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China to help Bangladesh become middle income country by 2021

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China to help Bangladesh become middle income country by 2021


Bangladesh Sangbad Sangstha (BSS)

DHAKA, Oct 21, 2012 (BSS) - China has decided to provide its all supports especially in infrastructure, trade, investment and information technology sectors to turn Bangladesh into a middle
income country by 2021.



This is revealed today while visiting Standing Committee Member of Political Bureau of Communist Party of China (CPC) Central Committee Li Changchun called on President Zillur Rahman at Bangabhaban here.

During the meeting, President Rahman welcomed the Chinese delegation for the visit and termed China as one of the major development partners of Bangladesh.

The President observed that traded and commerce relations between Bangladesh and China would be reached a new height after establishment of direct road link between Dhaka and Kunming via
Myanmar.

The President urged the Chinese government to provide more
support for the country's infrastructure, power and information
technology sectors side by side increasing trade relations.

Reiterating Bangladesh believes in 'one-China policy', the
President expressed his gratitude to the government and people of
China for providing continuous support to Bangladesh for the
country's development in the last three and a half decades.

Through the delegation, Zillur Rahman congratulated Chinese
writer MO Yan for winning the Nobel Prize in literature and
stated that this is truly recognition of long history and
glorious culture of China.

The Chinese delegation apprised President Rahman that they
have signed three bilateral instruments with Bangladesh today in
front of Prime Minister Sheikh Hasina for strengthening economic
and technical collaboration in different areas including power
sector.

The instruments include one agreement on Economic and
Technical Cooperation, a memorandum of understanding (MoU) on
electric power and a framework agreement on a concessional loan
for water treatment, they apprised.

Changchun highly lauded the recent economic advancement of
Bangladesh and hoped that the country would be able to become a
middle income country by 2021.

Expressing gratitude to Bangladesh for supporting the one-
China policy, he said China is keen to establish direct road
connectivity with Bangladesh via Myanmar.

The Chinese delegation apprised the President that number of
Chinese government scholarship to Bangladesh has been doubled to
160 from 80.

The Political Bureau member recalled that the Bangladesh-
China relations were initiated by China visit of Father of the
Nation Bangabandhu Sheikh Mujibur Rahman.

The Chinese delegation comprised Minister of International
Department of CPC Central Committee Wang Jiarui, Education
Minister Yuan Guiren, Cultural Minister Cai Wum, Radio, Film and
Television Minister Cai Fuchao, Press and Publication Minister
Liu Binjie, Vice Minister on Publicity Department Sun Zhijun,
Vice Minister for Commerce Jianfg Zengwei and Chinese Ambassador
to Bangladesh Li Jun.

State Minister for Liberation War Affairs Captain (Rtd) ABM
Tajul Islam and Awami League Joint General Secretary Mahbubul
Alam Hanif were present.



========================================================



PM for more Chinese investment to make stronger relations


http://www1.bssnews.net/newsDetails.php?cat=0&id=287970&date=2010-03-18

DHAKA, Oct 21, 2012 (BSS)- Prime Minister Sheikh Hasina today laid importance on making stronger relations with China and sought more Chinese investment in the areas of energy, agriculture and infrastructure development.

Bangladesh gives high importance to its relations with China, which can be possible through boosting Chinese investment in Bangladesh, assistance in infrastructure development, regional connectivity and support to removing trade deficit, she said.

The Prime Minister said this at a meeting with a high- powered delegation of the Central Committee of Chinese Communist Party at her office here today.

Member of the Standing Committee of the Political Bureau (CPC) Central Committee Li Changchun led the delegation.

Briefing reporters after the meeting, PM's Press Secretary Abul Kalam Azad said the Prime Minister urged the Chinese delegation for more investment in different sectors offering land for Chinese companies in special economic zones in Bangladesh.

Sheikh Hasina said Bangladesh Awami League as one of the oldest political parties of the region, has excellent cooperative relations with Chinese Communist Party and the two parties can work together for regional peace and stability.

She recalled that the relations between Bangladesh Awami League and Chinese Communist Party had gained ground through the visits of angabandhu in 1953 and 1957. Based on that foundation, the relations between the two countries are progressing ahead, she said.

