Provincial Chairman Duong Van Thai extends Tet greetings to Chinese Embassy in Vietnam
According to the provincial Chairman Duong Van Thai, Bac Giang province has fostered establishing and expanding the cooperative relations with Chinese partners.
The province is home to 141 investment projects from China with total registered capital of 2,114 billion USD, ranking first in terms of registered capital and second in terms of the number of projects (preceded by Republic of Korea) among the countries and territories investing in Bac Giang.
A view at the meeting. |
Chinese enterprises mostly invest in manufacturing electronic components, livestock feed processing, electric devices, plastic and garment products.
There are some large-scale projects such as Bac Giang International Logistics Centre by the Hai Trinh Hai Nam Financial Management Joint Stock valued at 4,194 billion VND (1.8 billion USD), the factory of Vina Cell Technology Company Limited with total investment capital of 183 million USD and the factory of Vina Solar Technology Company Limited valued at 119 million USD.
The Chinese investment projects have made great contribution to socio-economic development of the province, especially in economic restructuring, creating jobs, enhancing labor productivity and transfer of modern technologies and management experience.
China is defined as a traditional and significant market taking high proportion in agricultural export structure of the province. Particularly, China is the biggest market for Bac Giang lychee.
Annually, the province sends the delegations to attend Vietnam-China International Trade Fair; thereby connecting and promoting signature products of the province to Chinese partners.
Ambassador Xiong Bo thanked the provincial party committee and government of Bac Giang province for their attention and support to Chinese enterprises. He was impressed by the figure 2,114 billion USD- the total investment capital of Chinese enterprises in Bac Giang province.
Ambassador of China in Vietnam Xiong Bo express thanks to Bac Giang’s provincial leader. |
Besides, several officials of Chinese Embassy have visited Bac Giang province in recent years.
The Ambassador added, with the population of over 1.4 billion people, China has biggest demand for farm produce import worldwide. Although Bac Giang does not share a border with China, it is close to China and has advantages in various agricultural products.
He expected the two sides would continue fostering exchanges and cooperation in many fields with a focus on economic and trade relations. The completion of Bac Giang - Lang Son Expressway will help to shorten the distance facilitating Bac Giang and some provinces in China in trade exchange. He believed the relations between the two sides would be more developed.
On the occasion of New Year 2020, the provincial Chairman Duong Van Thai invited Ambassador Xiong Bo to visit Bac Giang province. He wished the relationship between the two countries generally and between Bac Giang and Chinese partners particularly would be further developed.
Thu Phong
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