Beijing seeks to fast-track investment treaty with Dhaka, no matter who leads: Ambassador Yao | The Business Standard
Skip to main content
  • Latest
  • Economy
    • Banking
    • Stocks
    • Industry
    • Analysis
    • Bazaar
    • RMG
    • Corporates
    • Aviation
  • Videos
    • TBS Today
    • TBS Stories
    • TBS World
    • News of the day
    • TBS Programs
    • Podcast
    • Editor's Pick
  • World+Biz
  • Features
    • Panorama
    • The Big Picture
    • Pursuit
    • Habitat
    • Thoughts
    • Splash
    • Mode
    • Tech
    • Explorer
    • Brands
    • In Focus
    • Book Review
    • Earth
    • Food
    • Luxury
    • Wheels
  • Subscribe
    • Epaper
    • GOVT. Ad
  • More
    • Sports
    • TBS Graduates
    • Bangladesh
    • Supplement
    • Infograph
    • Archive
    • Gallery
    • Long Read
    • Interviews
    • Offbeat
    • Magazine
    • Climate Change
    • Health
    • Cartoons
  • বাংলা
The Business Standard

Saturday
July 12, 2025

Sign In
Subscribe
  • Latest
  • Economy
    • Banking
    • Stocks
    • Industry
    • Analysis
    • Bazaar
    • RMG
    • Corporates
    • Aviation
  • Videos
    • TBS Today
    • TBS Stories
    • TBS World
    • News of the day
    • TBS Programs
    • Podcast
    • Editor's Pick
  • World+Biz
  • Features
    • Panorama
    • The Big Picture
    • Pursuit
    • Habitat
    • Thoughts
    • Splash
    • Mode
    • Tech
    • Explorer
    • Brands
    • In Focus
    • Book Review
    • Earth
    • Food
    • Luxury
    • Wheels
  • Subscribe
    • Epaper
    • GOVT. Ad
  • More
    • Sports
    • TBS Graduates
    • Bangladesh
    • Supplement
    • Infograph
    • Archive
    • Gallery
    • Long Read
    • Interviews
    • Offbeat
    • Magazine
    • Climate Change
    • Health
    • Cartoons
  • বাংলা
SATURDAY, JULY 12, 2025
Beijing seeks to fast-track investment treaty with Dhaka, no matter who leads: Ambassador Yao

Bangladesh

UNB
09 July, 2025, 08:30 pm
Last modified: 09 July, 2025, 08:34 pm

Related News

  • Dhaka, Washington to continue inter-ministerial dialogue as tariff talks end without full consensus
  • Bangladesh, Malaysia to jointly investigate militancy allegations involving Bangladeshi nationals
  • 4 arrested, 2 remanded over brutal killing of trader near Mitford Hospital
  • 2nd round of US-Bangladesh tariff talks set to conclude today as business leaders await breakthrough
  • After India's visa restriction, China's Kunming is drawing Bangladeshi patients

Beijing seeks to fast-track investment treaty with Dhaka, no matter who leads: Ambassador Yao

Bangladesh would work with China towards the same direction to expedite the launch of negotiations on upgrading the Bangladesh-China bilateral investment treaty and Free Trade Agreement (FTI) between the two countries, he says

UNB
09 July, 2025, 08:30 pm
Last modified: 09 July, 2025, 08:34 pm
Sketch: TBS
Sketch: TBS

No matter who leads Bangladesh, China will continue to increase trade and investment in the country, supporting its sustainable development and the improvement of people's livelihoods, Chinese Ambassador to Bangladesh Yao Wen said today (9 July).

Speaking at a seminar in the capital, he said a sound investment environment requires institutional safeguards and hoped that Bangladesh would work with China towards the same direction to expedite the launch of negotiations on upgrading the Bangladesh-China bilateral investment treaty and Free Trade Agreement (FTI) between the two countries.

He said these efforts will help further bolster the confidence and determination of Chinese enterprises to invest in Bangladesh.

The Business Standard Google News Keep updated, follow The Business Standard's Google news channel

"We sincerely hope that our Bangladeshi friends will take it seriously and act promptly," said Ambassador Yao while speaking at the seminar.

Executive Chairman of Bangladesh Investment Development Authority (BIDA) Chowdhury Ashik Mahmud Bin Harun, who spoke at the seminar, said they have a tendency of promising things nut not delivering.

"But in the government, we are trying to change that attitude and culture. Hopefully, you will see significant improvement," he said.

The Chinese Enterprises Association in Bangladesh (CEAB) hosted the seminar titled 'China-Bangladesh Industrial and Supply Chain Cooperation' where 'Industry Reports' by the CEAB was released.

China-Bangladesh-Pakistan co-op open and transparent, not targeting any third country: Yao Wen

Executive Chairman of Bangladesh Investment Development Authority (BIDA) Chowdhury Ashik Mahmud Bin Harun, along with representatives from the concerned agencies and departments of the Bangladesh government and business leaders from both countries were present.

He said China stands ready to work with Bangladesh to follow the strategic guidance of the two leaders' important consensus, take the Golden Jubilee as a new starting point, advance high-quality Belt and Road cooperation, promote the integration of industrial and supply chains as well as investment and trade.

"Together, we can elevate our economic and trade relations to new heights, and further contribute to the China-Bangladesh Comprehensive Strategic Cooperative Partnership," he said.

The conference featured in-depth research reports from specialised branches of CEAB, covering power and energy, roads and bridges, harbour, textile and garments, trade and services, railway and civil aviation, information and communication technology and water and environment.