Sheikh Hasina reiterated her continued support for 'one China policy', and said the two countries share common views and stand on many global issues at the international forum.

Urging the delegation to inspire their traders to import more Bangladeshi goods, she said Dhaka would welcome more Chinese investment in agro- processing, energy and power, pharmaceutical,
communications and infrastructure development sectors.

Sheikh Hasina briefed the delegation on her government's success in different areas including community health, food production, education and women empowerment.

The Chinese Communist Party (CCP) delegation included Minister for International Department of CPC Central Committee Wang Jiarui, Education Minister Yuan Guiren, Cultural Affairs Minister Cai Wu, Minister for State Administration of Radio, Film and Television Cai Fuchao, Minister for General Administration of Press and Publication Liu Binjie and Vice Minister of Commerce Jiang Zengwei.

Foreign Minister Dr Dipu Moni, State Minister for Power Enamul Haque, Ambassador at-Large M Ziauddin, PM's Principal Secretary Shiekh M Wahid Uz Zaman, PMO Secretary Mollah Wahiduzzaman, ERD Secretary Iqbal Mohmood, Power Secretary Abul Kalam Azad and Chinese Ambassador in Dhaka Li Jun were present on the occasion.

The Chinese delegation leader offered the Prime Minister of Chinese government's support for expansion of the Pagla Water Treatment Plant and cooperation for development of road and connectivity.

The Chinese government also decided to make double the scholarship for Bangladeshi students to pursue their studies in China, he said. He laid importance on more political, commercial and cultural exchange between the two countries.

The Chinese delegation appreciated the dynamic leadership of Prime Minister Sheikh Hasina and Vision 2021 as well as Bangladesh's progress in different areas under her able leadership.
 
Dhaka-Beijing sign 3 collaborative instruments


Bangladesh Sangbad Sangstha (BSS)

DHAKA, Oct 21, 2012 (BSS)- Bangladesh today signed three bilateral instruments with China for strengthening economic and technical collaboration in different areas including power sector.

The instruments include one agreement, one memorandum of understanding (MoU) and a framework agreement.

The agreement is on Economic and Technical Cooperation, the MoU is on Strengthening Cooperation in the Field of Electric Power and the Framework Agreement is on a Concessional Loan provided by China to Bangladesh, the sources said.

Chinese delegation member and Vice Minister of Commerce Jiang Zengwei and Senior Secretary of Economic Relations Division of Bangladesh Iqbal Mahmood, and Secretary of the Power Division Abul Kalam Azad signed the instruments at PMO in presence of Prime Minister Sheikh Hasina.

Earlier, the delegation led by member of the China Communist Party Standing Committee Political Bureau Li Changchum made a courtesy call on Prime Minister Sheikh Hasina at her office.
 
`China will invest more in Bangladesh`


`China will invest more in Bangladesh` | Business | bdnews24.com

Sun, Oct 21st, 2012 3:42 pm BdST

Dhaka, Oct 21 (bdnews24.com)— The visiting Chinese Communist Party official Li Changchun has said his country would increase investment in Bangladesh.

Changchun's, member of Standing Committee of Political Bureau of the Communist Party of China Central Committee (CPCCC), comment came at a bilateral meeting with Prime Minister Sheikh Hasina at her office on Sunday.

PM's Press Secretary Abul Kalam Azad later briefed journalists about the meeting.

He quoted the top official as saying that he would ask Chinese companies to invest more in Bangladesh.

Azad said the Prime Minister hoped for China's assistance in the country's development and called on Changchuan to import more from Bangladesh.

He said the Chinese Communist Party official emphasised on the participation of his country's companies in the development of Bangladesh's fuel, agriculture and infrastructure sectors.

The Press Secretary said Hasina emphasised on cooperation in bridges and infrastructures to achieve desired development.

The CPCCC member said his country would assist Bangladesh in the expansion of the Pagla Water Treatment plant.

Azad said Changchuan assured Hasina that the Chinese government would double the number of scholarships for Bangladeshi students and assist in teaching Chinese language to Bangladeshis.

The top Communist Party leader emphasised on direct road communication between China and Bangladesh.

