Singapore firms eyeing China market should target smart tech, green economy: EnterpriseSG
China's manufacturing network, technological capabilities and research and development offer Singapore firms opportunities to improve their products, lower costs and expand internationally.
Singapore firms eyeing the Chinese market should specifically target smart technology, advanced manufacturing, and the green economy sectors, according to Enterprise Singapore (EnterpriseSG). Executive Director Kow Juan Tiang highlighted the abundant opportunities available for firms offering innovative solutions, citing China's large market size, manufacturing capabilities, and supply chains.
China's rapidly growing robotics sector, with over 354,000 industrial robots installed in 2025, represents a significant opportunity for companies like Xnergy, which develops contactless charging solutions for autonomous robots. The company, which has witnessed exponential growth since entering China in 2021, aims to increase its production capacity by up to 100 times in the coming years.
Additionally, sustainability is a promising growth sector, supported by China's commitment to reducing carbon emissions and achieving carbon neutrality by 2060. Companies like SP Group are expanding their district cooling networks in Guangzhou, capitalizing on China's emphasis on sustainability. Despite the market's challenges, including a prolonged property slump and cautious consumer spending, EnterpriseSG advises Singapore firms to target expanding sectors and leverage their strengths to capitalize on the opportunities in China.
Written by urgent.news from Channel News Asia's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
