[🇧🇩] China is a Time Tested Friend and a Strategic Partner of Bangladesh

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Bangladesh, China sign two MoUs to boost bilateral trade

Bangladesh and China today signed two Memorandum of Understandings (MoUs) for forming Joint Working Group and on e-commerce affairs to boost bilateral trade, commerce and investment. Commerce Adviser Sk. Bashir Uddin and Chinese Commerce Minister Wang Wentao signed the MoUs on behalf of their resp

thefinancialexpress.com.bd

Bangladesh, China sign two MoUs to boost bilateral trade

Published :
May 31, 2025 22:15
Updated :
May 31, 2025 22:19

Bangladesh and China today signed two Memorandum of Understandings (MoUs) for forming Joint Working Group and on e-commerce affairs to boost bilateral trade, commerce and investment.

Commerce Adviser Sk. Bashir Uddin and Chinese Commerce Minister Wang Wentao signed the MoUs on behalf of their respective sides at a hotel in the capital today, BSS reports.

Earlier, the Chinese Commerce Minister arrived in Dhaka today to discuss trade and investment opportunities with Bangladesh and elevate the ‘Comprehensive Strategic Cooperative Partnership’ between the two countries to a new height.
Wang is leading a delegation consisting of over 100 Chinese companies to visit Bangladesh.

In a meeting with the Chinese delegation led by its Commerce Minister, Bangladesh Commerce Adviser Sk. Bashir Uddin sought support of Chinese drone technology in the agriculture sector of Bangladesh as this would help play an effective role in strengthening trade and technological cooperation between the two countries, said a Commerce Ministry press release.

Putting emphasis on enhancing the use of drone technology in the country’s agricultural sector, Bashir said that revolution can be brought in using fertilizer, sowing seeds and spraying pesticides in crops through drone technology.

“Chinese experiences and its technology can play a pivotal role in Bangladesh’s agriculture sector,” he added.

Highlighting the benefits of demographic dividends and relatively lower wages in Bangladesh, Bashir sought more Chinese investment in the leather and leather goods, light engineering, agri-machineries, agro- technology, food processing and pharmaceuticals sectors of Bangladesh.

In response, the Chinese Commerce Minister emphasized on enhancing cooperation on technology and investment sectors.

Wang Wentao said that China is ready to support Bangladesh in agricultural and digital technology sectors for boosting productions by using smart agricultural techniques and drone technology.

In response to the Commerce Adviser’s call for supporting Bangladesh in fisheries and tapping marine resources, the Chinese Commerce Minister said that China is ready to support Bangladesh in the fisheries sector and tapping the huge potentials in the maritime sector.

Referring to the successful celebration of 50 years of diplomatic relationship between Bangladesh and China, the Chinese Commerce Minister said that China has been implementing a good number of projects in Bangladesh contributing to the socio-economic development of the country and benefitting a larger section of people.

The meeting was discussed in details for boosting bilateral cooperation in the fields of trade, commerce, investment, and technology.

It was also expressed that Bangladesh-China economic cooperation would be deepened further in the days to come.​

 

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Beijing for working together to maintain multilateral trading system, stability

Chinese Commerce Minister Wang Wentao on Sunday stressed the need for countries, including Bangladesh, to work together in preserving the multilateral trading system and ensuring the stability and smooth functioning of global industrial and supply chains amid the current international climate. Whi

thefinancialexpress.com.bd

Beijing for working together to maintain multilateral trading system, stability

UNB
Published :
Jun 01, 2025 22:07
Updated :
Jun 01, 2025 22:07

Chinese Commerce Minister Wang Wentao on Sunday stressed the need for countries, including Bangladesh, to work together in preserving the multilateral trading system and ensuring the stability and smooth functioning of global industrial and supply chains amid the current international climate.

While co-chairing the 15th Bangladesh-China Joint Economic and Trade Committee meeting in Dhaka with Finance Adviser Dr Salehuddin Ahmed, the Chinese minister laid emphasis on unity, advocating an equal and orderly multipolar world and inclusive economic globalisation and promoting the construction of an open world economic system.

Adviser Salahuddin said Bangladesh firmly supports multilateralism and free trade and attaches great importance to economic and trade cooperation with China.

He hopes to further expand the export of Bangladeshi products to China, according to the Chinese Ministry of Commerce.

The adviser said Bangladesh is willing to create a good business environment for Chinese companies to invest in Bangladesh, and promote more pragmatic cooperation results between the two countries' enterprises in agriculture, education, medical care and health and other fields.

The two sides had an in-depth exchange of views on issues such as implementing the important consensus reached by the leaders of the two countries, deepening trade, investment and production and supply chain cooperation, and maintaining multilateralism.

Wang said this year marks the 50th anniversary of the establishment of diplomatic relations between China and Bangladesh.

