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Bangladeshi and Chinese businesses explored new opportunities for trade, investment and economic cooperation at a Bangladesh-Yunnan Trade and Investment Dialogue in Dhaka on Sunday.
The Bangladesh China Chamber of Commerce & Industry (BCCCI) hosted the event at Bengal Blueberry Hotel, bringing together a more than 30-member Chinese business delegation and Bangladeshi business stakeholders.
Businesses involved in logistics and supply chains, import-export, new energy, elevators, building technology, electrical equipment, aluminium trading and retail participated in the dialogue, said a press release.
BCCCI President Mohd Khorshed Alam highlighted the longstanding economic ties between Bangladesh and China and called for stronger two-way trade.
He encouraged greater Chinese investment in Bangladesh and identified export opportunities for Bangladeshi home textiles, readymade garments, leather, seafood and light engineering products in the Chinese market.
He also highlighted the potential for Chinese technology and investment to support Bangladesh’s renewable energy development and broader energy needs.
Liu Jie, deputy director of the Lancang-Mekong Subregional Economic Cooperation and Trade Development Center, introduced Yunnan’s “Three Frees and Three Facilitations” policy for overseas businesses.
The policy offers free bonded warehousing, exhibition space and online marketplace access, along with support for logistics, customs clearance and transportation.
Participants discussed investment opportunities in Bangladesh’s export processing zones and economic zones, including the Chinese Economic and Industrial Zone.
They also explored potential cooperation in electronics, solar and renewable energy, electric vehicles and auto components, textiles and RMG, agro and food processing, pharmaceuticals, healthcare, IT and IT-enabled services, semiconductors, logistics, light engineering and machinery.
Banking and trade finance, LPG and energy, education and university collaboration, technology support and joint ventures also featured in the discussions.
The dialogue concluded with the signing of a memorandum of understanding between BCCCI and CHUANG QI BD LTD to promote trade and investment cooperation, strengthen business-to-business links and explore joint commercial opportunities.
BCCCI Secretary General, senior vice presidents, vice presidents, directors and other members also attended the event.
