and a leading gaming and entertainment operator in Macau. Other key members of the Group include Stanford Hotels International and K. Wah Construction Materials Limited. Today, K. Wah Group comprises over 200 subsidiaries worldwide.
Website:
http://www.kwah.com
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