新加坡经济增长为何能创40年来新高（Why Singapores economic growth hit a new high in 40 years）.doc

新加坡经济增长为何能创40年来新高（Why Singapores economic growth hit a new high in 40 years） Why Singapores economic growth hit a new high in 40 years? Singapores Ministry of trade and industry recently said that Singapores economic growth in 2010 will reach 14.7%, breaking the 1970 Singapore economic growth of 13.8% of the historical record, reaching a new high of 40 years. Affected by the international financial crisis, Singapore experienced the worst economic recession since the founding of the peoples Republic in 2009, leaving many Singaporeans worried about the prospects for the countrys economic recovery in 1965. But after entering 2010, Singapores economic performance has been good, from the first quarter to the fourth quarter, its economic growth has remained at more than 10%. Singapores rapid economic growth has benefited from the boom in the manufacturing sector. According to statistics, in the fourth quarter of 2010, Singapores manufacturing sector grew by 28.2%, and the growth mainly concentrated in the field of bio pharmaceutical and electronic industry. Biopharmaceutical, in particular, has become the driving force behind the growth of Singapores manufacturing sector. However, Singapores growth in the biopharmaceutical industry is likely to slow this year, according to Singapores Asia News website. In the electronics industry, Southeast Asia as one of the main consumer electronic products worldwide at present, the strong demand driven by the rapid development of the electronics industry in Singapore, Singapore electronics manufacturers seize the opportunity from the high growth and high yield in the electronics industry into a cup of soup. In addition, thanks to the rapid growth of financial services, Singapores third industry continued to grow healthily. In the fourth quarter of last year, Singapores third industry grew by 8.8% compared with the same period last year. At present, with the slow recovery of the world economy, Singapores major companies are actively exp