Politics
ASIA, BANGLADESH, BANGLADESH FOREIGN SERVICE ACADEMY, BEIJING, BILATERAL COOPERATION, CENTRE FOR ALTERNATIVES, CHINA, DEVELOPMENT, DHAKA UNIVERSITY, ECONOMIC COOPERATION, IMTIAZ AHMED, INFRASTRUCTURE PROJECTS, KUNMING, SHAHNAWAZ MOHSIN, SYED, TRADE, YAO, YAO WEN, YUNNAN, YUNNAN PROVINCE OF CHINA
Dante Raeburn
China’s Commitment to Enhance Investments and Relations with Bangladesh
Chinese Ambassador Yao Wen announced initiatives to bolster investments in Bangladesh’s key sectors, emphasizing the friendly relations and mutual benefits between China and Bangladesh as they celebrate 50 years of diplomatic ties. Recent surveys indicate increased positive perceptions of China among the Bangladeshi populace, with strong interest in enhanced cooperation and investment. Yao underlined the significance of simplifying travel and promoting people-to-people exchanges to further solidify their partnership.
Chinese Ambassador to Bangladesh, Yao Wen, expressed China’s willingness to encourage investments in Bangladesh’s textile, clean energy, electric vehicle, and digital technology sectors. During a seminar titled “National Image of China in Bangladesh,” he emphasized that China will continue to expand its open-door policy for Bangladesh, pledging zero-tariff treatment on all taxable items prior to Bangladesh’s transition from least developed country status.
Since establishing the interim government, 14 Chinese companies have invested approximately $230 million in Bangladesh. Ambassador Yao called for collaboration to narrate a compelling story of China-Bangladesh friendship, urging efforts to enhance their strategic partnership. The seminar, hosted by the Centre for Alternatives, featured notable speakers discussing the potential for balanced trade relations and public-private partnerships towards sustainable infrastructure.
The seminar also recognized China’s role in addressing the Rohingya crisis and highlighted the focus on mutual benefits for both nations. Ambassador Yao stated the importance of fostering closer ties through continuous efforts and support from the people of both countries. He described the year as a historic opportunity to strengthen bilateral relations as they celebrate 50 years of diplomatic ties.
Frequent exchanges have occurred between the two nations this year. The Ambassador noted the recent facilitation of Bangladeshi patients traveling to China for medical check-ups and treatments, with plans for further medical cooperation to enhance options for patients. Ambassador Yao encouraged scholarly exchanges to improve bilateral relations and rectify any misunderstandings.
He praised the Centre for Alternatives for its ongoing survey regarding the perception of China in Bangladesh and shared positive trends observed in public opinion. Notably, a survey indicated that 99 percent of respondents support friendly relations between the two countries. The data also showed an increase in the positive perception of China from 60.1 percent in 2022 to 66.7 percent in 2024, alongside a significant rise in recognition of China’s economic and technological advancements.
Additionally, there is strong support among Bangladeshis for Chinese investment, with a favorable view of the Belt and Road Initiative. Ambassador Yao attributed this positive sentiment to China’s commitment to neighborliness and cooperation.
The Ambassador emphasized the importance of understanding Bangladeshi public opinion concerning exchanges and cooperation, acknowledging their admiration for China’s developmental progress. He highlighted an increasing interest among Bangladeshis to travel to China for education and medical treatment. Moreover, the launch of direct flights between Dhaka and Beijing has facilitated greater interaction between the two nations, introducing measures to ease travel for Bangladeshi citizens.
In conclusion, the article highlights the commitment of China, as represented by Ambassador Yao Wen, to strengthen investments in Bangladesh across various sectors. With a positive public sentiment towards China, increased bilateral exchanges, and initiatives to simplify travel, there exists a significant potential for deepening ties between the two nations. The shared history and future prospects suggest an optimistic relationship aimed at mutual growth and development.
Original Source: www.tbsnews.net
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