LINE

Text:AAAPrint
Business

China implements $10 bln worth of infrastructure projects in Bangladesh, says ambassador

1
2018-03-22 16:55:31Xinhua Gu Liping ECNS App Download

China has begun implementing 10-billion-U.S.dollars worth of infrastructure projects in Bangladesh, said Chinese Ambassador to Bangladesh Zhang Zuo here on Wednesday at his first press conference since taking office.

"Under the joint efforts of the two governments and companies from both countries, a group of cooperation projects are being implemented, including the Chinese Economic and Industrial Zone, Payra Power Plant, the 8th China Bangladesh Friendship Bridge, and the International Exhibition Center, with a total investment of over 10 billion U.S. dollars," said the ambassador.

These projects will improve infrastructure, the trade and investment environment, and people's livelihood, and play a positive role in the economic and social development of Bangladesh, Zhang added.

"China welcomes all countries to take a fast ride on our economic development, as well as advantageous, distinctive, and competitive goods and services to enter the huge market in China," Zhang said, noting that China welcomes Bangladesh to further increase its participation under the Belt and Road Initiative.

"We welcome Bangladeshi enterprises to take advantages of all platforms, such as China-South Asia Expo, the China Import and Export Fair (Canton Fair), China International Import Expo, etc. to promote trade with China. We will also encourage more capable enterprises to invest in Bangladesh, and help upgrade the manufacturing of Bangladesh," Zhang said.

"It is beneficial not only for decreasing the trade deficit but also for the balance of economic and trade cooperation as a whole," he said.

He also said China has implemented a flexible, practical visa policy for Bangladeshi citizens who want to go to China for the purposes of business and cultural exchange.

"In 2017, the (Chinese) embassy issued nearly fifty thousand visas, an increase of 22 percent on a year-on-year basis, to meet the demand of Bangladeshi side," Zhang said.

  

Related news

MorePhoto

Most popular in 24h

MoreTop news

MoreVideo

News
Politics
Business
Society
Culture
Military
Sci-tech
Entertainment
Sports
Odd
Features
Biz
Economy
Travel
Travel News
Travel Types
Events
Food
Hotel
Bar & Club
Architecture
Gallery
Photo
CNS Photo
Video
Video
Learning Chinese
Learn About China
Social Chinese
Business Chinese
Buzz Words
Bilingual
Resources
ECNS Wire
Special Coverage
Infographics
Voices
LINE
Back to top Links | About Us | Jobs | Contact Us | Privacy Policy
Copyright ©1999-2018 Chinanews.com. All rights reserved.
Reproduction in whole or in part without permission is prohibited.