The relationship between the two countries has been continuously consolidated and deepened, and bilateral economic, and trade cooperation has maintained healthy and stable development.

The minister said China is willing to work with Bangladesh to earnestly implement the important consensus reached by the leaders of the two countries, promote high-quality joint construction of the 'Belt and Road', promote unimpeded trade, strengthen the integration of production and supply chains.

He laid emphasis on promoting the integrated development of investment and trade, exploring cooperation in emerging fields such as e-commerce and clean energy, and promoting the quality and upgrading of China-Bangladesh economic and trade cooperation.

After the meeting, the two sides jointly signed the Memorandum of Understanding on 'Strengthening Economic Cooperation in Industrial Chain and Supply Chain, between the Ministry of Commerce of China and the Ministry of Finance of Bangladesh.​

 

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CA urges Chinese investors to build production hubs in BD

Chief Advisor Prof Muhammad Yunus called upon Chinese investors to help transform Bangladesh into a "production hub" as a big band of entrepreneurs from Beijing, led by their commerce minister, are here exploring business prospects. Speaking at a business meet Sunday in Dhaka, Yunus noted th

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CA urges Chinese investors to build production hubs in BD
Visiting high-profile Chinese businesses keen to invest here: BIDA head

FE REPORT
Published :
Jun 02, 2025 01:20
Updated :
Jun 02, 2025 01:20

Chief Adviser Professor Muhammad Yunus presents a photograph to visiting Chinese Commerce Minister Wang Wentao at the China-Bangladesh Conference on Investment and Trade, held at the BIDA office in Dhaka's Agargaon on Sunday. — PID

inset-p1Chief Advisor Prof Muhammad Yunus called upon Chinese investors to help transform Bangladesh into a "production hub" as a big band of entrepreneurs from Beijing, led by their commerce minister, are here exploring business prospects.

Speaking at a business meet Sunday in Dhaka, Yunus noted that half of Bangladesh's total workforce is under the age of 26, and this demographic is ready to get engaged in productive work, according to state news agency Bangladesh Sangbad Sangstha (BSS).

"I urge Chinese investors to make Bangladesh their home and their production hub...the young people are ready to accept that challenge," the head of interim government told his business audience.

He urged Chinese businesses to integrate them into the workforce.

Stressing the importance of reviving the jute industry to strengthen the national economy, Yunus said: "When you talk about jute, it is an emotional issue for Bangladesh."

Jute is often viewed solely as a material for sacks, despite its potential as an eco-friendly fibre that could play a vital role in protecting the environment and the planet.

"Together we can make a wonderful start of jute to give it a right place in our economic programmes," he added.

He also recalled the lost glory of Dhakai Muslin, once a world-renowned and highly prized fabric.

Terming the ongoing visit of the high-profile Chinese business delegation 'historic and significant', Executive Chairman of Bangladesh Investment Development Authority (BIDA) Ashik Chowdhury said they showed keen interest in investing in Bangladesh.

"We have not seen such a large number of business delegates visiting Bangladesh from a single country before," said the BIDA executive chairman.

He went on: "We see a new ray of hope, a new level of interest from Chinese investors."

Mr. Chowdhury made the observations while briefing newsmen after a daylong 'China-Bangladesh Conference on Investment and Trade' held at the BIDA headquarters in the city's Agargaon area.

BIDA and Bangladesh Economic Zones Authority (BEZA) jointly organised the conference with the participation of the Chinese Ministry of Commerce and the Chinese Embassy in Dhaka.

"Around 250 business delegates of 143 Chinese companies, including Six Fortune 500 ones, took part in the conference," said Mr Chowdhury, who is also the Chairman of the BEZA.

He said renowned companies like Hongdou Group, Shandong Weiqiao Pioneering Group, Global Textile Powerhouse of textile sector, Meide Group, solar photovoltaic manufacturing company Huantai Energy, PowerChina and China Road and Bridge Corporation joined the meet.

The opening session was followed by a series of business-to-business (B2B) or business-to-government (B2G) meetings also.

Besides, a memorandum of understanding (MoU) was signed between BEZA and Power China International Group Limited to establish a Chinese Agrivoltaics Economic Zone (EZ) in Chandpur district, the press conference was told.

The delegation mostly comprises representatives from four trade bodies namely China Chamber of Commerce for Import and Export of Machinery and Electronic Products (CCCME), China International Chamber of Commerce for the Private Sector (CICCPS), China Chamber of Commerce of Import and Export of Foodstuffs, Native Produce and Animal By-Products (CFNA), and China Chamber of Commerce for Import and Export of Textiles (CCCT).

Mr Chowdhury doesn't expect that the delegates would make instant commitments to making investment rather it is a long journey.

"Investment journey is a long process-the first step of the process is to bring them in Bangladesh and make them familiar with the different parts of the investment climate," he said.