These reports aim to identify market trends, investment opportunities and challenges, facilitating collaboration between Bangladeshi and Chinese enterprises under the Belt and Road Initiative (BRI).

Ambassador Yao said with the joint efforts of both countries, Chinese enterprises will continue to thrive in Bangladesh and contribute to its economic and social development as well as the improvement of people's livelihoods.

At Bangladesh's current stage of development, he said, improving the business environment is crucial for fostering an open economy and achieving steady and sustainable development.

"Now, Bangladesh is also at a critical juncture of transformation and industrial upgrading. Under the able leadership of Chief Adviser Muhammad Yunus, the economy keeps stabilising and improving, and the business environment is steadily enhancing, making the country emerge as a new investment hotspot in South Asia," Ambassador Yao said.

Since Chinese enterprises constitute the largest group of foreign investors in Bangladesh, he said, it would be invaluable for the Bangladeshi friends to hear from their experiences and suggestions, which originate from their long-term operations here and are reflected in these ten reports.

"They crystallise the collective wisdom of Chinese enterprises in Bangladesh. I believe that they will serve as an important reference for the ongoing economic reforms in Bangladesh," the Ambassador said.

In the first quarter of this year, Chinese investment in Bangladesh surged by 3.7 times. Since last August, nearly 20 Chinese companies have signed investment agreements with Bangladeshi partners, with a total intended investment exceeding US$400 million.

China has become the largest source of foreign direct investment in Bangladesh since the interim government took office.

The Chattogram Chinese Economic and Industrial Zone is about to start construction.

The cooperation documents for the Chinese Agrivoltaics Economic Zone at Baherchar Island have been signed, and the China-Bangladesh Mongla Port Economic Zone is progressing steadily, the Ambassador said.

He said China not only supports the current interim government but also has full confidence in Bangladesh's future elected government.

Chinese Ambassador to Bangladesh Yao Wen / China / Bangladesh

Comments

While most comments will be posted if they are on-topic and not abusive, moderation decisions are subjective. Published comments are readers’ own views and The Business Standard does not endorse any of the readers’ comments.

Top Stories

  • Caught between a rock and a hard place. Cartoon: TBS
    Bangladesh's Trump tariff dilemma: Caught between a rock and a hard place?
  • Screengrab blurred
    Mitford killing: Another arrested, case to be transferred to Speedy Trial Tribunal
  • Bangladeshi garment workers make clothing in the sewing section of a factory in Gazipur, Bangladesh, April 9, 2025. Photo: REUTERS/Mohammad Ponir Hossain/File Photo
    Some Walmart garment orders from Bangladesh on hold due to US tariff threat

MOST VIEWED

  • Representational image
    In addition to 35% tariff, US demands 40% local value addition for 'Made in Bangladesh' goods
  • Screengrab blurred
    Killers bash in head of man with rock, stomp body with perverse pleasure
  • How tender rules and a lone bidder stall a $2.5b power plant
    How tender rules and a lone bidder stall a $2.5b power plant
  • Economist Abul Barkat; Photo: Courtesy
    Economist Abul Barkat arrested in graft case
  • Photo: UNB
    WHO's Saima Wazed Putul 'placed on indefinite leave' amid corruption allegations: Health Policy Watch
  • After India's visa restriction, China's Kunming is drawing Bangladeshi patients
    After India's visa restriction, China's Kunming is drawing Bangladeshi patients

Related News

  • Dhaka, Washington to continue inter-ministerial dialogue as tariff talks end without full consensus
  • Bangladesh, Malaysia to jointly investigate militancy allegations involving Bangladeshi nationals
  • 4 arrested, 2 remanded over brutal killing of trader near Mitford Hospital
  • 2nd round of US-Bangladesh tariff talks set to conclude today as business leaders await breakthrough
  • After India's visa restriction, China's Kunming is drawing Bangladeshi patients

Features

After India's visa restriction, China's Kunming is drawing Bangladeshi patients

After India's visa restriction, China's Kunming is drawing Bangladeshi patients

17h | Panorama
Photo: Collected/BBC

What Hitler’s tariff policy misfire can teach the modern world

1d | The Big Picture
Illustration: TBS

Behind closed doors: Why women in Bangladesh stay in abusive marriages

1d | Panorama
Purbachl’s 144-acre Sal forest is an essential part of the area’s biodiversity. Within it, 128 species of plants and 74 species of animals — many of them endangered — have been identified. Photo: Syed Zakir Hossain/TBS

A forest saved: Inside the restoration of Purbachal's last Sal grove

1d | Panorama

More Videos from TBS

Bangladesh-US tariff talks unresolved

Bangladesh-US tariff talks unresolved

24m | TBS Stories
Putul on indefinite leave after four months in 2 ACC cases

Putul on indefinite leave after four months in 2 ACC cases

49m | TBS Stories
Asian economies devastated by Trump's tariffs

Asian economies devastated by Trump's tariffs

1h | TBS World
Renowned economist Abul Barkat imprisoned

Renowned economist Abul Barkat imprisoned

15h | TBS Today
EMAIL US
contact@tbsnews.net
FOLLOW US
WHATSAPP
+880 1847416158
The Business Standard
  • About Us
  • Contact us
  • Sitemap
  • Advertisement
  • Privacy Policy
  • Comment Policy
Copyright © 2025
The Business Standard All rights reserved
Technical Partner: RSI Lab

Contact Us

The Business Standard

Main Office -4/A, Eskaton Garden, Dhaka- 1000

Phone: +8801847 416158 - 59

Send Opinion articles to - oped.tbs@gmail.com

For advertisement- sales@tbsnews.net