Award Categories and Criteria
Business China Enterprise Award
This award will go to a company/organisation/institution that has best demonstrated exceptional drive and vision as well as enjoyed substantial growth in its business in Singapore or China, respectively.
Candidate must be a Singapore company/organisation/institution or a Chinese company/organisation/institution registered in Singapore
The nominees for Business China Enterprise Award are assessed in 6 key areas:
- Contribution to Singapore-China Relations
- Contribution to the Singapore and China's Development
- Financial Performance
- Company/Organisation Management
- Contribution to the Community in both Singapore and China
1. Contribution to Singapore-China Relations
The company/organisation/institution must have made a major contribution to Singapore-China relations.
2. Contribution to the Singapore and China's Development
The company/organisation/institution must contribute to the development of Singapore and China, in areas such as bilateral, social and economic development, creation of employment opportunities and nurturing of youths and talents. The candidate also strategically aligns their businesses to the national interest of Singapore and China, creating values for their businesses, the industry sector, the respective supply chain, partners and other companies in both countries.
3. Financial Performance
The candidate must have an outstanding and sustained growth in profits, sales and business developments in its related business in Singapore or China, respectively. In assessing the financial/business performance of the company/organisation/institution, the history of the establishment will also be taken into consideration.
The company/organisation/institution will be assessed on the success of its product innovation. For Singapore companies/organisations/institutions, the focus will be on the penetration of the China market through its ability to draw on the enterprise and expertise of its Singapore base. For China companies/organisations/institutions based in Singapore, the focus will be on its business operations in the Singapore market.
5. Company/Organisation Management
The company/organisation/institution must display an effective management style and have a viable organisational structure. The company must have a track record of establishing and maintaining harmonious relations within the organisation and set examples for the industry it is in.
6. Contribution to the Community in both Singapore and China
The candidate must have made a major contribution to enhance the quality of life of the community in Singapore and China. Examples include those who have supported the COVID-19 relief efforts, initiated the philanthropy works to help the disadvantaged and provided technical support to the communities in Singapore and China.