The Press Secretary said Changchun praised the leadership of Sheikh Hasina for development in various sectors including health, education and women empowerment. He also lauded the incumbent government's Vision-2021, Azad added.

Li Changchun also praised the Awami League-led government's policy for development.

Azad said the Chinese official described Bangladesh as 'old friendship' and recalled the nation's founding father Bangabandhu Sheikh Mujibur Rahman's China visit.

Changchun said the two countries would work together for the development of this region and maintain stability.

Hasina, also chief of Awami League, mentioned her party's friendly relations with the Chinese Communist Party and emphasised on maintaining it.

The Press Secretary quoted Hasina as saying that the friendly relations between the two countries would strengthen in future.

She said her government wanted to ensure stability and peace in this region.

Foreign Minister Dipu Moni, Economic Relation Division Secretary Iqbal Mahmood, Power Secretary Abul Kalam Azad, Ambassador-At-Large M Ziauddin, Principal Secretary Sheikh Mohammad Wahid-Uz-Zaman, PMO Secretary Molla Wahiduzzaman and the Prime Minister's Press Secretary Abul Kalam Azad were present at the meeting.

On the other hand, Li Changchun was accompanied by Chinese International Department Minister Wang Jiarui, Education Minister Yuan Guiren, Cultural Affairs Minister Cai Wu, State Administration Radio, Film and Television Minister Cai Fucgao, State Administration of Press and Publication Minister Lin Binjie, Vice Minister of Publicity Department Suj Zhijun, Commerce Ministry's Vice Minister Jian Zengwei and Chinese Ambassador to Bangladesh Li Jun.

bdnews24.com/sum/zk/1531h
 
China only invest in china......go and see what they did to Africa..even in pakistan and sri lanka they have invested in those project which they will use..
 
China only invest in china......go and see what they did to Africa..even in pakistan and sri lanka they have invested in those project which they will use..

Why do you think that any country will invest just for charity which will have no use for them??? If China invest in Bangladesh they will do it in such a way which is profitable for them. Investment in power and infrastructure will also help Bangladesh by helping it more faster growth and increase export.

What Bangladesh mainly want apart from that the diversification business from China which is going to other countries. Now most of the clothing and plastic industries are going out of China. If Bangladesh can achieve 10% of it specially the plastic one it will be 20 billion usd worth of business.

Apart from that China is opening its market for Bangladeshi product which will also help Bangladesh to earn more foreign currency.
 
Why do you think that any country will invest just for charity which will have no use for them??? If China invest in Bangladesh they will do it in such a way which is profitable for them. Investment in power and infrastructure will also help Bangladesh by helping it more faster growth and increase export.

What Bangladesh mainly want apart from that the diversification business from China which is going to other countries. Now most of the clothing and plastic industries are going out of China. If Bangladesh can achieve 10% of it specially the plastic one it will be 20 billion usd worth of business.

Apart from that China is opening its market for Bangladeshi product which will also help Bangladesh to earn more foreign currency.

Some body has rightly said, your mind sees what you want to see..

China will bring it's own workers + own equipments etc.. + own engineers.. what good is to BD ? Some sane person can plz clarify !!
 
Some body has rightly said, your mind sees what you want to see..

China will bring it's own workers + own equipments etc.. + own engineers.. what good is to BD ? Some sane person can plz clarify !!

Increased GDP growth + Better communications which is also required for more investment + More infrastructure.

Investment in Power and Infrastructure will help Bangladesh like that way.

Even a single Padma Bridge can help Bangladesh to achieve 1.7% more GDP growth. Hope you have got your answer.

We are not blind folded like yours. We see long time development opportunity. China may bring all of it's own employee for projects which they do in developed countries but not likely in Bangladesh where they can get people at a more cheaper rate then bringing Chinese people at a higher rate. If the projects can create short term employment that will be another benefit that Bangladesh will get.
 
Chinese companies only bring engineers and top supervisors with them for project efficiencies and time factor. They also do on the job trainings for local talents to operate the projects as soon as they finished them. Most of them return to China or go to another country when locals can takeover. A few might stay but only for personal reasons-like fall in love with the place or women.
 
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