China vows to boost Bangladesh's export capacity

Chinese Commerce Minister Wang Wentao has said China is willing to help Bangladesh improve its export capacity, promote the integrated development of trade and investment, jointly maintain the multilateral trading system and inject more stability and certainty into the world economy.

He said China is also willing to work with Bangladesh to implement the important economic and trade consensus reached by the leaders of the two countries.

The Chinese minister laid emphasis on promoting the continuous development of the China-Bangladesh comprehensive strategic partnership, strengthen cooperation in trade, e-commerce, production and supply chains and investment.

Minister Wang, who is visiting Bangladesh, said over the past 50 years since the establishment of diplomatic relations between Bangladesh and China, the two countries have always supported each other, treated each other as equals, and cooperated for mutual benefit.

Minister Wang met Commerce Adviser Sk Bashir Uddin yesterday and the two sides had an in-depth exchange of views on deepening China-Bangladesh economic and trade cooperation.

Bashir said Bangladesh and China have a profound friendship and China is Bangladesh's most important partner.

He welcomed more Chinese companies to invest and start businesses in Bangladesh and was willing to strengthen cooperation with China in agriculture, manufacturing, e-commerce and other fields to promote more balanced development of bilateral trade.

Bangladesh firmly supports free trade, upholds WTO rules and promotes inclusive development of global trade.

After the meeting, the two sides jointly signed the "Memorandum of Understanding on the Establishment of a Working Group on Facilitated Trade" and the "Memorandum of Understanding on E-Commerce Cooperation".