FBCCI urges more investment from China

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The Federation of Bangladesh Chambers of Commerce and Industry (FBCCI) urged the visiting Chinese delegation to find out right partner for joint ventures in Bangladesh to reduce trade gap between the two countries.

Figure: FBCCI president, Shafiul Islam Mohiuddin handed over a crest to Ms. Zou Xia, Director of CCPIT (Shandong) led the Chinese delegation. Representatives from BEZA, BIDA, BEPZA were also present at the meeting.
Figure: FBCCI president, Shafiul Islam Mohiuddin handed over a crest to Ms. Zou Xia, Director of CCPIT (Shandong) led the Chinese delegation. Representatives from BEZA, BIDA, BEPZA were also present at the meeting.

FBCCI president invited the Chinese Businessmen to invest here in Pharmaceuticals, Automobile and other prospective sectors. The lucrative offers provided by the government in foreign investment, Chinese entrepreneurs can come forward for investment.

Recently the 10 members Chinese trade delegation of CCPIT (China Council for the Promotion of International Trade) visited FBCCI and had a meeting with its board of directors and its members on 15 January at FBCCI auditorium in the capital.

FBCCI President Shafiul Islam Mohiuddin said, “Bangladesh is a huge market of 160 million people, Chinese investors can come forward for investment using their raw materials in different manufacturing sectors.”

Ms. Zou Xia, Director of CCPIT (Shandong) led the Chinese delegation recalled the historic friendly relationship between China and Bangladesh and emphasized on further strengthening the bilateral trade between FBCCI and CCPIT.

CCPIT is working as the trade promotion council for expansion of bilateral trade between China and Bangladesh. “Bangladesh has many investments in Textile sector from Shandong province”, Zou Xia added.

Bangladesh exported total amount of 949.41 million US $ to China in 2016-17 and imported the amount of 10128.1 million US $. The principal export products of Bangladesh to China are woven garments, leather goods, knitwear, jute and jute goods and leather and frozen foods etc. The import items from China are textiles & textile articles, machinery and mechanical appliance, electrical equipment and products of the chemical or allied industries etc.

FBCCI president invited the Chinese Businessmen to invest here in Pharmaceuticals, Automobile and other prospective sectors. The lucrative offers provided by the government in foreign investment, Chinese entrepreneurs can come forward for investment.

Recently the 10 members Chinese trade delegation of CCPIT (China Council for the Promotion of International Trade) visited FBCCI and had a meeting with its board of directors and its members on 15 January at FBCCI auditorium in the capital.

FBCCI President Shafiul Islam Mohiuddin said, “Bangladesh is a huge market of 160 million people, Chinese investors can come forward for investment using their raw materials in different manufacturing sectors.”

Ms. Zou Xia, Director of CCPIT (Shandong) led the Chinese delegation recalled the historic friendly relationship between China and Bangladesh and emphasized on further strengthening the bilateral trade between FBCCI and CCPIT.

CCPIT is working as the trade promotion council for expansion of bilateral trade between China and Bangladesh. “Bangladesh has many investments in Textile sector from Shandong province”, Zou Xia added.

Bangladesh exported total amount of 949.41 million US $ to China in 2016-17 and imported the amount of 10128.1 million US $. The principal export products of Bangladesh to China are woven garments, leather goods, knitwear, jute and jute goods and leather and frozen foods etc. The import items from China are textiles & textile articles, machinery and mechanical appliance, electrical equipment and products of the chemical or allied industries etc.

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