The investment promoter hopes the conference will create new scopes for investment gradually in the coming days.

He also expects the ongoing visit of the Chinese businesses and the subsequent conference to yield the desired outcomes in the next six to 24 months.​

 

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BIDA chief sees new horizons in Bangladesh-China economic cooperation

Bangladesh Economic Zones Authority (BEZA) and Bangladesh Investment Development Authority (BIDA) Executive Chairman Chowdhury Ashik Mahmud Bin Harun today said new horizons in Bangladesh-China economic cooperation have opened through the visit of the largest-ever Chinese business delegation in Ban

thefinancialexpress.com.bd

BIDA chief sees new horizons in Bangladesh-China economic cooperation

Published :
Jun 01, 2025 19:43
Updated :
Jun 01, 2025 19:43

Bangladesh Economic Zones Authority (BEZA) and Bangladesh Investment Development Authority (BIDA) Executive Chairman Chowdhury Ashik Mahmud Bin Harun today said new horizons in Bangladesh-China economic cooperation have opened through the visit of the largest-ever Chinese business delegation in Bangladesh.

"The gathering marks a significant milestone in the relationship and growing economic partnership between the two countries. It is the largest-ever Chinese business delegation to visit Bangladesh, comprising around 250 investors and business leaders representing 143 of companies, including some of the largest in China," he said, BSS reports.

Ashik Chowdhury said this while speaking at a press conference on the outcome of a daylong 'Bangladesh-China Conference on Investment and Trade' in the city.

BEZA and BIDA in collaboration with the Ministry of Commerce of China and the Chinese Embassy in Dhaka organised the event.

Chief Adviser Professor Muhammad Yunus attended the opening session of the conference as the chief guest while China's Commerce Minister Wang Wentao also joined the session.

Ashik Chowdhury said the main topics of discussion in the technical session were 'Investment Environment and Economic Zones in Bangladesh', 'Joint Ventures in the Garment and Textile Sectors,' 'Chinese Technology Transfer in the Electronics and Machinery Industry' and 'Investment Opportunities in Agriculture and Food Processing Industries'.

"About 550 business representatives from China and Bangladesh participated in the discussion. Chinese businessmen expressed interest in investing in Bangladesh in various sectors," he added.

He said B2B and B2G of the conference more than 100 bilateral discussions were held during the session.

"Entrepreneurs from both countries exchanged views on potential joint projects," he added.

He said a Memorandum of Understanding (MoU) signing ceremony was held between BEZA and Power China International Group Limited to establish a Chinese Agrivoltaics Economic Zone in Matlab Uttar Upazila of Chandpur district.​

 

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Mango deal sweetens ties between Bangladesh and China

Bangladesh waved off its first consignment of mangoes to China on Wednesday, a largely symbolic export as Beijing sweetens ties

en.prothomalo.com

Mango deal sweetens ties between Bangladesh and China
AFP Dhaka
Published: 29 May 2025, 09: 44

Bangladesh waved off its first consignment of mangoes to China on Wednesday, a largely symbolic export as Beijing sweetens ties after relations soured between Dhaka and former ally and neighbour India.

Bangladesh, still reeling from the political fallout of a 2024 uprising that ended the autocratic rule of Sheikh Hasina -- who fled by helicopter to New Delhi -- has since been courted by Beijing, India's rival.

"It is such a great pleasure to jointly witness this historic moment, as the first consignment of Bangladesh's premium mangoes sets off for China," China's ambassador to Bangladesh Yao Wen said, alongside government officials.

Bangladesh, largely encircled by land by India, has seen relations with New Delhi turn icy.

Interim Bangladeshi leader Muhammad Yunus's first state visit was to China, while Bangladesh has also moved closer to Pakistan, India's arch-enemy.

"President Xi Jinping has emphasised on several occasions that China's door of opening up will not close, but will only open wider," Yao said, at a small ceremony at the airport alongside Bangladeshi ministers.

"I am confident that the export of Bangladeshi mangoes to China is just the beginning," he added.

In China, the fruit has a particular historic diplomatic resonance -- including the curious cult of the mango.

After Chairman Mao Zedong was pictured gifting a mango to a group of workers in 1968, during the mania of the Cultural Revolution, the fruit became an object of veneration.

Those mangoes were reportedly a gift from the foreign minister of Pakistan -- and at that time, in 1968, Bangladesh had yet to win its independence from Islamabad.

Export levels are small so far, just 50 tonnes in an initial phase, but both Bangladesh and China said they hoped to increase that.

In the past year, China has sponsored several tours for Dhaka's political party leaders, and has begun hosting Bangladeshi patients in its hospitals.

India has long been wary of China's growing regional clout and the world's two most populous countries compete for influence in South Asia, despite a recent diplomatic thaw.​