Does Guangdong really need Singapore's assistance with economic transformation?

Benzinga.com, 23 Aug 2012
The recently-concluded Singapore-Guangdong Collaboration Council (SGCC) meeting was consummated with the signing of 14 Memorandums of Understanding (MoUs) and agreements, marking a new milestone in Guangdong's economic transformation. The Council, which convened last week in Singapore, has also identified software development as an area for collaboration.
The SGCC has also confirmed the establishment of Media Hub and Automation Hub, two thematic projects in the Guangzhou Knowledge City. The hubs aim to advance media solutions as well as manufacturing services offerings. Full story