Chinese President Xi Jinping (3rd L) meets with Singaporean Prime Minister Lee Hsien Loong (3rd R) in Singapore, Nov. 7, 2015. (Photo: Xinhua/Li Xueren)
Lee also suggested the project break new ground in bilateral cooperation.
Chongqing, as one of the four municipalities directly under the Chinese central government, now enjoys a thriving economy and is one of China's fastest-growing cities since 2014, with its economy expanding at 11 percent in the first three quarters of this year.
Since 2013, Singapore has been China's largest foreign investor for two consecutive years. Between 1990 and 2014, Singapore's cumulative investment in China totaled 72.3 billion U.S. dollars, according to official data from Singapore.
