China-Bangladesh Business Seminar Held in Beijing

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Last updated at: (Beijing Time) Thursday, December 26, 2002

China-Bangladesh Business Seminar Held in Beijing

Over 20 Bangladeshi entrepreneurs and trade officials held business talks with their Chinese counterparts in Beijing Wednesday.

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Over 20 Bangladeshi entrepreneurs and trade officials held business talks with their Chinese counterparts in Beijing Wednesday.

Wan Jifei, vice-president of the China Council for the Promotion of International Trade, said China would continue to develop trade ties with Bangladesh and encourage Chinese businessmen to invest more in Bangladesh.

Meanwhile, Bangladeshi businessmen are welcome to promote theirproducts in China, Wan said.

China-Bangladesh trade has increased rapidly in recent years. It generated 972 million US dollars in 2001 and 518 million dollars in the first half of 2002, up 10.04 percent over the corresponding period last year, according to statistics from China's customs.

Mahnmudur Rahman, director of the Bangladeshi Board of Investment, said several Chinese business giants had invested in Bangladesh, such as the Haier Group, and become important trade partners with his country.

He expressed hope that more Chinese entrepreneurs would invest in Bangladesh in such areas as infrastructure, textiles, electronics, information technology and ceramics.

A major trade fair between China and Bangladesh was to be held in Dhaka, capital of Bangladesh, next May and over 200 Chinese entrepreneurs had been invited to attend, Rahman revealed.

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