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China to help Bangladesh become middle income country by 2021

Why are Indians jumping up and down like monkeys.:confused: They can just beg china for investment as chinese imports are already occupying Indian market. Beg for some money instead coming here to fart.:wave:


China will bring it's own workers

:blah::blah::blah:Brain fart.:coffee:

+ own equipments etc..
Every country does that. Just because India is incapable doesn't mean U can spout such nonsense.

+ own engineers..

Again every country does to various degrees.

what good is to BD ?

Jobs , both high end/skilled & low end, TOT and more importantly money in infrastructure development. What do U suggest, bring in Indian dalit workers and build junks. No thanks.:wave:

Some sane person can plz clarify !!

First be sane yourself. Btw why are U in this thread again?:undecided:
 
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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


Bangladesh Sangbad Sangstha (BSS)

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.

No country can make another country a middle income or a rich country !! The people in the country themselves oly have to work harder to make their country a better one !!
If history is anything to learn by, other country have oly made rich countries into poor countries !!
 
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Good for BD:tup:
It will bring in investment n industry to ur land...

But i don't know what do the Chinese meant by ''Middle income country by 2021'' i mean even if BD grew by 7-8% with the so called Chinese assistance it'll reach to the level of Pak at max by 2021 n thats no where near middle income standards...:undecided:

Anyways the news is good for BD:enjoy:
 
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Is that what China did in India??

Yeah thats what China does in Sri Lanka...
No Chinese companies are associated with major projects in inIndia as of now...
We have our own capable companies like Larsen & Tourbo
 
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No country can make another country a middle income or a rich country !! The people in the country themselves oly have to work harder to make their country a better one !!
If history is anything to learn by, other country have oly made rich countries into poor countries !!

They will help but not make... Bangladesh will become middle income country much earlier then that or may be already it is if we consider economy based on 2005 base year...

Bangladesh for now wants to raise per capita GDP to 2000 usd by 2021...

http://www.defence.pk/forums/bangladesh-defence/179226-plan-sees-2000-per-capita-income-2021-a.html

In 2000 when base year updated from 1985 to 1995 GDP was revised by upgrading it by 30%. This time we are expecting more higher revision when it will be upgraded to 2005 base year as huge number of industries are not counted in the present GDP calculation which will be added in the 2005 base year.
 
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:blah::blah::blah:Brain fart.:coffee:
Every country does that. Just because India is incapable doesn't mean U can spout such nonsense.

They will Bring there own best engineers and equipments....
India is incapable of major infra projects???:rofl:
look at this single firm....
Larsen & Toubro (L&T) is a technology-driven USD 12.8 billion company.

They will help but not make... Bangladesh will become middle income country much earlier then that or may be already it is if we consider economy based on 2005 base year...

Bangladesh for now wants to raise per capita GDP to 2000 usd by 2021...

http://www.defence.pk/forums/bangladesh-defence/179226-plan-sees-2000-per-capita-income-2021-a.html



In 2000 when base year updated from 1985 to 1995 GDP was revised by upgrading it by 30%. This time we are expecting more higher revision when it will be upgraded to 2005 base year as huge number of industries are not counted in the present GDP calculation which will be added in the 2005 base year.
Investing in infrastructure will boost Bangladesh economy....:cheers:
 
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Looks like Chinese had found another "GOLD mine" in bangladesh :lol:.. BD be safe..
@topic: One simple point, if anyone have noticed it..
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China is trading with vietnam, does that made them middle income country ??? :no:
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This is an overstatement just to win hearts of some BD ignorant people, but i am sure BD gov is well aware of what china really does with other country..
 
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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.

that's what I have seen so far in the garments industry. Supervisors and management teams are mostly re-cruited locally. This is the scenario of 2005. Of course as we will go into more high-tech and sophisticated industrial products, which we didn't do before, we will need to learn and familiarize ourselves with it from experts.

Brain fart :coffee: other than few Chinese specialists, other workers are always Pakistanis, feel free to check any Chinese project in Pakistan.

Can some members from Pakistan comment on this??

Looks like Chinese had found another "GOLD mine" in bangladesh :lol:.. BD be safe..
@topic: One simple point, if anyone have noticed it..
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China is trading with vietnam, does that made them middle income country ??? :no:
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This is an overstatement just to win hearts of some BD ignorant people, but i am sure BD gov is well aware of what china really does with other country..

Every country trades/invests in another country for their own gain. That's nothing new, we know it. We trade with EU countries, what does that made us!! Give some good example mate. We need to improve the condition by ourselves and yes no one is dumb in here not to understand that. No one spoon feeds others...lol

And of course China can certainly can act as a catalyst. I guess this is what they meant actually. ( I believe you understand what a catalyst does)
 
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Looks like Chinese had found another "GOLD mine" in bangladesh :lol:.. BD be safe..
@topic: One simple point, if anyone have noticed it..
.
China is trading with vietnam, does that made them middle income country ??? :no:
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This is an overstatement just to win hearts of some BD ignorant people, but i am sure BD gov is well aware of what china really does with other country..

Look at post 22 ... Bangladesh already is or become middle income country long before 2021... China will help it by investing in infrastructure and in power generation projects... both of which will increase productivity by increasing industrialization and helping to bring more foreign investment and by making better communication systems.

Regarding during project time works it happen in many countries the contractors can bring their people of choice but in Bangladesh it is unlikely as they can get more bangladeshis at a cheaper rate then bringing chinese people at a higher rate...

But most importantly Bangladesh is trying to get the post benefit with those project completion... if it can create some temporary employment during the project definitely it will be a plus.

I guess at least you have knowledge how infrastructure and increase electricity production can help a country or it's economy!!!
 
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Every country trades/invests in another country for their own gain. That's nothing new, we know it. We trade with EU countries, what does that made us!! Give some good example mate. We need to improve the condition by ourselves and yes no one is dumb in here not to understand that. No one spoon feeds others...lol

And of course China can certainly can act as a catalyst. I guess this is what they meant actually. ( I believe you understand what a catalyst does)

Thats why I said its just an overstatement, no country can help other with income.. As far as europe is concerned they atleast give you some help with your export in garment, seafood, etc.. If you see carefully your trade with china then you will realize that it is doing the same thing which it has done with other nation i.e just to export its goods.. In that case atleast India is much better trade partner for Bangladesh, am i wrong ?? you can correct me if i have wrote something wrong over here..
 
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Look at post 22 ... Bangladesh already is or become middle income country long before 2021... China will help it by investing in infrastructure and in power generation projects... both of which will increase productivity by increasing industrialization and helping to bring more foreign investment and by making better communication systems.

Regarding during project time works it happen in many countries the contractors can bring their people of choice but in Bangladesh it is unlikely as they can get more bangladeshis at a cheaper rate then bringing chinese people at a higher rate...

But most importantly Bangladesh is trying to get the post benefit with those project completion... if it can create some temporary employment during the project definitely it will be a plus.

I guess at least you have knowledge how infrastructure and increase electricity production can help a country or it's economy!!!
If that bold part is possible than I am pretty sure that this economic relation will be active in long term.. otherwise you will be another African country or vietnam..

As far as infrastructure and electricity production is concerned, it will help BD with their growth..
 
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Its good for Bd and bad for India. TBH India will try every way to prevent BD from becoming another influential player in the region. Lets see how BD rolls through this.
 
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