Archive for ‘bilateral trade’

27/04/2019

Premier Li meets Vietnamese PM

(BRF)CHINA-BEIJING-LI KEQIANG-VIETNAMESE PM-MEETING (CN)

Chinese Premier Li Keqiang (R) meets with Vietnamese Prime Minister Nguyen Xuan Phuc, who is here attending the Second Belt and Road Forum for International Cooperation, in Beijing, capital of China, April 26, 2019. (Xinhua/Liu Weibing)

BEIJING, April 26 (Xinhua) — Chinese Premier Li Keqiang on Friday met with Vietnamese Prime Minister Nguyen Xuan Phuc, who is here attending the Second Belt and Road Forum for International Cooperation.

Li said China is willing to enhance high-level contacts with Vietnam, deepen pragmatic cooperation, and better align the Belt and Road Initiative (BRI) with Vietnam’s “Two Corridors and One Economic Circle” plan.

China is willing to expand bilateral trade and achieve balanced and sustainable development in trade with Vietnam, and welcomes the entry of quality Vietnamese products into the Chinese market, Li said.

China supports Vietnam in assuming its role as the rotating chair of the Association of Southeast Asian Nations in 2020, and is willing to work with Vietnam and other parties to steadily advance the consultations on the Code of Conduct in the South China Sea, the premier said.

Nguyen Xuan Phuc said Vietnam actively supports the BRI and is willing to build greater synergy of the two countries’ development strategies.

Vietnam is willing to work with China in implementing the high-level consensus and safeguarding the long-term stability in the South China Sea, he said.

Source: Xinhua

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14/03/2019

China-ASEAN trade hits record high in 2018

NANNING, March 13 (Xinhua) — Total volume of trade between China and the Association of Southeast Asian Nations (ASEAN) countries hit a record high of 587.87 billion U.S. dollars in 2018, up 14.1 percent year on year, an official with the Ministry of Commerce said Wednesday.

China-ASEAN trade maintained a strong upward momentum last year, with two-way investments amounting to 205.71 billion U.S. dollars, said Yang Weiqun, deputy head of the Department of Asian Affairs, Ministry of Commerce.

The mutual investment stock has grown 22 times since 2004, Yang added when attending a senior officials meeting for the 16th China-ASEAN Expo, which is scheduled to be held from Sept. 20 to 23 in Nanning, capital of south China’s Guangxi Zhuang Autonomous Region.

The theme of this year’s expo is “Building the Belt & Road, Realizing Our Vision for A Community of Shared Future,” with Indonesia as the Country of Honor.

Yang said China hopes to take this chance to strengthen communication and cooperation with ASEAN countries.

Gustanto, Consul General of the Consulate General of the Republic of Indonesia in Guangzhou, said the expo has made positive contributions to bilateral trade between Indonesia and China.

As the Country of Honor, Indonesia plans to bring more exhibitors and deepen bilateral economic and trade cooperation, he said.

Initiated in 2004, the expo is an important platform to promote trade and relations between China and the ASEAN.

Source: Xinhua

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