Why Choosing Singapore As A New Way To Grow Wealth For Chinese?

Why Is Setting Up a Company in Singapore Becoming a New Choice for Wealth Growth for Chinese People?

In recent years, with the continuous development of China's economy and the acceleration of globalization, setting up companies in Singapore by Chinese people has gradually become an emerging trend. This phenomenon not only reflects the attention of Chinese entrepreneurs to international markets but also reveals the unique appeal of Singapore as a business hub.

Firstly, Singapore's superior geographical location and stable political situation have attracted a large number of Chinese enterprises. As an island country located at the center of Southeast Asia, Singapore is not only an important hub for East-West trade but also a key bridge connecting the Asian market with those in Europe and America. This geographical advantage enables companies to more efficiently explore international markets. Singapore's stability and transparent legal system also provide investors with security. The rule of law here allows businesses to operate in a fair and just environment, reducing unnecessary legal risks.

Secondly, Singapore boasts well-developed infrastructure and high-quality living conditions. Whether it’s a modern transportation network, advanced communication facilities, or quality educational resources and medical services, these elements offer employees of enterprises a comfortable working and living environment. This is crucial for attracting top talent. Meanwhile, various preferential policies provided by Singapore, such as tax breaks and entrepreneurship subsidies, also reduce operational costs for start-ups and small-to-medium-sized enterprises, enhancing their competitiveness.

Thirdly, Singapore is a multicultural nation, which provides enterprises with rich cultural resources and broad market potential. Here, people from different cultures and backgrounds coexist harmoniously, forming an inclusive social atmosphere. For Chinese enterprises looking to enter the ASEAN market or further expand their business in the Asia-Pacific region, Singapore is undoubtedly an ideal starting point. By establishing a base in Singapore, enterprises can better understand local market demands and expand into other regions based on this foundation.

It is worth noting that despite the global economic impact of the pandemic over the past year, Singapore has continued to maintain its position as a global financial center. According to the latest statistics, the number of newly registered enterprises in Singapore increased by about 15% in the first half of 2025, with a significant proportion coming from Chinese investments. This data indicates that even amid increasing global economic uncertainties, Singapore still possesses strong appeal.

Take a recent news story as an example A technology company headquartered in Shanghai established a research and development center in Singapore. The company's representative stated that the main reason for choosing Singapore was its abundant pool of technical talent and strong support for technological innovation. The close ties between Singapore and China also facilitated smoother cooperation mechanisms between the two locations. Such cases are not isolated; more and more Chinese enterprises are adopting similar strategic layouts.

In summary, setting up a company in Singapore has become a new choice for wealth growth among Chinese people because Singapore not only offers a favorable business environment and development opportunities but also opens the door to a broader world for enterprises. For those Chinese enterprises eager to achieve international development, Singapore is undoubtedly a worthy consideration. In the future, with the continuous deepening of economic and trade exchanges between the two countries, it is believed that more Chinese enterprises will choose to take root, bloom, and bear fruit in this beautiful garden city.